Might help if you read the story. It might be relevant if Simon had grocery or drug store anchored community strip centers. Gues what - they don't.
Here's the part of the story that relates to SPG
"Regional malls, where department stores typically book-end smaller specialty stores, had a vacancy rate of 8.3 percent in the second quarter, flat compared with the prior period.
Top-tier malls in affluent areas are driving improvements in vacancy rates and asking rents as smaller shopping centers continue to suffer from weakness in the economy, Severino said. The top nine markets ranked by lowest vacancy rate are in California or the New York area suburbs, a trend that aligns with "Class A" malls outperforming inferior malls, he said.
"There's a pretty big rift in the high-end centers that cater to the affluent and the other centers that cater to everyone else," said Severino. "The wealthy are not immune to the economy, but they're definitely more insulated."
Real-estate companies that own malls and shopping centers in denser metropolitan areas and wealthier suburbs include Simon Property Group Inc, General Growth Properties Inc, Taubman Centers Inc, Kimco Realty Corp and Equity One Inc."