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Simon Property Group (WBO:SPGR) Accounts Payable & Accrued Expense for Financial Companies


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What is Simon Property Group Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Simon Property Group (WBO:SPGR) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Simon Property Group Inc (WBO:SPGR) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.