![]() The share of existing mortgage debt associated with the additional interests acquired was approximately $2.0 billion. in 26 assets of The Mills Limited Partnership ("The Mills") for $1.5 billion, which included repayment of The Mills' senior loan facility and mezzanine loan, and the retirement of its trust preferred securities. March 22nd - Acquired the interests of joint venture partner Farallon Capital Management, L.L.C.Two additional SPG representatives, Steven Fivel and Francois Kayat, were also elected as members of Klepierre's Supervisory Board. David Simon was elected Chairman of Klepierre's nine member Supervisory Board. Klepierre's portfolio includes 271 shopping centers in 13 countries, with 50 percent of its properties in France and Belgium, 25 percent in Scandinavia, and the balance in Central and Southern Europe. Klepierre is a publicly-traded Paris-based real estate company that focuses on the ownership, management, and development of shopping centers, retail properties and offices across Continental Europe. March 14th - Acquired a 28.7% equity stake (54.4 million shares) in Klepierre from BNP Paribas for euro 28.00 per share, or a total transaction value of approximately $2.0 billion.The Company completed several transactions during the quarter: The Company also declared the quarterly dividend on its 8 3/8% Series J Cumulative Redeemable Preferred (NYSE:SPGPrJ) Stock of $1.046875 per share, payable on Jto stockholders of record on June 15, 2012. This dividend is payable on to stockholders of record on May 17, 2012. Today the Company announced that the Board of Directors declared a quarterly common stock dividend of $1.00 per share, an increase of 5.3% from the previous quarter and an increase of 25% from the year earlier period. (3) Rolling 12 month sales per square foot for mall stores less than 10,000 square feet in Malls and all owned square footage in Premium Outlets. (2) Represents mall stores in Malls and all owned square footage in Premium Outlets. LLC, now owned by Simon Property Group, L.P., and Premium Outlets acquired in the 2010 acquisition of Prime Outlets Acquisition Company. 2011 statistics have been restated to include Malls previously owned by SPG-FCM Ventures, This represents our third consecutive quarterly increase." We are also pleased to announce another increase in our quarterly dividend - to $1.00 per share from $0.95 last quarter and up 25% from $0.80 one year ago. Given our accomplishments this quarter and our current view for the remainder of 2012, today we are again increasing our 2012 guidance. Tenant sales increased 11.2% to $546 per square foot and occupancy was 60 basis points higher than one year ago. "Our portfolio of high quality assets continues to deliver strong results as demonstrated by comparable property net operating income growth of 5.7% for our Malls and Premium OutletsĀ®. ![]() "We are pleased to be the first real estate company included in the S&P 100 Index." "We are off to an excellent start in 2012 with the completion of two significant transactions, the execution of two international partnerships to build outlets in Brazil and China, the groundbreaking for four new outlet developments, the reporting of strong financial and operational results, and the raising of our dividend," said David Simon, Chairman and Chief Executive Officer. The increase on a per share basis was 13.0%. Funds from Operations ("FFO") was $648.7 million, or $1.82 per diluted share, as compared to $570.6 million, or $1.61 per diluted share, in the prior year period.The increase on a per share basis was 257.4%. Net income attributable to common stockholders was $645.4 million, or $2.18 per diluted share, as compared to $179.4 million, or $0.61 per diluted share, in the prior year period.(the "Company" or "Simon") (NYSE:SPG) today reported results for the quarter ended March 31, 2012. INDIANAPOLIS, Ap/PRNewswire via COMTEX/ -Simon Property Group, Inc.
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