Simon Property Group SPG reported second-quarter earnings in line with our expectations on Monday. Simon continues to keep its malls filled with retailers, resulting in 92% occupancy for traditional malls and 99% for Premium Outlets. Diluted funds from operations were up 4% from $1.26 per share to ...
Mall REITs Shrug Off Department Store Closures
Long in the tooth, the current real estate cycle keeps going.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
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