Simon Property Group (NYSE:SPG) stock has performed well this year, rising 20% since January, supported by stable revenue and profit growth despite concerns about the retail sector amid elevated inflation and interest rates.
SPG has outperformed both the S&P 500 Index and the Vanguard Real Estate ETF (NYSE:VNQ), which has risen 12% over the same period.
Simon Property Group In Focus Ahead of Earnings SPG is the fourth-biggest company in the REIT industry in the United States.
It is a top operator of malls that house some of the top retailers in the US, like The Gap, Foot Locker, Signet Jewellers, and Tommy Hilfiger.
The company will be in the spotlight on Monday when it publishes its financial results, which will provide more color about its business.
