KIM · 8-K · 20260804PR331498

Capital Expenditure Outlook

KIMCO REALTY CORP · 2026-08-04 · Importance 90 · Surprise 84 · No source text

Kimco’s 2026 redevelopment capital-expenditure outlook is $125 million to $150 million, compared with a previous range of $100 million to $150 million. Year-to-date redevelopment capex was $82 million through June 30, 2026, including costs associated with The Chester at Westlake Shopping Center mixed-use development. The leasing and maintenance capex outlook remains unchanged at $275 million to $300 million, versus $115 million incurred year-to-date. Structured investments are expected to be $75 million to $125 million net of repayments, with an 8.0% to 10.0% weighted-average yield.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiveprobableYear-to-date leasing and maintenance capex was $115 million and full year outlook remains unchanged at $275 to $300 million.