Simon Property Group

The operating subsidiary of Simon Property Group is issuing $800 million of senior notes in two tranches: $400 million at 5.250% (maturity 2032) and $400 million at 5.650% (maturity 2036). The weighted average maturity is 7.7 years and the weighted average coupon is 5.450%. Closing is expected on September 16, 2026; net proceeds are to be used to (partially) repay an outstanding $750 million note (3.250%, 2026) and for general corporate purposes, including repayment of unsecured indebtedness. J.P. Morgan, Mizuho, PNC Capital Markets and Wells Fargo Securities are acting as joint book-running managers; the transaction is being conducted under the shelf prospectus filed with the SEC. » Mais em de.investing.com

Simon Property Group reported Q2 2026 revenue of $1.79 billion, about 11.9% above expectations, while earnings per share of $1.49 missed the consensus estimate of $1.61. Domestic operating NOI rose 8.5% and portfolio NOI was up 8.3% on a currency‑adjusted basis; occupancy remained high at 96%. Real estate FFO increased 7.9% to $1.25 billion and management raised the 2026 FFO guidance to $13.20–$13.30 per share. Higher interest expenses weighed on EPS, but management sees sustained demand, strong foot traffic and an active development and refinancing pipeline. » Mais em de.investing.com

Herb Simon filed a lawsuit alleging his nephew David Simon and family secretly restructured SFG to transfer assets into a new entity and eliminate long-standing preferred distribution rights. Plaintiffs say the reorganization, executed as Eli Simon assumed management, breached fiduciary duties and removed contractual preference payments without required consent. The suit seeks reversal of the transaction, restoration of SFG’s prior governance and punitive damages; SFG holds shares of Simon Property worth over $1.53 billion. » Mais em forbes.com

Shares of Simon Property Group rose to a record high of $231.6 and delivered a total return of 44% over the past year, most recently up 27% over six months. The company is issuing €500 million of unsecured bonds due 2031 with a 3.650% coupon, issued outside the U.S. and guaranteed. Several analysts adjusted valuations: Deutsche Bank and Wolfe Research raised targets/expectations but downgraded the stock (Buy→Hold and to peer perform, respectively), while Argus raised its target and kept a Buy rating. » Mais em de.investing.com

Shares of Simon Property Group rose to a 52-week high of $228.59 and the company has a market capitalization of $86.9 billion. The stock delivered a total return of 42.8% over the past year and currently trades above the fair value estimated by InvestingPro, while the dividend yield is around 4%. For Q1 2026, Simon reported EPS of $1.48 (expectation $1.46) and revenue of $1.76 billion (expectation $1.51 billion). In addition, subsidiary Simon Global Development B.V. agreed to sell €500 million of unsecured notes (maturing 2031); analyst reactions range from a downgrade by Wolfe Research to an increase in the price target by Argus. » Mais em de.investing.com