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Expansion, Development Initiatives to Drive SPG’s Income

Andrew Brunton
Expansion, Development Initiatives to Drive SPG’s Income

Analysts expect Simon Property Group (SPG) to report net operating income (or NOI) of $1.07 billion in the second quarter, signifying a 6.2% increase YoY (year-over-year). Similarly, they’re expecting its NOI margin to come in at 76%, depicting a ~200-basis-point YoY expansion.