Indianapolis, Indiana-based Simon Property Group, Inc. (SPG) is a self-administered and self-managed real estate investment trust (REIT). Valued at $60.8 billion by market cap, the company owns, develops, and manages retail real estate properties, including regional malls, outlet centers, community/lifestyle centers, and international properties.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and SPG perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the REIT - retail industry. SPG boasts a robust portfolio of 230 properties, with strategic investments, like its Klepierre stake and international joint ventures, positioning it for global growth and diversified revenue streams.
