Simon Property Group Inc T.SPG

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

Real Estate REIT - Retail

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 > What is SPG worth?

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Post by cpacon Jul 10, 2020 10:32am

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Post# 31251112

What is SPG worth?

SPG quietly climbing up ~25% since announcing they are now again reconsidering selling off the business... as the company continues to develop and grow revenues and EBITDA, what is it worth to a potential acquirer? It climbed to $2 last time on news it would let itself be acquired... and it is actually growing its business even in the current environment... $2.50? $3?

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