Simon Prop Grp Stock Price, News & Analysis

Simon (NYSE: SPG) announced on November 18, 2025 that it has acquired Phillips Place in SouthPark, Charlotte, North Carolina. Phillips Place is an open-air retail center spanning 134,000 square feet and houses more than 25 retail shops and restaurants, including alice+olivia, Peter Millar, rag & bone, Ralph Lauren, Veronica Beard, RH Gallery with a Rooftop Restaurant, and The Palm.

The property is part of a mixed-use destination that includes a 180+ room hotel owned by Simon and a multi-family residential component. Simon said it will maintain the center’s shopping experience and pursue ongoing investments, new offerings, and merchandising to elevate the property over time.

Simon (NYSE:SPG), Leap and Shopify announced a collaboration enabling Bombas to open its third retail store in Austin on Nov 17, 2025, following recent openings in South Florida and New York City.

Leap provides a Retail-as-a-Service platform that integrates with Shopify and places brands in Simon premium locations, offering turnkey store design, staffing, unified technology, and reduced CapEx and lease risk. Pilots succeeded and the program is slated to expand to additional merchants and premium locations throughout 2026.

Simon (NYSE:SPG) on Nov 12, 2025 launched Simon+™, a new omnichannel loyalty program that rewards members with cash back, points and perks for shopping at Simon malls, Premium Outlets, ShopSimon.com and the ShopSimon app.

Key features include an always-on dashboard to discover offers, upload receipts, link payment cards, earn points for in-store and online purchases, and redeem points for retailer rewards or ShopSimon.com credit. More than 500 retailers are already participating. Simon+ replaces Mall Insider, VIP Shopper Club and ShopSimon Rewards and leverages Simon's scale: 200+ destinations, 150+ million website visits, and billions of annual shopper visits.

Simon (NYSE:SPG) announced on Nov 4, 2025 plans to develop Sagefield, a 100-acre mixed-use luxury lifestyle destination in Williamson County, south Nashville. The center will combine boutique retail, creative farm-to-table dining, entertainment, health and wellness concepts, and outdoor spaces.

The development will include a signature luxury hotel and restaurants in collaboration with restaurateur and hotelier Sam Fox (Author & Edit Hospitality) and partner Adventurous Journeys Capital Partners. Design highlights include pedestrian-focused planning and approximately 60% green space.

Simon (NYSE: SPG) reported third-quarter 2025 results and raised full-year Real Estate FFO guidance. For Q3, Real Estate FFO was $1.215 billion, or $3.22 per diluted share, a 5.6% increase year-over-year; FFO was $1.228 billion, or $3.25 per diluted share. Domestic property NOI rose 5.1% and portfolio NOI rose 5.2% versus prior year. The board declared a quarterly dividend of $2.20 (up 4.8% YoY), payable Dec 31, 2025. Simon completed acquisition of the remaining 12% interest in Taubman Realty Group in exchange for 5.06 million limited partnership units. Liquidity stood at approximately $9.5 billion.

Simon (NYSE:SPG) closed the acquisition of the remaining 12% interest in The Taubman Realty Group limited partnership on Nov 3, 2025 in exchange for 5.06 million limited partnership units in Simon Property Group L.P.

Management said the transaction will be accretive, gives Simon full ownership of TRG, and is intended to unlock operational synergies, increase net operating income and support long‑term returns for shareholders. The release also lists standard forward‑looking risks affecting retail real estate and operations.

Simon (NYSE:SPG) announced on October 15, 2025 that Stanley Shashoua has been promoted to President of International Real Estate. In this role, he will oversee Simon's international real estate portfolio, including 26 International Premium Outlets, the company's ownership stake in Klépierre, and McArthurGlen Investments. Mr. Shashoua has served as a Supervisory Board member of Klépierre since 2015 and will continue to oversee Simon's special corporate investments. Company leadership framed the promotion as recognition of his role advancing the international real estate strategy.

Simon (NYSE:SPG) announced its third quarter 2025 earnings release and call schedule. The company will release results for the quarter ended September 30, 2025 after market close on November 3, 2025. Simon will host a quarterly earnings conference call and audio webcast on November 3, 2025, from 5:00 p.m. to 6:00 p.m. ET. The live listen-only webcast will be available at investors.simon.com. Domestic dial-in is 1-877-423-9813; international dial-in is 1-201-689-8573; conference ID 13756323. An audio replay will be accessible from ~9:00 p.m. ET on November 3 until 11:00 p.m. ET on November 10, 2025, via 1-844-512-2921 (U.S.) or 1-412-317-6671 (international) using passcode 13756323. The call archive will remain on the investor site for ~90 days.

Humana (NYSE: HUM) is launching pickleball pop-up events at three Simon® mall locations in October 2025, demonstrating its commitment to promoting health and wellness among older adults. The events will take place at Woodfield Mall (Illinois) on October 18, Greenwood Park Mall (Indiana) on October 20, and Tyrone Square (Florida) on October 25.

The free public events will feature court play, professional clinics, and health resources. Participants can enjoy reserved and open play sessions, SilverSneakers® fitness activities, and access to recovery tools. The initiative follows Humana's third National Mall of Pickleball in Washington, D.C., and extends their collaboration with Simon® to promote active lifestyles among mall visitors.