Simon Property Group’s regional malls and outlet shopping centers had an occupancy of 91.8 percent at the end of the second quarter, an increase of 100 basis points compared to the first quarter, reported David Simon, chairman, CEO and president of Simon Property Group, in the REIT’s second-quarter earnings call.
“We continue to see demand for space across our portfolio from healthy local, regional and national tenants, entrepreneurs, restaurateurs and mixed-use demand … increasing day by day,” said Simon.
The company signed nearly 1,400 leases for approximately 5.2 million square feet and, through the first six months of 2021, Simon Property Group signed 2,500 leases for 9.5 million square feet.
When asked about concerns regarding the COVID-19 Delta variant and effects it could have on the growth of its portfolio, Simon shared hi
