28 Followers USX:SPG - Simon Property Group, Inc Simon Property Group, Inc
Sector: Real Estate, Industry: Retail REITs
Next Earnings: 8 Nov 2021
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USD 124.15    -0.950 (-0.76%)
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23 Jul 2021


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General

CEO: Mr. David E. Simon

IPO: 1993-12-13

Headquarters: US

Employees: 2,400

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Description

Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 106 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), four lifestyle centers, and 14 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the past 12 months. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 29 premium outlets across 11 countries.