Kimco Realty Corporation (hc) · NYSE:KIM
Kimco Realty Corporation (hc) — Kimco Realty — Investor Presentation (March 2015)
11 slides from Kimco Realty Corporation (hc)'s investor presentation, March 2015
Slide 1: Transform Simplify Redevelop Total Shareholder Return
Transform Simplify Redevelop Total Shareholder Return
Slide 2: Safe Harbor
Safe Harbor The statements in this presentation, including targets and assumptions, state the Company’s and management’s hopes, intentions, beliefs, expectations or projections of the future are forward-looking statements. It is important to note that the Company’s actual results could differ materi
Slide 3: Transform
Transform Kimco’s mission since September 2010 has been to create the most valuable shopping center portfolio in the industry. Since 2010 Investor Day: 234 93 142 * U.S. shopping additional U.S. shopping centers sold for properties identified centers acquired for $2.2 Billion as sale candidates $3.3
Slide 4: Transform: Higher quality acquisitions versus sold properties
Transform Kimco has aggressively transformed our portfolio – focusing on great assets in great locations. Comparing our high-quality acquisitions versus our sold properties since Investor Day 2010: $ Population Average household Pro-rata rent per Pro-rata occupancy of sold is income is square foot i
Slide 5: Transform: Key Territories
Transform Key Territories Our key territory strategy gives us the national scale and local presence we need to be the real estate partner of choice for retailers large and small. Key Territories Tier 1 Properties Kimco Offices Key Territories Our key territories are defined as: • Markets with strong
Slide 6: Transform: Continued Portfolio Strengthening
Transform Our quality trade-up has yielded impressive results for our portfolio as a whole with improvements across the board. Continued Portfolio Strengthening Household Density Median HHI Average HHI Estimated Population 1,369 | 1,443 $68,427 | $73,058 $79,975 | $87,068 106,117 | 108,501 9/2010 12
Slide 7: Simplify: Commitment to Focus on Retail
Simplify Retail real estate. It’s how we started, what we know best, and where we are focused. Commitment to Focus on Retail Recurring Earnings Stream 17% 2% 2008 2013 2014 83% 98% 100% Retail Income Non Retail Income 6
Slide 8: Simplify: Exited Non-Retail Investments
Simplify Simplifying our business by focusing on U.S. investments, reducing the number of joint ventures and increasing our own investment in the properties we manage. We Have Exited Non-Retail Investments And… 153* sold Latin America properties for a gross price of reduced JV properties from 551 to
Slide 9: Redevelop: Unlocking value in owned properties
Redevelop We have long believed we can unlock tremendous value by redeveloping and re-tenanting the strongly situated properties we already own in our key territories. We are focused on redevelopment to create more value. Investing over $1.2 billion * Earning returns on investment between to increas
Slide 10: Redevelop: Strong returns on invested capital
Redevelop Redevelopment yields strong returns on invested capital, produces higher residual net asset values, and creates operational efficiencies with modern technological advancements. Redevelopments allow: Improved Tenant Mix Lower Operating Costs Shopper Amenities 9
Slide 11: Transform – Simplify – Redevelop Total Shareholder Return
Transform – Simplify - Redevelop Each element of our TSR strategy contributes to the TSR that matters most to our investors. Total Shareholder Return 5 Year Since IPO 12/31/09 – 12/31/14 11/21/91 – 12/31/14 20.0% 18.0% 15.0% 13.5% 16.0% 15.4% 12.0% 14.2% 10.8% 9.8% 12.0% 9.0% 8.0% 6.0% 4.0% 3.0% 0.0