INDIANAPOLIS, April 16, 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 first quarter earnings release and conference call. Simon's financial and operational results for the quarter ending March 31, 2025, will be released after the market close on May 12, 2025.  The Company will host its quarterly earnings conference call and an audio webcast on May 12 from 5:00 p.m. to ...

In the world of retail real estate investment trusts (REITs), two names consistently dominate investor conversations: Realty Income Corporation (O) and Simon Property Group, Inc. (SPG) . Both are giants in their respective corners of the retail landscape — Realty Income with its single-tenant net lease portfolio and Simon Property with its premium mall and outlet centers. But as market dynamics shift and interest rate pressures persist, which REIT makes the smarter buy today? Let’s break down the investment ...

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 well-positioned to benefit from increased leasing activity, high occupancy rates, and continued rent growth.SPG’s strategic emphasis on enhancing omnichannel retail capabilities and expanding its mixed-use developments is promising. Additionally, accretive acquisitions and ongoing redevelopment projects support its long ...

New York, New York, April 09, 2025 (GLOBE NEWSWIRE) -- As part of the buildup to the premiere of Warner Bros. Pictures and Legendary Pictures' A Minecraft Movie, Warner Bros. and Hologram Media Network (HMN) have created exclusive hologram content available every day at a new network of 4 Macerich Malls and 30 Simon® malls across the country and utilizes HMN's exclusive technology partnership with Proto Hologram. The Minecraft experience and show was created by Los Angeles-based creative studio Pretty Big M ...

Core Insights - Simon Property Group (SPG) has opened the Jakarta Premium Outlets in Indonesia, marking its first Premium Outlet in the country and eighth globally [1] - The outlet spans over 302,000 square feet and features more than 150 global and local brands, catering to the Greater Jakarta area [2] - The shopping center is located in the Alam Sutera Township central business district, which has a population exceeding two million [3] Management Commentary - The president of Development at Simon, Mark Silvestri, emphasized the company's strategy to provide exceptional value while honoring Indonesia's character, creating a world-class shopping destination [4] - SPG maintains a diversified portfolio of premium retail assets, with solid demand expected to drive leasing activity and rent growth in the upcoming quarters [4] Leasing Activity - In 2024, SPG signed 1,149 new leases and 2,549 renewal leases across its U.S. Malls and Premium Outlets portfolio [5] - The company's shares have decreased by 1.7% over the past three months, compared to a 3.6% decline in the industry [5] Market Comparisons - Other retail REITs with better rankings include Regency Centers and Tanger, Inc., both currently rated as Zacks Rank 2 (Buy) [7] - The Zacks Consensus Estimate for Regency's 2025 FFO per share is $4.54, indicating a year-over-year growth of 5.6% [7] - The Zacks Consensus Estimate for Tanger's 2025 FFO per share is $2.26, reflecting a 6.1% increase from the previous year [7]

Core Insights - Simon has opened Jakarta Premium Outlets in Indonesia, marking its first Premium Outlet in the country and the eighth globally [1][5] - The outlet spans over 302,000 square feet and features more than 150 global and local brands, including luxury and premium labels [2][3] - The center is strategically located in Tangerang, near Jakarta, with access to major highways and proximity to Soekarno-Hatta International Airport, enhancing customer convenience [4] Company Overview - Simon is a real estate investment trust focused on premier shopping, dining, entertainment, and mixed-use destinations [1] - Jakarta Premium Outlets is a subsidiary of Simon Genting Pte. Ltd., a joint venture with Genting Plantations Berhad [5] - The company operates successful luxury outlet shopping experiences globally, including locations in the United States, Japan, and Malaysia [6][7] Market Strategy - The opening aligns with Simon's international growth strategy, aiming to provide exceptional value to shoppers while embracing local culture [3] - The outlet is designed with architectural elements inspired by the Indonesian archipelago, featuring natural cooling and relaxation spaces [3] - The center serves the Greater Jakarta area, targeting a metro population of over 33 million [3][4]

Core Viewpoint - Simon Property Group (NYSE: SPG) has shown resilience against the general downturn in the REIT sector until recent declines attributed to increasing recession fears in the U.S. and stock market sensitivity to inflation risks from tariffs [1] Group 1: Company Performance - The REIT has experienced a dip in its stock price due to rising recession prospects and inflation concerns [1] - Simon Property Group is positioned to leverage long-term wealth creation through investments in undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1] Group 2: Market Context - The equity market is characterized by daily price fluctuations that can lead to significant wealth creation or destruction over time [1]

Core Points - Simon Property Group, a real estate investment trust, announced the retirement of Independent Director Mr. Allan B. Hubbard effective May 14, 2025, and he will not seek re-election [1] - Mr. Hubbard has been on the Board since 2009 and has significantly contributed to the company's growth and governance [2] - The Chairman and CEO, Mr. David Simon, expressed gratitude for Mr. Hubbard's leadership and confidence in the company's future [3] Company Overview - Simon Property Group is engaged in owning premier shopping, dining, entertainment, and mixed-use destinations, and is part of the S&P 100 [4] - The company's properties across North America, Europe, and Asia serve as community gathering places and generate billions in annual sales [4]

Company Overview - Simon Property Group has evolved over 31 years as a public company, originally focusing on Midwest shopping centers and now becoming a global leader in retail real estate [4] - The company operates five distinct retail distribution channels: malls, mills, outlets, international, and digital [4] Conference Highlights - The conference marks the 30th anniversary of the Citi Global Property CEO Conference, showcasing its ongoing significance in the industry [4] - Brian McDade, the CFO, introduced the company and emphasized its growth and evolution over the years [3][4]

Group 1 - SP Group initiated a share buy-back programme on 26 August 2024, with a maximum purchase amount of DKK 40.0 million, running until 10 April 2025 [1] - The share buy-back programme complies with the EU Commission Regulation No. 596/2014 regarding Market Abuse, which protects listed companies' boards against insider legislation violations [2]