Simon Property Stock Up 16.9% in Three Months: Will the Trend Last?

Shares of Simon Property (SPG) have rallied 16.9% over the past three months, outperforming the industry's 7.1% growth. The retail real estate investment trust's (REIT) portfolio of premium retail assets in the United States and abroad, the adoption of omnichannel retailing, a focus on strategic acquisitions and mixed-use developments and solid balance sheet strength have enabled it to ride the growth curve so far. In early November, SPG reported third-quarter funds from operations (FFO) per share of $2.84, ...