Kimco Realty: High Occupancy And Low Valuation, Buy The Dip
KIMKimco Realty(KIM) Seeking Alpha·2024-02-12 21:10

MarsBars Many investors know that commercial real estate has been pressured over the past 12 months. However, ‘Commercial RE’ is a blanket term that covers all property types, not just the pressured office segment, with some property types doing just fine and in some cases even thriving. That’s why it pays to look beyond the headlines and instead look for value where credit is due. Such I find the case to be with Kimco Realty (NYSE:KIM) which I last covered in May of last year, noting its high exposure to r ...