Simon Property Group Inc (NYSE:SPG) Share Price

Company Profile

Business description
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 traditional mall, 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 Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 11 countries.
Contact
225 West Washington Street
IndianapolisIN46204
USA
T: +1 317 636-1600
E: [email protected]
https://www.simon.com
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Retail
Fiscal Year End
31 December 2024
Employees
3,000

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