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

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Post by SIGG1on Mar 04, 2022 9:12am

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Post# 34482535

Hedge funds are quietly offloading their shares

while they recommend investors to stay put. This market is about to crash like something we have never seen before. Sell while you can, there are really no good reasons to be invested in stocks right not.
Hyper inflation
raising interest rates
War
War will make inflation worst
War will likely spread to other countries
Recession on the horizon

Hedge funds are quietly offloading their shares.

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