SPG

Simon Property Group
D

SPG

181.940
USD
1.02
(0.56%)
Market Open
Volume
8,908
EPS
5
Div Yield
4.71
P/E
23
Market Cap
59,320,333,103
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News

Title: Simon Property Group

Sector: Real Estate
Industry: REIT - Retail
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 230 properties: 136 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditionalmall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $743 in sales per square foot in 2023 compared with $693 in sales per square foot over the 12 months before the pandemic. The company also owns a 22% interest in Klepierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 11 countries.