S

Simon Property Group
D

SPGpJ

62.070
USD
-0.93
(-1.48%)
Market Closed
Volume
0
EPS
0
Div Yield
6.82
P/E
0
Market Cap
49,466,562
OverviewSignalsIdeasNews
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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 231 properties: 136 traditional malls, 70 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.