KIMCO 2013 INVESTOR DAY: ROADMAP TO GROWTH
Kimco held its 2013 Investor Day yesterday at the New York Palace Hotel. This was a highly anticipated event with over 125 confirmed attendees looking to hear about Kimco’s strategy over the next several years. Our path for growth hinges on three core initiatives, associated with the initials T.S.R.:
- Transforming our portfolio by trading up to higher quality properties in well-located areas through strategic acquisitions and dispositions
- Simplifying our business model by completing the exit of our remaining non-retail investments, reducing joint ventures, and exiting Latin America
- Redeveloping our properties by implementing structural and aesthetic upgrades, re-configuring space, and improving tenancy
Our execution on these three initiatives we believe will be positively correlated with the other T.S.R. investors are familiar with: Total Shareholder Return.
We’ve created a video outlining the progress made since our last Investor Day in 2010, and how we’re planning to capitalize on this growth throughout 2014 and beyond to generate continued strength, stability, and shareholder return.
Also, you can access the full Investor Day presentation and webcast on our website.