| Business Summary | | Kimco
Realty
Corporation
owns
and
operates
neighborhood
and
community
shopping
centers.
As
of
February
1,
2001,
the
Company's
portfolio
was
comprised
of
494
property
interests
including
429
neighborhood
and
community
shopping
center
properties,
two
regional
malls,
50
retail
store
leases,
nine
ground-up
development
projects,
three
parcels
of
undeveloped
land
and
one
distribution
center
totaling
approximately
66.0
million
square
feet
of
leasable
space
located
in
41
states.
The
Company's
portfolio
includes
53
shopping
center
properties
comprising
approximately
9.2
million
square
feet
relating
to
the
Kimco
Income
REIT,
a
joint
venture
arrangement
with
institutional
investors
established
for
the
purpose
of
investing
in
retail
properties
financed
primarily
with
individual
non-recourse
mortgage
debt. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | KIM
owns
and
operates
404
neighborhood
and
community
shopping
centers,
two
regional
malls,
55
retail
store
leases,
five
parcels
of
undeveloped
land,
one
distribution
center,
one
stand-alone
warehouse
and
five
projects
under
development.
For
the
six
months
ended
6/30/01,
revenues
increased
5%
to
$239.5
million.
Net
income
applicable
to
Common
rose
18%
to
$102.3
million.
Results
reflect
increased
number
of
property
acquisitions,
and
gains
on
sales
of
property. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Milton Cooper, 72 Chairman
and CEO | $767K | $36K | Michael Flynn, 65 Vice
Chairman, Pres and COO | 863K | 36K | Michael Pappagallo, 42 CFO,
VP | 409K | 36K | Robert Nadler, 42 Pres
- Midwest Region | -- | -- | Joseph Kornwasser, 53 Sr.
Exec. VP | 668K | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|