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REIT Comments |
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02/03/2010
SPG $73
Simon Property Group SPG traded DOWN ($1.67) per share to close DOWN (2%) day
SPG outperformed Retail REITs, UP +56% for 2009
SPG traded DOWN (9%) year to date for 2010
SPG investors worried about sustainability of retail sales trends in light of variable unemployment reports
SPG a Retail REIT with a portfolio of regional malls and brand name outlet centers in US, Europe and Asia
SPG we rank 2 BUY
SPG market cap $25.3 billion
SPG an S&P 500 Index REIT
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