Simon Property Group Raises 2026 FFO Guidance to $13.30-$13.40
Photo: TokenPost
Simon Property Group raised its 2026 Real Estate funds from operations (FFO) guidance to $13.30 to $13.40 per share and is targeting a fourth-quarter close for its University Village acquisition. The company also reported higher domestic property net operating income (NOI) and FFO per share in the third quarter. Simon expects the acquisition to be modestly accretive next year and to add to net asset value on day one. It has not disclosed the purchase price. President Eli Simon said domestic property NOI grew 6.6% and Real Estate FFO per share rose 4.7% from a year earlier.
Source: TokenPost
