Business
Simon® Reports Fourth Quarter and Full Year 2025 Results
Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter and twelve months ended December 31, 2025.
About this update from Simon Property Group, Inc.
[{"type":"text","content":"INDIANAPOLIS, Feb. 2, 2026 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today reported results for the quarter and twelve months ended December 31, 2025.","length":259,"tagName":"p"},{"type":"image","alt":"Simon (PRNewsfoto/Simon)","displaySize":"","headline":null,"caption":"Simon (PRNewsfoto/Simon)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":231,"url":"https://media.zenfs.com/en/prnewswire.com/b4ce8a79de68a4a2cafe38768e84baf2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/d1eTpYBnu6sbOdApO2pgig--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQwNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b4ce8a79de68a4a2cafe38768e84baf2","width":400,"height":231}},"href":"https://mma.prnewswire.com/media/178536/simon_logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""I am very pleased with our fourth-quarter results, which caps another impressive year of performance for our Company," said David Simon, Chairman, Chief Executive Officer and President. "In 2025, we generated record Real Estate Funds From Operations of $4.8 billion and returned a remarkable $3.5 billion to our shareholders. We executed over 17 million square feet of leases, opened a new Premium Outlet in Indonesia, completed 23 significant redevelopment projects, and acquired $2 billion of high-quality retail properties. We remain focused on disciplined, value-creating investment activity and operational excellence that will drive sustainable growth in cash flow, FFO, and dividends per share."","length":723,"tagName":"p"},{"type":"text","content":"Results for the Quarter","length":23,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income attributable to common stockholders was $3.048 billion, or $9.35 per diluted share, as compared to $667.2 million, or $2.04 per diluted share in 2024.","length":161,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net income for the fourth quarter of 2025 includes a non-cash gain of $2.89 billion primarily related to our acquisition of the remaining interest in Taubman Realty Group, resulting from the remeasurement of our previously held equity interest to fair value.","length":258,"tagName":"p"}]}],"ta...