KIM check their presentation pages 22-25 for mixed use info. link below.
I recently added KRG. KIM and KRG are my largest retail reits. they are pretty solid, with 4% to 5% div, but not much FFO growth in initial 2023 outlooks. that is true for all retail reits that I've seen so far.
xxxx presentation xxxx
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a clip from KRG conf call
Our strategy for the next 18 months is straightforward. We still have a 150 basis point spread between our current and pre-COVID leased rate, which represents the most near-term upside amongst our peers... Additionally, we have a healthy $33 million signed-not-open pipeline to help buffer any potential tenant disruption in 2023.
We continue to see strong demand from a variety of anchor tenants with whom we have recently signed leases, including ALDI, Lidl, Trader Joe’s, Total Wine, DICK’S Sporting Goods, HomeGoods, pOpshelf, Ulta,and Five Below, amongst many others. Successful retailers continue to implement an omnichannel strategy across their fleets, where the physical store is an integral distribution point to deliver products and services to consumers. Supply of high-quality open-air retail space remains low, and demand continues to be strong as demonstrated by our ability to grow rents at compelling returns.
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