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Kimco Realty Second Quarter 2015 Transaction Activity Exceeds $500 Million; Company Continues Simplification – Further Reduces Joint Ventures and Sells Last Remaining Shopping Centers in Mexico

NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--Kimco Realty Corp. (NYSE:KIM) today reported that the company’s transaction activity for the second quarter of 2015 totaled more than $500 million. Highlights include the acquisition of the remaining 24.7% equity interest in the 14-property Kimco Income Fund II portfolio based on a gross value of $341.1 million and the disposition of 16 shopping centers for a gross sales price of $144.0 million. In addition the company sold 6.4 million shares of SUPERVALU INC. (NYSE:SVU) common stock for $58.6 million.