Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Their properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
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Simon also owns 5 of the top largest malls in the US.
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On Friday SPG reported earnings that were short of analysts expectations. The SPG reported revenue of $1.46 billion in the period vs. expectations of $1.5 billion.
For 2018, the company reported funds from operations of $4.32 billion, or $12.13 per
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