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Simon Property Group Inc (SPG.N)

SPG.N on New York Stock Exchange

172.91USD
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Latest Key Developments (Source: Significant Developments)

Simon Property Group Reports Q2 FFO Per Share $2.98
Monday, 30 Jul 2018 

July 30 (Reuters) - Simon Property Group Inc ::GROUP REPORTS RECORD SECOND QUARTER 2018 RESULTS AND RAISES QUARTERLY DIVIDEND AND FULL YEAR 2018 GUIDANCE.SEES FY 2018 FFO PER SHARE $12.05 TO $12.13.Q2 FFO PER SHARE $2.98.GROUP INC - OCCUPANCY WAS 94.7% AT JUNE 30, 2018 FOR U.S. MALLS AND PREMIUM OUTLETS.GROUP INC - DECLARED A QUARTERLY COMMON STOCK DIVIDEND OF $2.00 PER SHARE REPRESENTING 11.1% INCREASE YEAR-OVER-YEAR.GROUP - SEES 2018 NET INCOME WITHIN RANGE OF $7.46 TO $7.54 PER DILUTED EARNINGS PER SHARE.  Full Article

Simon Property Group Announces Brian McDade To Be New Chief Financial Officer
Thursday, 21 Jun 2018 

June 21 (Reuters) - Simon Property Group Inc ::SIMON PROPERTY GROUP ANNOUNCES BRIAN MCDADE TO BE NEW CHIEF FINANCIAL OFFICER.SIMON PROPERTY GROUP INC - MCDADE WILL SUCCEED ANDY JUSTER AS CO EXECUTIVE VP AND CFO ON OCTOBER 1, 2018.  Full Article

Simon Property Group Says CFO Andrew Juster To Retire‍​
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Simon Property Group Inc ::SIMON PROPERTY GROUP SAYS CFO ANDREW JUSTER TO RETIRE‍​.  Full Article

Simon Property Group Sells $1.35 Billion Of Senior Notes
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Simon Property Group Inc ::SIMON PROPERTY GROUP SELLS $1.35 BILLION OF SENIOR NOTES.SIMON PROPERTY GROUP INC - UNIT HAS AGREED TO SELL $600 MILLION PRINCIPAL AMOUNT OF ITS 2.750% SENIOR NOTES DUE JUNE 1, 2023.SIMON PROPERTY GROUP INC - HAS ALSO AGREED TO SELL $750 MILLION PRINCIPAL AMOUNT OF ITS 3.375% SENIOR NOTES DUE DECEMBER 1, 2027.SIMON PROPERTY GROUP INC - COMBINED, NEW ISSUES OF SENIOR NOTES HAVE A WEIGHTED AVERAGE TERM OF 8.0 YEARS AND A WEIGHTED AVERAGE COUPON RATE OF 3.10%.SIMON PROPERTY GROUP INC - OPERATING PARTNERSHIP INTENDS TO USE PROCEEDS TO FUND REDEMPTION AT PAR OF ALL $750 MILLION 1.50% NOTES DUE FEB 2018.  Full Article

Simon Property Group reports Q3 results, raises quarterly dividend
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Simon Property Group Inc :Simon Property Group reports third quarter 2017 results and raises quarterly dividend.Sees FY 2017 FFO per share $11.17 to $11.22.Q3 FFO per share $2.89.Q3 FFO per share view $2.87 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $11.21 -- Thomson Reuters I/B/E/S.Simon Property Group Inc - ‍occupancy was 95.3 percent at September 30, 2017​.Simon Property Group Inc - ‍declared a quarterly common stock dividend of $1.85 per share, representing a 12.1 percent increase YoY​.Simon Property - ‍2017 net income guidance includes $0.03/share negative impact in Q4 due to repair and restoration of centers located in Puerto Rico​.  Full Article

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Many U.S. mall owners say good riddance to Sears

NEW YORK The real estate investment trusts that own the malls and shopping centres where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans.