Simon Prop Grp Stock Price, News & Analysis

Simon (NYSE:SPG), a premier retail REIT, announced its upcoming presentation at the BofA Securities 2025 Global Real Estate Conference. The presentation is scheduled for Tuesday, September 9, 2025, at 12:45 p.m. Eastern Time.

Investors can access the live audio webcast through the Investors section at investors.simon.com, where a replay will also be available after the presentation.

Simon (NYSE:SPG) has partnered with Humana to launch the Humana Walking Club initiative across 21 Simon shopping centers nationwide. The program, running from August through December 2025, aims to promote healthier lifestyles and community engagement through organized mall walks and challenges before mall opening hours.

The initiative includes Humana-branded informational kiosks and customized media assets throughout participating properties. Simon Media & Experiences will leverage its omnichannel marketing capabilities to provide Humana with consumer insights and trends throughout the program. The partnership specifically targets older adults and offers free participation in monthly events.

Simon Property Group (NYSE:SPG) has announced the sale of $1.5 billion in senior notes through its operating partnership subsidiary. The offering consists of $700 million in 4.375% Notes due 2030 and $800 million in 5.125% Notes due 2035.

The notes have a weighted average term of 7.8 years and a weighted average coupon rate of 4.775%. The proceeds will primarily be used to repay the $1.1 billion of 3.500% notes due September 2025, with remaining funds allocated for general corporate purposes. The offering is expected to close on August 19, 2025.

Simon (NYSE:SPG), a premier retail REIT, has announced significant executive leadership changes. Eli Simon has been promoted to Chief Operating Officer from his previous role as Executive VP and Chief Investment Officer. He will work directly with CEO David Simon on property performance, development projects, strategic investments, and brand strategy.

Additionally, Jonathan Murphy and Eric Sadi have been appointed as Co-Presidents of North American Real Estate, overseeing Simon's mall, mills, and premium outlets platforms. Both executives, who joined the company in 2010 and 2006 respectively, will be responsible for asset management and leasing strategies across the North American portfolio.

Simon (NYSE:SPG), a premier retail REIT, reported strong Q2 2025 results with notable improvements across key metrics. Net income reached $556.1 million ($1.70 per share), up from $493.5 million in 2024. Real Estate FFO increased to $3.05 per diluted share, a 4.1% improvement year-over-year.

The company demonstrated robust operational performance with domestic property NOI growing 4.2% and portfolio NOI up 4.7%. Occupancy improved to 96.0%, while base minimum rent increased to $58.70 per square foot. Following these results, Simon raised its quarterly dividend by 4.9% to $2.15 and increased its 2025 Real Estate FFO guidance to $12.45-$12.65 per diluted share.

Notable developments include the acquisition of Brickell City Centre's retail and parking facilities in Miami, making Simon the sole owner. The company maintains strong liquidity of $9.2 billion, including $1.8 billion in cash.

Simon (NYSE:SPG), a premier retail REIT, has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results on August 4, 2025 after market close.

The earnings conference call and audio webcast will take place on August 4, 2025, from 5:00 PM to 6:00 PM EDT. Investors can access the live webcast at investors.simon.com or join via phone using specific dial-in numbers for U.S. and international participants. An audio replay will be available from August 4 until August 11, 2025, and the webcast will be archived on the company's website for approximately 90 days.

Simon (NYSE:SPG) has announced the acquisition of Swire Properties' interest in the retail and parking components of Brickell City Centre in Miami. The premier open-air shopping center spans 500,000 square feet within a larger 5-million-square-foot mixed-use development.

The center features over 90 retail stores and 15+ dining and entertainment venues, anchored by Saks Fifth Avenue. Previously holding a 25% non-managing interest, Simon will now fully own and manage the property, which is distinguished by its innovative Climate Ribbon™ canopy system.

Simon (SPG) has expanded its National Outlet Shopping Day™ from two to four days, running June 12-15, 2025. The annual shopping event, now in its fourth year, will feature approximately 6,200 offers from nearly 500 retailers across more than 90 Simon Premium Outlets® and The Mills® locations globally. Shoppers can expect exclusive deals on top of regular outlet discounts of up to 65% off. The event will include special experiences like build-your-own succulent arrangements and jewelry customization, along with giveaways such as free tote bags at select locations. This expansion represents the longest duration for the event since its 2022 inception, demonstrating Simon's commitment to enhancing the outlet shopping experience.

Simon reported strong Q1 2025 results with net income of $413.7 million ($1.27 per share), compared to $731.7 million ($2.25 per share) in 2024. Real Estate FFO reached $1.113 billion ($2.95 per share), up from $1.090 billion ($2.91 per share) last year. The company showed solid operational performance with domestic property NOI increasing 3.4% and portfolio NOI up 3.6%. U.S. Malls and Premium Outlets achieved 95.9% occupancy, with base minimum rent increasing 2.4% to $58.92 per square foot. Simon expanded internationally by acquiring The Mall Luxury Outlets in Italy and opening Jakarta Premium Outlets in Indonesia. The company increased its quarterly dividend by 5% to $2.10 per share and reaffirmed its 2025 Real Estate FFO guidance of $12.40 to $12.65 per diluted share.