Fundz

Kimco Realty Realizes Additional Value from Albertsons Investment

PUBLIC · KIMJun 30, 2020

Round Type

Venture

JerichoReal EstateHospitality

Description

Kimco Realty Corp. (NYSE: KIM), one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, today announced that it received approximately $71.4 million from its investment in Albertsons Companies, Inc. (NYSE: ACI) (Albertsons) upon the closing of its initial public offering (IPO). Kimco intends to use its share of proceeds to primarily reduce debt.

Quick answer

Kimco Realty raised an undisclosed amount in a funding round, dated June 30, 2020. Kimco Realty is based in Jericho, New York, United States.

How much did Kimco Realty raise?
Kimco Realty raised an undisclosed amount in a funding round on June 30, 2020.
What does Kimco Realty do?
Kimco Realty® (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a..
Where is Kimco Realty based and how big is it?
Kimco Realty is based in Jericho, New York, United States. Fundz records about 720 employees.
Who are the decision-makers at Kimco Realty?
Fundz holds 3 contacts at Kimco Realty, including the Vice President Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Hospitality around the same time

Companies in the same sectors as Kimco Realty that raised within 45 days of this round, from Fundz verified event records.

  • Opiniion, Inc. raised $500K (Seed) on May 26, 2020.
  • Modify Health raised $1.7M (Seed) on August 11, 2020.
  • ListReports, Inc. raised $8.6M on August 3, 2020.
  • Former LOGE Hotel raised $15M on August 3, 2020.
  • Prime Roots raised $14M on July 22, 2020.
  • CIM Group raised $40M (Corporate Round) on July 21, 2020.

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Company Information

Company

Kimco Realty

Location

Jericho, New York, United States

About

Kimco Realty® (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets. The Company’s portfolio is primarily located in the first-ring suburbs of the top major metropolitan markets, including those in attractive coastal markets and rapidly expanding Sun Belt cities, with a tenant mix focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Kimco Realty is also committed to leadership in environmental, social and governance (ESG) issues and is a recognized industry leader in these areas. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the Company has specialized in shopping center ownership, management, acquisitions, and value enhancing redevelopment activities for more than 60 years. As of June 30, 2023, the Company owned interests in 528 U.S. shopping centers and mixed-use assets comprising 90 million square feet of gross leasable space. For further information, please visit www.kimcorealty.com.

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Related People

3 contacts
Verified contactsArmand V., Vice President Development hidden hidden hiddenSee plans and pricing
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Kimco Realty raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.