- Language: English
- 1091 Pages
- Published: October 2012
- Region: Global
Simon Property Group Inc. Aug 11
- Published: August 2011
- Standard & Poors
Large and high quality retail portfolio with strong asset, tenant, and geographic diversity; Stable cash flow with moderate same-store NOI growth expectations; Lower leverage and stronger debt protection measures; and Strong liquidity, including very good access to capital. Slow and choppy economic recovery could sideline tenants and consumers; Sizeable off-balance sheet investments; and Meaningful debt maturities (including joint venture share). Simon Property Group Inc.'s (Simon) rating reflects a strong business risk profile and intermediate financial risk profile. The strong business risk profile reflects the company's position as one of the largest and best positioned owners of regional malls and factory outlets. Performance of its diversified retail portfolio has strengthened since our last review. We expect the company's retail portfolio to...
Companies mentioned in this report are: Simon Property Group, Inc,Chelsea Property Group Inc. ,CPG Partners L.P.,Simon Property Group, L.P.,SPG Properties Inc.,Retail Property Trust (The)
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Simon Property Group, Inc,Chelsea Property Group Inc. ,CPG Partners L.P.,Simon Property Group, L.P.,SPG Properties Inc.,Retail Property Trust (The)