文章核心观点 - 公司自2020年3月以来股价大涨,超越整体REIT市场[4] - 公司已基本恢复到疫情前的股息水平,目前股息收益率为5.4%[5] - 公司当前估值(P/FFO 12.3x)较疫情前已接近,但考虑到利率上升的影响,该估值可能过高[6][8][9] 公司概况 - 公司主要经营高端购物中心,业务模式和资产结构较为稳健[10] - 公司97%的债务为固定利率,债务到期期限分散,利率上升影响有限[11][14] - 公司过去3年FFO增长11%,但与2019年相比基本持平,未来几年增长预期较为平缓[15] 投资评估 - 公司作为稳健的高股息股票值得持有,但未来股价上涨空间有限[17][18] - 考虑到估值水平和增长预期,不建议大幅增加对公司的投资头寸[18]

文章核心观点 - 西蒙公司是一家房地产投资信托公司,专注于拥有和运营优质的购物、餐饮、娱乐和综合用途目的地 [1] - 公司将于2024年8月5日发布2024年第二季度的财务和经营业绩 [2] - 公司将于2024年8月5日举行季度财报电话会议和网络直播 [3] - 公司将提供电话会议的重播服务,时间为2024年8月5日晚9点至2024年8月12日晚11点 [4] 公司概况 - 西蒙公司是一家房地产投资信托公司,在北美、欧洲和亚洲拥有众多物业 [5] - 公司的物业为数百万人每天提供聚会场所,并创造数十亿美元的年销售额 [5]

Simon Property (SPG) and bp’s global EV charging business, bp pulse joined hands for the installation and operation of more than 900 ultra-fast EV chargers at 75 sites in the United States. The move will benefit Simon in expanding its EV charging options across its portfolio and lure more shoppers.The first location with chargers from bp pulse will be made open to the public in early 2026 and support vehicles from nearly all EV makers. The Simon portfolio aligns with bp pulse’s strategy to deploy ultra-fast ...

Ultra-fast bp pulse Gigahubs to be rolled out at 75 Simon® locations, adding over 900 charging bays across the US.bp pulse continues to leverage its leading global network and expertise to pursue disciplined growth in key markets like the US.HOUSTON, July 10, 2024 /PRNewswire/ -- Today, bp (NYSE: bp) announced a deal for bp's global EV charging business, bp pulse, to install and operate EV charging Gigahubs on 75 sites with Simon (Simon Property Group, NYSE: SPG), a real estate investment trust engaged in t ...

jetcityimage The decline in interest rates that has fueled an interest in REITs like Simon Property Group, Inc. (NYSE:SPG). But that trend, in general, has paused. That pause will likely continue until the Federal Reserve feels comfortable resuming the downtrend. For the rest of the current fiscal year, that appears to be unlikely. Therefore, the stock may be caught in a relative trading range for at least the rest of the year and maybe longer. Lastly, the first quarter was off to a great comparison an ...

NEW YORK, June 18, 2024 /PRNewswire/ -- CAMP, the Family Experience Company, and Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a strategic partnership to bring play and magic to even more families across the country. Since 2018 CAMP has been the destination for young families, creating extraordinary immersive retail experiences like Bluey x CAMP, Encanto x CAMP, The Little Mermaid x CAMP and Trolls x CAM ...

PHOENIX will Operate DTC Commerce in the U.S.A. for Express & BonobosNEW YORK, June 14, 2024 /PRNewswire/ -- WHP Global, in collaboration with an affiliate of Simon Property Group ("Simon"), Brookfield Properties ("Brookfield"), and Centennial Real Estate ("Centennial"), announce the formation of PHOENIX, a new retail operating platform, which received court approval to acquire a majority of Express, Inc. operations. Upon closing, PHOENIX will operate all direct-to-consumer (DTC) commerce in the U.S.A. for ...

RoschetzkyIstockPhoto This article was co-produced with Wolf Report. It's been some time since we've looked closely at Simon Property Group, Inc. (NYSE:SPG); however, the time has come for an update on the company for a basic reason - the company recently hit my highest-level rotation target, the target that would mark the REIT as a "HOLD" for me, when it moved over $150/share. Why do I view this as such an important limit, and why do I think the company is now a "HOLD" and it should no longer be bought ...

Simon Property Group (SPG) recently announced a reinvestment to incorporate luxury living at San Diego's top shopping destination, Fashion Valley.The move aims to boost foot traffic and sales and attract top-tier tenants, fortifying its place in the retail real estate market and ensuring long-term value creation.Fashion Valley, as part of a mixed-use redevelopment project, will soon feature 850 multi-family luxury residences with the help of apartment developer AMLI Residential. The project will also includ ...

Center Uniquely Positioned to Serve Greater San Diego and Beyond, as Growth Continues INDIANAPOLIS, May 20, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, today announced significant reinvestment to integrate luxury living at Fashion Valley. Following the recent completion of a multimillion-dollar revitalization, the new development further positions the center as the epicenter of upscale shopping, ...