Simon Property Group, Inc. is the largest publicly traded retail real estate company in North America. Its core business is the ownership of regional shopping malls.
Investment Highlights:
Simon has a diversified portfolio of high quality retail real estate.
Simon is an S&P 500 Company and generated a total return to shareholders
of 43% in 2003.
Simon has a stable and growing revenue stream. Simon has significant
financial flexibility combined with the strongest balance sheet in the
regional mall sector.
Simon pays a predictable dividend of $2.60 annually.
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Q4 2012 Simon Property Group, Inc. Earnings Conference Call