Here's Why You Should Keep Simon Property Stock in Your Portfolio
Simon Property(SPG) ZACKS·2024-12-25 01:56
Simon Property Group (SPG) is well-poised to benefit from its portfolio of premium retail assets in the United States and abroad. Solid retail-real-estate demand in the near term is likely to drive healthy demand for its properties, aiding leasing activity, occupancy levels and rent growth. Focus on supporting omnichannel retailing and developing mixed-use assets is encouraging. Moreover, accretive buyouts and redevelopment efforts augur well for long-term growth.However, growing e-commerce adoption and lim ...