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SPG
StockSimon Property Group Inc
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Description
Simon Property Group Inc. is a real‑estate investment trust that owns, develops, and manages a portfolio of premier shopping malls, premium outlet centers, mixed‑use and entertainment destinations, primarily in the United States with additional properties in Europe and Asia. The company generates revenue by leasing retail, dining and entertainment space to tenants, collecting percentage‑of‑sales rents, and providing ancillary services such as marketing, advertising and out‑parcel leasing. It operates in the retail REIT segment of the broader real‑estate sector and is recognized as the largest mall owner in the U.S., a component of the S&P 100, and a leading provider of high‑traffic consumer destinations for national and international retailers.
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