KIM · 8-K · 20260804PR331498
Same-Property NOI Growth
KIMCO REALTY CORP · 2026-08-04 · Importance 65 · Surprise 32 · In source text
Second-quarter same-property NOI increased 3.5% year-over-year to $403.2 million from $389.6 million. The increase was driven by a 2.6% increase in minimum rents. Credit loss was 57 basis points of total pro-rata rental revenues during the quarter, and the company’s 2026 outlook assumes same-property NOI growth of 3.0% to 3.5%.
Key facts
- Year-to-date through 6.30.26 same property NOI growth was +2.6% and the company’s current full year assumption for same property NOI growth is +3.0% to +3.5% (previous range +2.8% to +3.5%). source
- Same property NOI grew 3.5% year-over-year during the second quarter. source
- Minimum rents increased 2.6% and drove same property NOI growth during the second quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | probable | — | Year-to-date through 6.30.26 same property NOI growth was +2.6% and the company’s current full year assumption for same property NOI… |