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
- Year-to-date leasing and maintenance capex was $115 million and full year outlook remains unchanged at $275 to $300 million. source
- Year-to-date redevelopment capex was $82 million and full year outlook is $125 to $150 million (previous $100 to $150 million). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | — | Year-to-date leasing and maintenance capex was $115 million and full year outlook remains unchanged at $275 to $300 million. |