TITLE

Simon Property Net Up in Quarter

AUTHOR(S)
Zaczkiewicz, Arthur
PUB. DATE
October 2005
SOURCE
WWD: Women's Wear Daily;10/28/2005, Vol. 190 Issue 92, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the rise in profits posted by Simon Property Group Inc. in the third quarter of 2005. The company reported a 0.4 percent gain in net income on a 26.7 percent increase in funds from operations during the period. The real estate investment trust's net income available to common stockholders came in at $74.4 million, which compares to $74.1 million last year. Diluted funds from operations in the quarter rose to $351.9 million from $277.7 million in the same period last year. Comparable sales per square foot and average rent per square foot in each portfolio segment experienced gains during the quarter.
ACCESSION #
18789576

 

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