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

Simon Property Group Inc > strategic review / selling on inside info

<< Previous

Bullboard Posts

Next >>

Comment by Ernieandberton Nov 17, 2021 10:09am

114 Views

Post# 34135805

RE:RE:RE:strategic review / selling on inside info

It is worth $4-6 if they sell Bullfrog which may have Ebitda 2021 of $10mm and should trade at a min valuation of 10x. This thing alone could be worth $100mm...even haircut that a bit to $75mm and then SPG would darn near be debt free and that move by the Board would show a stronger move in the stock than their strategic review imo. Trading in carbon credits is hardly their core business. Sell it and keep the rest.

<< Previous

Bullboard Posts

Next >>

This gambling tech stock might be the safest bet you’ll make this year