Kimco Realty Highlights Growth Strategies at BofA Conference

During the BofA Securities 2025 Global Real Estate Conference on September 10, 2025, Kimco Realty Corporation (NYSE: KIM) shared insights into its growth strategy and market positioning. CEO Conor Flynn and other key executives provided a comprehensive overview of the company’s operations and future plans.

Kimco’s Core Focus on Necessity-Based Retail

Kimco Realty, recognized as the largest owner and operator of open-air grocery-anchored shopping centers, has strategically concentrated its efforts in high barrier first-ring suburban markets across the Sunbelt and coastal states. Currently, a remarkable 86% of the company’s annual base rent (ABR) originates from grocery-anchored centers. Additionally, over 91% of its portfolio is situated in demographic corridors with significant barriers to entry, underscoring its commitment to resilience and growth in varying economic climates.

In his opening remarks, Flynn emphasized the company’s clear strategy, which includes a disciplined balance sheet, a focus on necessity-based retail, and leveraging deep retailer relationships. He stated that Kimco aims to deliver outperformance throughout market cycles by utilizing its national scale, redevelopment platform, and innovative capital allocation strategies, including structured investments and strategic entitlements.

Continued Demand and Leasing Velocity

Flynn noted that since the last earnings call, Kimco has not experienced any slowdown in leasing activity or tenant demand. In fact, the opposite is true. Retailers are actively seeking space and accelerating deals to align with their store opening mandates. This is particularly crucial in the current market, where delaying new store openings could result in losing market share to competitors.

Kimco’s robust pipeline reflects this increasing demand. Flynn highlighted that retailers are concentrating their efforts on well-located, high-performing centers, precisely the type of properties that Kimco owns. By capitalizing on these trends, Kimco positions itself strongly in the competitive retail landscape.

Overall, Kimco Realty’s presentation at the BofA Securities conference provided a clear picture of its strategic direction and commitment to maintaining a strong presence in the retail sector. Through a focus on necessity-based retail and an unwavering commitment to quality locations, the company is poised to continue its growth trajectory in the coming years.