Simon Property (SPG) Group Raised Its Outlook Again
On August 10, Simon Property Group (NYSE:SPG) reported results for the three months through June 30 and raised its full-year profit outlook once again. Real estate funds from operations (FFO), a cash-flow measure suited to landlords, hit $3.29 per share. Tenants are earning more from their stores, and management is confident enough to lift its […]
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