Kimco Realty

Kimco Realty is a real estate investment trust (REIT) that owns and manages shopping centers and retail properties primarily in the United States. Its business model involves purchasing, leasing, and operating these retail spaces, typically to tenants such as grocery stores, retail chains, and restaurants. Kimco aims to generate steady income from rental payments and increase the value of its properties over time. As a REIT, it distributes most of its taxable income to shareholders, making it an attractive option for income-focused investors seeking exposure to the retail real estate sector.