Simon Property Group traded at $188.88 this Monday March 9th, decreasing $5.95 or 3.05 percent since the previous trading session. Looking back, over the last four weeks, Simon Property lost 3.78 percent. Over the last 12 months, its price rose by 14.27 percent. Looking ahead, we forecast Simon Property Group to be priced at 188.95 by the end of this quarter and at 172.34 in one year, according to Trading Economics global macro models projections and analysts expectations.
Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, and The Mills. Simon Property Group, L.P. (Operating Partnership), is the Company's partnership subsidiary that owns all of its real estate properties and other assets. Its properties across North America, Europe and Asia provide community gathering places for people every day. The Company’s development projects include Malaga Designer Outlet, Siam Premium Outlets Bangkok and West Midlands Designer Outlet.