Simon Property Group
About: Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 229 properties: 134 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $739 in sales per square foot in 2024. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 11 countries.
Employees: 3,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
92% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 87
9% more funds holding in top 10
Funds holding in top 10: 22 [Q3] → 24 (+2) [Q4]
8% more capital invested
Capital invested by funds: $46.6B [Q3] → $50.3B (+$3.67B) [Q4]
4.8% more ownership
Funds ownership: 84.85% [Q3] → 89.65% (+4.8%) [Q4]
5% more funds holding
Funds holding: 1,111 [Q3] → 1,164 (+53) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 409 | Existing positions reduced: 409
13% less call options, than puts
Call options by funds: $296M | Put options by funds: $340M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stifel Simon Yarmak 34% 1-year accuracy 16 / 47 met price target | 10%upside $180 | Buy Maintained | 13 May 2025 |
Scotiabank Nicholas Yulico 38% 1-year accuracy 17 / 45 met price target | 2%downside $159 | Sector Perform Maintained | 23 Apr 2025 |
Financial journalist opinion
Based on 19 articles about SPG published over the past 30 days
