Here are two stocks that could have lots of upside potential.
News & Analysis: Simon Property Group
Simon Property Group's stock has been rising lately, but has it really turned the corner yet? Here's what you need to know.
A deal cut in better times causes buyer's remorse for one real estate investment trust and its shareholders.
Simon Property Group has agreed to go through with the purchase of an 80% stake in smaller rival Taubman in exchange for an 18% discount on the price per share.
The on-again, off-again deal is apparently a go once again.
Will these be the first in a wave of mall REIT troubles?
While key earnings metrics are still plunging on a year-over-year basis, cash rent collections have improved, driving positive cash flow for the largest retail REIT.
SPG earnings call for the period ending September 30, 2020.
America's two largest mall owners are on track to take control of the bankrupt department store giant's retail operations within weeks.
As the recovery in the movie theater industry stalls out, mall operators could be big losers.