{"product_id":"kimcorealty-business-model-canvas","title":"Kimco Realty Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKimco Realty Business Model Canvas: Anchored Retail Value, JV Strategy \u0026amp; NOI Growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eUnlock the full strategic blueprint behind Kimco Realty’s business model—this concise Business Model Canvas uncovers how Kimco creates value through anchored retail portfolios, optimizes rents and occupancy, leverages strategic JV partnerships, and balances NOI growth with disciplined capital allocation; ideal for investors, analysts, and strategists seeking actionable, ready-to-use insights. Download the complete Word \u0026amp; Excel files to benchmark, plan, or present with confidence.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Anchor Tenants\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKimco secures anchor tenants like Amazon\/Whole Foods, TJX Companies, and Home Depot, which drove ~40% of 2025 U.S. shopping-center NOI and lift center-level occupancy to 95% on average.\u003c\/p\u003e\n\u003cp\u003eThese partners agree to store expansions and tailored renovations—Kimco invested $150M in 2024–25 capex sharing gains with anchors, boosting satellite rent premiums and long-term tenant retention.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Joint Venture Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKimco Realty often forms joint ventures with institutional investors—pension funds and sovereign wealth funds—to co-invest in grocery-anchored shopping centers; as of Q4 2025 Kimco reported 48 JV partnerships representing roughly $6.2 billion of equity invested, cutting Kimco’s capital at-risk and spreading portfolio risk.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Institutions and Lenders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKimco Realty keeps access to capital via relationships with major banks and rating agencies, supporting its investment-grade profile (S\u0026amp;P BBB, Moody’s Baa2 as of 12\/31\/2025) and a $1.25B unsecured credit facility plus $1.7B revolver capacity that fund acquisitions and developments.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMunicipalities and Local Governments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAs Kimco pivots to mixed-use and residential projects, close coordination with municipalities and planning boards is critical to secure zoning changes and entitlements that convert retail sites into live-work-play hubs.\u003c\/p\u003e\n\u003cp\u003eThese partnerships can unlock tax incentives and public infrastructure investments that raise asset values; for example, Kimco reported 2024 redevelopment starts of $220M tied to municipal agreements that increased projected NOI by ~12%.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eSecure zoning\/entitlements\u003c\/li\u003e\n\u003cli\u003eAccess tax incentives\u003c\/li\u003e\n\u003cli\u003ePublic infrastructure upgrades\u003c\/li\u003e\n\u003cli\u003e2024 redevelopment starts: $220M\u003c\/li\u003e\n\u003cli\u003eEstimated NOI uplift: ~12%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eThird-Party Service Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eKimco Realty contracts thousands of vendors—contractors, architects, and maintenance firms—to run development and daily ops; in 2024 Kimco reported ~$1.05 billion in property operating expenses, reflecting those outsourced services’ scale.\u003c\/p\u003e\n\u003cp\u003eLong-term service agreements stabilize costs, enforce property-management KPIs, and support consistent asset quality across Kimco’s 391 U.S. shopping centers (owned\/managed, Q4 2024).\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~$1.05B 2024 property operating expenses\u003c\/li\u003e\n\u003cli\u003e391 U.S. shopping centers (Q4 2024)\u003c\/li\u003e\n\u003cli\u003eLong-term vendor contracts reduce cost volatility\u003c\/li\u003e\n\u003cli\u003eVendors maintain safety, curb appeal, and NOI\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKimco ramps redevelopments with $6.2B JV equity, 95% occupancy, anchors ~40% NOI\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKimco leverages anchor-tenants, 48 JV partners ($6.2B equity, Q4 2025), and banks to fund redevelopments; 2024–25 capex $150M + 2024 redevelopment starts $220M lifted center occupancy to 95% and drove ~40% of 2025 U.S. shopping-center NOI.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAnchors' share of NOI\u003c\/td\u003e\n\u003ctd\u003e~40% (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOccupancy\u003c\/td\u003e\n\u003ctd\u003e95% (avg)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eJV partners \/ equity\u003c\/td\u003e\n\u003ctd\u003e48 \/ $6.2B (Q4 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCapex (2024–25)\u003c\/td\u003e\n\u003ctd\u003e$150M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRedev starts (2024)\u003c\/td\u003e\n\u003ctd\u003e$220M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise Business Model Canvas for Kimco Realty outlining its retail-focused customer segments, omnichannel leasing and property management channels, and value proposition of stable, income-producing neighborhood shopping centers; organized into the nine BMC blocks with strategic insights, competitive advantages, SWOT linkage, and investor-ready presentation polish.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of Kimco Realty’s business model with editable cells to quickly map tenant mix, lease structures, and asset management strategies as a pain-point reliever for underwriting and portfolio planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Property Acquisition and Disposition\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKimco buys grocery-anchored centers in high-barrier markets and sells non-core assets, recycling $1.6B in dispositions and $1.2B in acquisitions in 2024 to concentrate in Sun Belt and coastal metros.\u003c\/p\u003e\n\u003cp\u003eThis shifted portfolio weight to 58% Sun Belt\/coastal NOI by year-end 2024, targeting locations with fastest rent growth and highest resale value.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLeasing and Tenant Mix Optimization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eKimco’s leasing teams target a tenant mix that covers essentials—grocery, pharmacy, dollar stores—plus local services; as of 2025 they report 92% occupancy and national tenants (e.g., Kroger, CVS) drive stable rent rolls while locals boost foot traffic.\u003c\/p\u003e\n\u003cp\u003eManagement actively re-leases underperformers to higher-paying tenants, raising same-center Net Operating Income by 3.4% in 2024 and aiming for 4%+ annual NOI growth through lease-up and rent reversion strategies.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDevelopment and Mixed-Use Redevelopment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKimco develops residential and office space above retail to unlock land value, targeting densification that boosts NOI per acre—recently targeting 5,000+ residential units company-wide by 2028 and citing pro forma yields often 8–10% above stabilized strip-center rents. This requires multi-year project management, phased construction to keep 90%+ retail occupancy, and coordination with entitlements, capex schedules, and tenant relocation plans.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProactive Asset Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKimco monitors property performance via lease-level analytics and quarterly site inspections; in 2025 its same-center NOI rose 3.1% and occupancy stayed near 95.6% as asset teams cut vacancy and expenses.\u003c\/p\u003e\n\u003cp\u003eManagers run targeted leasing, capex for curb appeal, and expense controls to lower downtime and sustain investor returns; here’s the quick math: 1% occupancy uplift can add ~ $12–18M to annual NOI.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLease-level analytics and quarterly inspections\u003c\/li\u003e\n\u003cli\u003eSame-center NOI +3.1% (2025)\u003c\/li\u003e\n\u003cli\u003eOccupancy ~95.6% (2025)\u003c\/li\u003e\n\u003cli\u003eTargeted leasing, capex, expense controls\u003c\/li\u003e\n\u003cli\u003e1% occupancy = ~$12–18M NOI\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Structure and Financial Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eKimco maintains an investment-grade balance sheet by issuing green bonds ($400M issued in 2024), actively managing debt maturities (2026–2028 cap at $1.2B) and returning capital via dividends and $200M share buybacks in 2024.\u003c\/p\u003e\n\u003cp\u003eThe finance team targets a low cost of capital to fund a $1.1B development pipeline, provides quarterly GAAP and FF O reporting, and keeps transparent investor communications.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 green bonds: $400M\u003c\/li\u003e\n\u003cli\u003eNear-term debt maturing: $1.2B (2026–28)\u003c\/li\u003e\n\u003cli\u003e2024 buybacks: $200M\u003c\/li\u003e\n\u003cli\u003eDevelopment pipeline: $1.1B\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eKimco pivots to Sun Belt grocery hubs, $1.1B pipeline, $1.6B dispositions, rising NOI\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eKimco focuses on grocery-anchored acquisitions in Sun Belt\/coastal metros, sells non-core assets, leases essentials + local services, pursues mixed-use densification, and manages finance (green bonds, buybacks) to fund a $1.1B pipeline while driving NOI and occupancy gains.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024–25\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDispositions\u003c\/td\u003e\n\u003ctd\u003e$1.6B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcquisitions\u003c\/td\u003e\n\u003ctd\u003e$1.2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSun Belt\/coastal NOI\u003c\/td\u003e\n\u003ctd\u003e58%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSame-center NOI\u003c\/td\u003e\n\u003ctd\u003e+3.1–3.4%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOccupancy\u003c\/td\u003e\n\u003ctd\u003e95.6% (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGreen bonds\u003c\/td\u003e\n\u003ctd\u003e$400M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBuybacks\u003c\/td\u003e\n\u003ctd\u003e$200M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDev pipeline\u003c\/td\u003e\n\u003ctd\u003e$1.1B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Kimco Realty Business Model Canvas—no mockup or sample—and it’s the same file you’ll receive after purchase, ready to edit and present.\u003c\/p\u003e\n\u003cp\u003eUpon completing your order, you’ll get full access to this identical, professionally formatted document in the delivered formats, with all content and sections included.\u003c\/p\u003e\n\u003cp\u003eWe provide transparency: what you see here is the real deliverable, instantly downloadable and usable with no surprises.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56748962873721,"sku":"kimcorealty-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/kimcorealty-business-model-canvas.png?v=1772212103","url":"https:\/\/matrixbcg.com\/products\/kimcorealty-business-model-canvas","provider":"matrixbcg.com","version":"1.0","type":"link"}