Simon Property Group Inc - Company Profile
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Simon Property Group Inc (Simon Property) is a real estate investment trust (REIT). Tenant base, operating performance and property portfolio are the group’s key strengths, even as its increase in operating expenses remains cause of concern. Growth in accommodation sector in the US, strategic acquisitions, and growth initiatives could provide new opportunities for the group. However, increasing manpower costs in the US, inability to collect rent from tenants, and intense competition could affect Simon’s performance.
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