Simon Property Group Inc. (SPG) News
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SPG News Highlights
- For SPG, its 30 day story count is now at 19.
- Over the past 30 days, the trend for SPG's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- The most mentioned tickers in articles about SPG are ALTO, APP and BAM.
Latest SPG News From Around the Web
Below are the latest news stories about SIMON PROPERTY GROUP INC that investors may wish to consider to help them evaluate SPG as an investment opportunity.
Leverage Is a Lead Weight On This High-Yielder's Recovery
The 7.2% dividend yield might attract dividend investors, but the balance sheet suggests other options might be better.
Simon (SPG) Boosts Northgate Station With New Residence Inn
Simon's (SPG) landmark venture represents the latest transformation in mixed-use development, marking the first hotel within the Northgate Station complex.
Simon's Northgate Station Breaks Ground on Residence Inn® by Marriott® as Next Phase of the Transformational Development
Simon®, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced construction has commenced on a new Residence Inn® by Marriott® at Northgate Station. The first hotel at Northgate Station is the latest transformation in this world-class, mixed-use development in the heart of the Northgate Station and will be an important amenity for the community.
Simon (SPG) Partners With The Webster to Revamp Luxury Shopping
Simon (SPG) collaborates with The Webster to introduce three new luxury boutiques. This strategic move promises to transform the luxury shopping landscape.
The Webster Set to Open Three New Locations by end of 2024 with Simon®
Luxury multi-branded retailer, The Webster, announced today that they will be expanding their physical store footprint with the opening of three new boutiques beginning in the fall of 2023. In collaboration with Simon®, the brand will open the new boutiques at The Shops at Riverside (New Jersey) in early October of 2023, Lenox Square (Atlanta) in late Summer 2024, and The Domain (Austin) in early Fall 2024. These new boutiques will build on an already successful collaboration between Simon and T
Simon® Expands Successful Digital Search Platform To The Mills® and Premium Outlets®
Simon® announced the expansion of its successful digital search platform, Simon Search™, to The Mills® and Premium Outlets®. Simon Search was launched in June 2022 and is now available at 187 Simon destinations, allowing shoppers to search their favorite Simon center for what they're looking for across 50+ brands at over 3,300 stores, conveniently accessible via the Simon website and app, as well as on-mall digital directories.
Beloved Discount Retailer Makes a Bold Bet on Malls
A fan favorite discount retailer is going after retail space, that most companies are shying away from at this time, malls. Simon Property Group's mall locations were impacted by the closing of some major retail department stores like Sears, who had been around for over 100 years. Simon properties has made use of its vacancies even with a study done two years ago showing that roughly one out of every four shopping malls would be closed within three to five years.
Why Is Simon Property's Dividend So High?
The Federal Reserve's spate of aggressive rate hikes has had all sorts of effects on the broader U.S. economy, including putting real estate investment trusts (REITs) in the discount bin. As a general rule, real estate investment trusts don't react well to rate hikes because they use a lot of debt to finance their operations and rising rates increase their borrowing costs. The market knows this and tends to sell off its holdings in REITs when rates start rising.
3 Dividend Stocks Yielding 4%+ That Are Screaming Buys Right Now
Crown Castle (NYSE: CCI), Brookfield Asset Management (NYSE: BAM), and Simon Property (NYSE: SPG) currently stand out to a few Fool.com contributors for their outsize yields. Marc Rapport (Crown Castle): If someone needs to get in touch with you right now and scream about a great stock buy, there's a decent chance that Crown Castle will be the subject of that message.
Simon (SPG) Partners With Five Below to Boost Sales & Traffic
Simon (SPG) declares a partnership expansion with a leading retailer of trendy products for teens and tweens to open more stores at its properties by 2023.