-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下：我們將12個月目標價上調1美元至27美元，基於2026年FFO預期，預期市盈率（P/FFO）為14.4倍，高於其三年平均市盈率12.6倍，與零售同業平均水平（14.8倍）持平。我們將2026年FFO預期上調0.02美元至1.87美元，並將2027年FFO預期上調0.02美元至1.93美元。第一季新租約租金成長強勁，達到23.8%，凸顯了KIM旗下物業目前的旺盛需求。新租約的成長推動已簽約但尚未開業的物業儲備達到創紀錄的7700萬美元。管理層表示，租戶的信用狀況是他們記憶中最強勁的，這證明了KIM近年來在選擇受電商競爭影響較小的租戶方面所做的努力。我們持續看到KIM將低成長資產和土地租賃權再利用，所得款項用於1031條款下的資產置換收購。 2026年到期的債務較高，我們預計2026年下半年將有8億美元的再融資，利率將上調100-125個基點。
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