Previous close | 41.65 |
Open | 41.65 |
Bid | 37.40 |
Ask | 41.10 |
Strike | 110.00 |
Expiry date | 2024-07-19 |
Day's range | 41.65 - 41.65 |
Contract range | N/A |
Volume | |
Open interest | 1 |
In the ever-evolving landscape of retail real estate, Simon Property Group (SPG) announces reinvesting in Houston's iconic The Galleria.
Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, today announced its plans to further invest in Houston's The GalleriaTM with an interior and exterior revitalization. In addition, several renowned brands have invested in their Galleria boutiques with significant expansions and updates. To date, Simon has invested several hundred million dollars in the redevelopment of the iconic property. The Galleria is Houst
Retail real estate investment trusts (REITs) own, operate, or finance income-generating retail properties, including shopping centers, malls, strip malls, and other retail spaces, and generate revenue by leasing space to retail businesses. As is the case with all REITs, retail REITs are required to distribute a significant portion of their income to shareholders in the form of dividends, making them a popular choice for investors seeking income. If you're interested in buying a retail REIT with