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United Kingdom

Simon Property Group Inc (SPG.N)

SPG.N on New York Stock Exchange

164.24USD
19 Jan 2018
Change (% chg)

$-0.01 (-0.01%)
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$164.25
Open
$164.91
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$163.03
Volume
730,159
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418,346
52-wk High
$187.33
52-wk Low
$150.17

Latest Key Developments (Source: Significant Developments)

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

Simon Property reports Q2 FFO per share $2.63
Wednesday, 27 Jul 2016 

Simon Property Group Inc : Reports second quarter 2016 results and raises quarterly dividend and full year 2016 guidance . Sets quarterly dividend of $1.65 per share . Qtrly funds from operations was $952.9 million, or $2.63 per diluted share . Currently estimates net income to be within a range of $6.04 to $6.12 per diluted share for year ending December 31, 2016 . Comparable property NOI growth for three months ended June 30, 2016 was 3.2 pct . Sees FY 2016 FFO per share $10.77 to $10.85 . Q2 FFO per share $2.63 . Occupancy as of June 30, 2016 was 95.9 pct percent versus 96.1 pct percent last year . Q2 FFO per share view $2.62 -- Thomson Reuters I/B/E/S .FY 2016 FFO per share view $10.86 -- Thomson Reuters I/B/E/S.  Full Article

Simon Property Group says Simon International Finance to sell EUR500 mln principal amount of its 1.25% unsecured notes due 2025
Tuesday, 10 May 2016 

Simon Property Group Announces Offering Of Euro : Simon property group announces offering of euro-denominated notes . Simon international finance to sell eur 500 million principal amount of its 1.25% unsecured notes due 2025 . Expects to use net proceeds from offering to reduce its existing euro-denominated borrowings and for general corporate purposes .Denominated notes.  Full Article

Online shopping won't grow forever, says Unibail boss creating malls giant

SYDNEY/PARIS, Dec 14 Online shopping has its limits and physical stores will never go out of fashion, says the CEO of Unibail-Rodamco which is betting $16 billion on buying Westfield to create a global mall giant.