Simon Property Group reports strong Q2 growth and raised guidance

Simon Property Group, the world’s largest retail property company, reported strong second-quarter 2026 results characterized by significant growth in revenue and operational cash flow. The company’s Funds from Operations (FFO) rose 7.9 percent year-over-year to 1.25 billion US dollars, while revenue increased by 19.5 percent to 1.79 billion US dollars. Following these results, the company raised its annual FFO guidance to a range between 13.20 and 13.30 US dollars per share.

CEO Eli Simon noted a robust pipeline of potential tenants, stating that the company is having “a ton of conversations with retailers.” Additionally, the company is actively managing its portfolio, including plans to convert 18 million US dollars in lost rent from former Saks locations into 44 million US dollars in future rental income.

In the same sector, Federal Realty Investment Trust is also noted for its defensive dividend profile and stable cash flow. As of August 2026, Federal Realty maintains a market capitalization of approximately 10.21 billion US dollars, with analysts providing an ‘Outperform’ consensus rating and a mean price target of 132.65 US dollars.