Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

David BurrowsKimco Realty Corp.KIMCOMMENTNov 25, 2014

One of the few infrastructure companies in the US that is not a Master Limited Partnership, which has negative tax implications for Canadian investors. This is a way you can be invested in energy infrastructure. Behaving extremely well and is within a whisper of its all-time high. Reduced his exposure by about a 3rd because people psychologically could be less favourable because it is attached to energy. Has a little over 4% yield.

$25.09

Stock price when the opinion was issued

$24.42

As of Jun 18, 2026. Market Open.

REAL ESTATE
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

HOLD

One of the oldest, largest shopping centre REITs in the US. Young, energetic management team focused on redevelopment. Likes the grocery anchor-shopping centre space. More value in other stocks, particularly in Canada with REI.UN or FCR.UN. You can keep owning it for the safe dividend.

WATCH

Work with REI.UN-T in a JV. The largest landlord for shopping centers in the US. Their focus over the last few years has been shedding non-core assets. They are 60-70% of the way through simplifying their business. Demand for their properties is starting to pick up. Is turning into a very high quality business.

SELL
Large US shopping center REIT. Think management lost their way a few years ago and basically panicked during the credit crisis. Diluted shareholders by about 40% at the worst time. US is overvalued relative to Canada. If you own, consider moving to Canada where there are better returns and less risk.