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Simon Property Group Inc T.SPG


Primary Symbol: SPG Alternate Symbol(s):  SPG.P.J

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, and The Mills. It owns or holds an interest in approximately 195 income-producing properties in the United States, which consists of 93 malls, 69 Premium Outlets, 14 Mills, six lifestyle centers, and 13 other retail properties in 37 states and Puerto Rico. It also holds an interest in 24 regional, super-regional, and outlet malls in the United States and Asia. In addition, it has redevelopment and expansion projects, including the addition of anchors, big box tenants and restaurants, underway at several properties in the North America, Europe and Asia. Internationally, the Company has ownership in 35 Premium Outlets and Designer Outlet properties primarily located in Asia, Europe, and Canada.


NYSE:SPG - Post by User

Comment by Ernieandberton Dec 29, 2022 12:52pm
277 Views
Post# 35195495

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers? 1) You may be right on Jackson presenting himself as a block and tackle sort of guy and not being so, but he is far more so than Sparaga.  He seems to understand the business of bidding on projects far better than Sparaga, that is for sure, along with a sense of urgency to not bid on those LT contracts and to unwind working capital. 

2) Not sure Jackson is part of Red Jar?  Ardilla, Clark, Waxman and Sparaga are according to their website and according to sedi.  Regardless, they have all but been shut out of the process and receive no comp. the problem is they hold too much equity and totally screwed up the bidding process over a year ago and need to stand down even further.  Board needs to go given the material accounting changes (3 in one year) and then fradulent rights offering.  
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