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The Mall Group
Trends
- 1Simon Property Q3 earnings preview: retail strength, debt costs in focus▼Simon Property Q3 earnings preview: Retail strength, debt costs in focus (SPG:NYSE)
Simon Property Group, the largest US mall owner, is set to report third-quarter earnings, with analysts focused on the strength of retail tenant sales and the impact of higher borrowing costs on the REIT's bottom line. Investors are watching occupancy rates, leasing momentum and how rising interest expenses weigh on results.
- 2
Simon Property Group, the largest US mall owner, is set to acquire a retail center in Seattle. Details on the property's identity and the transaction's value were not immediately disclosed in the report. The deal signals continued consolidation in US retail real estate as major landlords expand their portfolios.
- 3Simon Property Group to buy Seattle's University Village▼Simon Property Group to acquire Seattle's University Village retail center
Simon Property Group has agreed to acquire University Village, the open-air retail center in Seattle anchored around the University of Washington. The deal hands the Indianapolis-based mall operator a high-end outdoor shopping destination in the Pacific Northwest. Details on price and timing have not been widely reported yet, and the news is spreading mainly through financial and real estate channels.