M&A Deal Summary

Kimco Realty Acquires Atlantic Realty Trust

On March 31, 2006, Kimco Realty acquired real estate company Atlantic Realty Trust for 82M USD

Acquisition Highlights
  • This is Kimco Realty’s 16th transaction in the Real Estate sector.
  • This is Kimco Realty’s 12th largest (disclosed) transaction.
  • This is Kimco Realty’s 8th transaction in the United States.
  • This is Kimco Realty’s 1st transaction in New York.

M&A Deal Summary
Date 2006-03-31
Target Atlantic Realty Trust
Sector Real Estate
Buyer(s) Kimco Realty
Deal Type Add-on Acquisition
Deal Value 82M USD

Target

Atlantic Realty Trust

New York, New York, United States
Atlantic Realty Trust operated as a real estate investment trust. It owned a retail property, Hylan Plaza Shopping Center, located in Staten Island, New York.

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Buyer(S) 1

Buyer

Kimco Realty

Jericho, New York, United States
Category Company
Sector Real Estate
Employees660
Revenue 1.8B USD (2023)
DESCRIPTION

Kimco Realty is a real estate investment trust (REIT) that owns and operates North America's major publicly traded portfolio of neighborhood and community shopping centers. Kimco Realty is based in Jericho, New York.

DEAL STATS #
Overall 16 of 38
Sector (Real Estate) 16 of 37
Type (Add-on Acquisition) 8 of 19
State (New York) 1 of 1
Country (United States) 8 of 28
Year (2006) 1 of 2
Size (of disclosed) 12 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-21 Price Legacy

San Diego, California, United States

Price Legacy Corp.operates as a real estate investment trust (REIT). Company engages in the operation, acquisition, sale, and development of real estate properties, primarily open-air shopping centers in the United States.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-31 Pan Pacific Retail Properties

Vista,, California, United States

Pan Pacific Retail Properties Inc. a real estate investment trust (REIT), engages in the ownership, management, and lease of neighborhood and community shopping centers primarily in the western United States.

Buy $4.1B
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