SPG Stock Forecast: Real Estate Giants Recovering now

Yuxiao YangThis SPG Stock Forecast article was written by Yuxiao Yang – Financial Analyst at I Know First.

Summary:

  • Simon Property Group’s 2021 Q2 net sales have been returned back to pre-pandemic levels, it increased 18.9% compared with 2020 Q2.
  • We can expect that net sales of Simon Property Group will continue to rise with the golden period of the holiday season this year.
  • Simon redeem $1.65 billion of senior notes this year to reduce debt.
  • Simon has been actively expanding its overseas business territory and building renovation and expansion projects this year.
  • SPG stock has grown by 87.99% since September 18th, 2020.

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