Key Takeaways SPG's U.S. Malls and Premium Outlets portfolio reached 95.9% occupancy, up from 95.5% last year. The company added 809 new and renewal leases in Q1 2025, totaling 3.1M sq. ft. across its retail portfolio. SPG holds $10.1B in liquidity and strong credit ratings, supporting acquisitions and redevelopment.Simon Property Group (SPG) owns a high-quality portfolio of premium retail assets across the United States and abroad. Backed by healthy demand in the retail real estate sector, SPG stands to ...

INDIANAPOLIS, July 7, 2025  /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its second quarter earnings release and conference call. Simon's financial and operational results for the quarter ending June 30, 2025, will be released after the market close on August 4, 2025.  The Company will host its quarterly earnings conference call and an audio webcast on August 4 from 5:00 p.m. ...

Group 1 - The iREIT® Tracker provides comprehensive data on over 250 tickers, including quality scores, buy targets, and trim targets, focusing on various investment vehicles such as REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers [1] - There is a prevalent misconception in the REIT sector that issuing stock is dilutive to investors, which is frequently discussed on platforms like Seeking Alpha and social media [1] Group 2 - The investing group iREIT®+HOYA Capital, led by Brad and HOYA Capital, specializes in REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives, backed by a team of analysts with over 100 years of combined experience [2] - Brad Thomas has over 30 years of experience in real estate investing, having been involved in over $1 billion in commercial real estate transactions, and has been featured in major media outlets [3]

Core Insights - Simon Property Group (SPG) shares have increased by 15.7% over the past three months, outperforming the industry growth of 7.7% [1][8] - The company has a strong portfolio of premium retail properties in the U.S. and internationally, benefiting from healthy demand for retail real estate, high occupancy rates, and rent growth [1][4] Strategic Initiatives - SPG is focusing on enhancing omnichannel retail capabilities and expanding mixed-use developments, which are expected to support long-term growth [2][4] - The company has signed 259 new leases and 550 renewal leases in Q1 2025, indicating strong leasing momentum in a favorable retail environment [5] Financial Health - As of March 31, 2025, SPG had $10.1 billion in liquidity, a total secured debt to total assets ratio of 16%, and a fixed-charge coverage ratio of 4.6, indicating strong financial flexibility [9] - SPG has a corporate investment-grade credit rating of A- from S&P and A3 from Moody's, which supports its growth initiatives [9] Dividend Policy - SPG announced a quarterly common stock dividend of $2.10 for Q1 2025, marking the 13th increase in the past five years, with a payout growth of 9.09% during the same period [10]

Core Viewpoint - Real estate investment trusts (REITs) are highlighted as attractive options for dividend investors, with three specific REITs—Prologis, Realty Income, and Simon Property Group—recommended for their high yields and growth potential [1]. Group 1: Prologis - Prologis has a dividend yield of 3.8%, which is above the S&P 500's 1.3% yield and slightly below the average REIT yield of around 4% [2]. - The company is the largest industrial REIT, with a global portfolio of warehouses in key distribution hubs, and has seen a 10% year-over-year growth in adjusted funds from operations in Q1 2025 [4]. - Prologis has a history of over 10% annualized dividend increases over the past decade, making it an attractive option despite current tariff-related concerns [5]. Group 2: Realty Income - Realty Income offers a 5.6% yield, significantly higher than both the market and average REIT yields, indicating a favorable buying opportunity [6]. - The REIT primarily owns single-tenant properties in the U.S. and Europe, with tenants covering most property-level costs, and has diversified into debt investments and institutional services [7][8]. - Realty Income has increased its dividend annually for three decades, providing a reliable income stream with slow and steady growth [9]. Group 3: Simon Property Group - Simon Property Group has a dividend yield of 5.2% and focuses on high-performing retail properties, including enclosed malls and factory outlet centers [10]. - The company has a history of dividend cuts during economic downturns but has consistently returned to a growth trajectory post-recession, reflecting consumer behavior [11]. - The focus on high-quality properties positions Simon favorably as lower-quality malls decline, making it a potentially rewarding investment for those willing to accept some cyclicality [12]. Group 4: Summary of Investment Opportunities - Each of the three REITs presents unique investment merits: Prologis for its strong dividend growth, Realty Income for its reliable income, and Simon for its high-quality retail assets [13].

Key Takeaways SPG acquires Brickell City Centre's 500,000-sq-ft retail asset and will now wholly own and manage it. The open-air center hosts 90 retailers and 15 dining spots across three city blocks. Simon invests in premium assets despite e-commerce growth and macroeconomic concerns.Simon Property Group (SPG) recently announced that it has purchased Swire Properties’ stake in Brickell City Centre’s open-air shopping center and will now wholly own and manage the asset. Earlier, SPG held a 25% non-managin ...

Simon Property Group, Inc. (NYSE: SPG ) appears to have reshaped its image as a victim of e-commerce. The company has been posting consistently rising rent and earnings growth. I suspect that the market is too focused on the company's recentJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuation hurdles to ...

It has been about a month since the last earnings report for Simon Property (SPG) . Shares have added about 0% in that time frame, underperforming the S&P 500.Will the recent trend continue leading up to its next earnings release, or is Simon Property due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns o ...

"National Outlet Shopping Day is the ultimate outlet shopping experience that continues to grow year after year," said Lee Sterling, Simon's Chief Marketing Officer. "Millions of deal seekers already recognize this as the moment to find tremendous deals and experience the thrill of getting great products at great prices. The expansion of National Outlet Shopping Day from two days to four days will double the fun by offering more time and more ways to save money." Now in its fourth year, National Outlet Shop ...

Key Takeaways Simon Property signed 809 leases in Q1 2025, with occupancy climbing to 95.9% from 95.5% a year ago. SPG drives growth through mixed-use expansion, digital brand deals and strong balance-sheet liquidity. Elevated rates and softening FFO estimates raise concerns despite SPG's solid operating performance.Simon Property Group (SPG) boasts a portfolio of premium retail properties both in the United States and internationally. With healthy near-term demand for retail real estate, the company is w ...