TCO - Simon Property Group: The Big Reopening

My core investment in the mall space has traditionally been through Simon Property Group (SPG). I am still very bullish over the long term and have a high degree of confidence that SPG will survive and, eventually, thrive. This is due to its strong balance sheet, high-quality properties (with increasing emphasis on mixed-use environments) and international diversification, among other things. That said, one has to be mindful of the challenges in customer-facing businesses over the next few quarters. In my previous article on SPG, dated March 13, 2020, I had mentioned the following:

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