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WPG - Simon Property Group Is Firing On All Cylinders
Washington Prime Group Inc.
Simon Property Group (SPG) is a global leader in premier shopping, dining, entertainment and mixed-use destinations. SPG is an S&P 100 company and one of the largest REITs in the world, with an equity market capitalization of ~$50bn. In comparison, all other US-listed mall REITs have an equity market capitalization below $5bn. In December 2018, SPG celebrated 25 years as a public company. Since IPO, annual FFO generation has increased by more than 25 times, more than $28bn has been paid out as dividends, and shareholders have enjoyed a total return of more