(SPG) Simon Property - Ratings and Ratios

Simon Property Group, Inc. (NYSE:SPG) is a leading self-administered and self-managed real estate investment trust (REIT) specializing in retail and mixed-use properties. As one of the largest shopping mall REITs in the U.S., the company operates through its majority-owned subsidiary, Simon Property Group, L.P. (the Operating Partnership), which holds all of its real estate assets. The companys portfolio includes high-end shopping malls, Premium Outlets, The Mills, and international properties, emphasizing experiential retail and entertainment destinations. As of December 31, 2024, Simon owned or held an interest in 229 properties spanning 183 million square feet across North America, Asia, and Europe. This includes an 88% stake in The Taubman Realty Group, which operates 22 regional and outlet malls in the U.S. and Asia, and a 22.4% ownership in Klepierre, a European real estate company with shopping centers in 14 countries. Simons strategy focuses on acquiring, developing, and redeveloping high-quality retail assets to drive long-term growth and shareholder value. Web URL: https://www.simon.com