Seeking Alpha

Kimco agrees to sell Mexican properties for $92M

  • Kimco (KIM) unloads a few more Latin American properties, agreeing to sell a 4-property shopping center portfolio in Mexico for $92M. The company also recently closed on the sale of its 43% interest in another Mexican shopping center for $41M, and its 50% interest in a 9-property Chilean shopping center portfolio for about $83M (including assumption of debt).
  • Press release.
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