5 Reasons to Add Simon Property (SPG) Stock to Your Portfolio
Simon Property(SPG) ZACKS·2024-08-24 00:45
Simon Property Group (SPG) , the retail REIT behemoth, is well-poised to ride on this growth curve, backed by its portfolio of premium retail assets in the United States and abroad, solid operating fundamentals and strategic moves. Earlier in August, Simon Property reported second-quarter 2024 funds from operations (FFO) per share of $2.90, which increased from $2.88 reported in the year-ago period. An increase in revenues, backed by a rise in the base rent per square foot and occupancy levels, supported th ...