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Kimco Realty reports improved income
Photo credit: Newsday / Audrey C. Tiernan
New Hyde Park-based Kimco Realty Corp., which owns more than 900 shopping centers in the United States, Canada and Latin America, reported a 5.5 percent increase in net operating income for 2011.
Kimco said in a Wednesday earnings report that its net operating income for 2011 was $617.6 million, up from $585 million for 2010. Net income available to common shareholders rose to $109.6 million,...
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