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Will Expansion Plans Help Simon Property Drive Mall Traffic?

Andrew Brunton
Will Expansion Plans Help Simon Property Drive Mall Traffic?

Simon Property Group (SPG) has been putting a lot of focus on the redevelopment and expansion of its properties. Over the last five years, the company has spent ~$5 billion on development projects. Under this plan, the company has been targeting the addition of luxury stores, hotels, and restaurants, as it believes these areas will not be affected by the rise of e-commerce.