NYSE:KIMRetail REITs
A Look At Kimco Realty (KIM) Valuation After Lawsuit Alleging Fraudulent Lease Practices
Kimco Realty (KIM) is in focus after tenant Drip Coffee filed a lawsuit accusing the company of systemic fraud tied to alleged lease misrepresentation at a Florida shopping center redevelopment project.
See our latest analysis for Kimco Realty.
The lawsuit lands at a time when Kimco Realty’s share price has risen 20.49% year to date to US$24.17, while its 1 year total shareholder return of 18.67% and 3 year total shareholder return of 53.40% point to momentum that could be sensitive to any...