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Home/News Feed/Simon Property Group boosts retailer sales 13.9% via live events and strong shopper traffic
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Simon Property Group boosts retailer sales 13.9% via live events and strong shopper traffic

Company Fundamentals
10 Aug 2026
PYMNTS
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Bullish
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Simon Property Group reported a 13.9% increase in retailer sales per square foot, driven by higher shopper traffic and live events like National Outlet Shopping Day and soccer fan experiences. Occupancy remained steady at 96%, and base rent rose 6.3%, reflecting strong demand at its U.S. malls and premium outlets. These events, designed to create unique in-person experiences, helped position Simon's properties as top shopping destinations, supporting continued growth and tenant interest.

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Simon Property Group raises 2026 earnings forecast after strong Q2 results with 7.9% FFO growth.

Simon Property Group raises 2026 earnings forecast after strong Q2 results with 7.9% FFO growth.

Simon Property Group reported strong financial results for Q2 2026, with Real Estate Funds From Operations (FFO) per share rising 7.9% year-over-year, driven by robust leasing demand, increased shopper traffic, and acquisitions. Net income was $483.1...

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