Morningstar

Morningstar, Inc.

Equity Bottom-Up

Fundamental results for Simon Property Group came in ahead of our expectations for the first quarter. However, we don't anticipate any material changes to our $195 fair value estimate as nothing the company reported impacts our long-term outlook. Retail sales grew a solid 3.1%, a figure below the strong growth seen in 2018 but above any other quarter the company has reported since 2013. Occupancy increased 50 basis points year over year to 95.1% and was well ahead of our 94.2% assumption…

United States

Simon Property Group, Inc. is a self-administered and self-managed, real estate investment trust. The Company owns, develops, and manages retail real estate properties including regional malls, outlet centers, community/lifestyle centers, and international properties.

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52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Dividend (Yield)	0.00