182.020004 USD
0.17
0.09%
Last update Dec 12, 3:59 PM EST
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Day range
181.64000
183.44000
Previous close
181.85001
Open
182.53999
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Simon Property Group, Inc.
182.02
0.17
0.09%

Overview

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Description

Simon Property Group, Inc. is a leading real estate investment trust (REIT) specializing in the ownership, development, and management of premier retail real estate properties. The company primarily operates shopping malls, dining, entertainment venues, and mixed-use destinations, positioning itself as a key player in the retail real estate sector. With substantial assets, Simon Property Group plays a significant role in shaping consumer retail experiences across a variety of markets. The REIT structure facilitates income generation through rental revenues, supported by a diversified portfolio of high-quality retail locations. Additionally, the company has engaged in capital market activities, such as the issuance of exchangeable bonds, to support its strategic growth and financial flexibility. With a market capitalization in the tens of billions of euros and steady revenue and net income figures, Simon Property Group stands as an influential entity within the real estate investment landscape.

About

CEO
Mr. David E. Simon
Employees
2600
Address
225 West Washington Street
Indianapolis, 46204-3438, IN
United States
Phone
317 636 1600
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
United States
MIC code
XNYS
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