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 > 50 cents today?

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Comment by GoodMonkeyon Apr 12, 2022 8:12pm

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Post# 34598740

RE:RE:RE:RE:RE:50 cents today?

Just wait for the class action lawsuit and this is going to get really ugly. I really don't see how they will be able to get out of this mess. The more they wait to give any kind of updates about the covenant breaches the more the stock will keep freefalling. It's actually a pretty good stock to short for someone who wants to play that game.

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