Mixed - Use Development

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Is It the Right Time to Retain SPG Stock in Your Portfolio Now?
ZACKS· 2025-07-11 14:56
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 ...
FRT Buys Kansas Retail Centers, Aims at Portfolio Quality Enhancement
ZACKS· 2025-07-10 16:06
Key Takeaways FRT bought two Kansas retail centers for $289M amid strong local demographics. FRT sold LA's Hollywood Boulevard retail assets for $69M to unlock value. FRT starts Lot 12, a 258-unit Santana Row project to boost portfolio quality.Federal Realty (FRT) recently announced several transactions supporting its capital deployment strategy. The company has acquired two open-air retail centers in Kansas, sold a non-core asset in Los Angeles and commenced a new residential project at Santana Row. The ...
Simon Property Stock Gains 15.7% in Three Months: Will the Trend Last?
ZACKS· 2025-07-04 17:56
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]
TrumanAnnouncesNew Signed Agreements with Marriott International to Bring Three Iconic Brands to Calgary
Prnewswire· 2025-07-02 15:00
Marking Marriott's first luxury hotel and residential offerings in Calgary, W Calgary & JW Marriott Calgary, along with an Autograph Collection Hotel, are set to deliver a new standard of hospitality in the heart of the cityCALGARY, AB, July 2, 2025 /PRNewswire/ -- Truman and Marriott International, Inc. announced today plans to open three hotels in Calgary, including W Calgary, JW Marriott Calgary and an Autograph Collection Hotel on Stampede Park. These brands are poised to transform the hospitality lands ...
Is SPG Stock Still Worth Holding in the Current Climate?
ZACKS· 2025-06-05 16:56
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 ...