Simon Property Group, Inc. (NYSE: SPG),
0 Comments Published by slang September 15th, 2007 in Others ReitsAlso known as SIMON, an S&P 500 company headquartered in Indianapolis, Indiana, is the largest public U.S. real estate company.Simon Property Group, Inc. operates as a real estate investment trust (REIT) engaged in the ownership, development and management of high-quality retail real estate.Simon is a fully integrated real estate company which operates from five major platforms – regional malls, Premium Outlet Centers®, The Mills®, community/lifestyle centers and international properties. Within these platforms, nearly all retail distribution channels are represented – from community centers to power centers to lifestyle centers to Premium Outlet Centers to value-oriented regional malls to mega-town centers and super-regional malls
Simon owns or has an interest in 322 properties in the
Financial Highlights For Two Years (USD’million)
|
2006 |
2005 |
% Change |
|
|
Consolidated Revenue |
3,332 |
3,167 |
5.2% |
|
Funds from Operation(FFO) |
1,537 |
1,411 |
8.9% |
|
Per Common Share |
|||
|
FFO(diluted) |
5.39 |
4.96 |
8.7 % |
|
Net Income (diluted) |
2.19 |
1.82 |
20.3 % |
|
Cash dividend |
3.04 |
2.80 |
8.6 % |
|
Common Stock @ 31/12 |
101.29 |
76.63 |
32.2 % |
|
Others: |
|||
|
Total Market Capitalization (US’million) |
45,780 |
40,153 |
|
|
Total properties in US |
286 |
256 |
|
|
US Gross Leasable Area ( ‘000) |
201,015 |
200,412 |
|
|
Total no of European Shopping Centres |
53 |
51 |
|
|
European Gross Leasable Area (‘000) |
12,215 |
11,078 |
|
|
Total no of Premium Outlet Centers |
6 |
6 |
|
|
|
1,679 |
1,537 |
|
|
Number of Employees |
4,300 |
4,700 |
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