Every material Form 8-K Simon Property has filed with the SEC since September 19, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Simon Property Group reported third-quarter 2026 net income attributable to common stockholders of $499.0 million, or $1.54 per diluted share, alongside Real Estate FFO of $1.277 billion, or $3.37 per diluted share. Driven by higher occupancy, rent increases, and accelerated shopper traffic growth, the company raised its full-year 2026 Real Estate FFO per share guidance and increased its quarterly common stock dividend to $2.30 per share.
Net income for the quarter ended September 30, 2026, was $499.0 million, or $1.54 per diluted share.
Real Estate FFO rose 4.7% to $1.277 billion, or $3.37 per diluted share.
Full-year 2026 Real Estate FFO guidance was increased to $13.30 to $13.40 per diluted share.
The quarterly common stock dividend was raised by $0.10, or 4.5%, to $2.30 per share, payable on December 31, 2026.
Simon reported second-quarter 2026 results on August 10, 2026, with Real Estate FFO of $1.249 billion, or $3.29 per diluted share, up 7.9% from a year earlier. GAAP net income attributable to common stockholders fell to $483.1 million, or $1.49 per diluted share, from $556.1 million, or $1.70, a year earlier, and the prior-year figure included a $0.21 per share gain. The company raised its full-year 2026 Real Estate FFO per share guidance to $13.20 to $13.30 from $13.10 to $13.25.
Real Estate FFO was $1.249 billion, or $3.29 per diluted share, versus $1.154 billion, or $3.05, in the second quarter of 2025.
GAAP net income attributable to common stockholders was $483.1 million, or $1.49 per diluted share, versus $556.1 million, or $1.70, a year earlier.
Full-year 2026 Real Estate FFO per share guidance was raised to $13.20 to $13.30, from $13.10 to $13.25 previously.
Simon declared a third-quarter 2026 common dividend of $2.25 per share, up $0.10 or 4.7% year over year, payable September 30, 2026.
Simon reported first-quarter 2026 net income attributable to common stockholders of $479.6 million, or $1.48 per diluted share, up from $413.7 million, or $1.27, a year earlier. The company raised its full-year 2026 Real Estate FFO per diluted share guidance to $13.10 to $13.25 and increased its quarterly common dividend to $2.25, which is $0.15 higher than the prior year.
Q1 2026 Real Estate FFO was $1.208 billion, or $3.17 per diluted share, up 7.5% from $2.95 a year earlier
2026 Real Estate FFO per diluted share guidance is $13.10 to $13.25, up from $13.00 to $13.25 provided on February 2, 2026
Quarterly common dividend of $2.25 is payable June 30, 2026 to holders of record on June 9, 2026
During Q1 2026 the company repurchased 965,296 shares of common stock for approximately $175 million
Simon Property Group announced the death of David Simon, its Chairman, CEO and President, who died March 22, 2026 at age 64. The board appointed his son Eli Simon, age 38, as CEO and President effective March 23, 2026, while he continues as Chief Operating Officer and director, and named Larry Glasscock Non-Executive Chairman.
David Simon died March 22, 2026, at age 64, per the press release.
Eli Simon, age 38, appointed CEO and President effective March 23, 2026; no compensation changes approved yet.
Larry Glasscock appointed Non-Executive Chairman; he continues as a director and on the Audit and Governance and Nominating Committees.
The Class B director seat vacated by David Simon has not yet been filled by the Voting Trust trustee.
Simon Property Group, L.P. amended and extended its $5.0 billion senior unsecured revolving credit facility on March 5, 2026, pushing the initial maturity to June 30, 2030 and allowing the capacity to rise to $6.0 billion. The company also amended its $3.5 billion supplemental revolving facility to align its margin with the new pricing, which matters to shareholders because it sets the borrowing terms and liquidity available to the operating partnership for general corporate purposes.
Credit facility capacity: $5.0 billion, expandable to $6.0 billion during its term
Initial maturity extended to June 30, 2030, with two additional six-month extension options at the company's option
Interest margin tied to corporate credit rating: 0.625% to 1.350% over benchmark rates; facility fee 0.100% to 0.300%
Supplemental facility of $3.5 billion amended on March 5, 2026 to conform margin to the new pricing
Simon Property Group's board appointed Martin J. Cicco as a director effective February 5, 2026, to serve the balance of a term expiring at the 2026 annual meeting, and increased the board from 13 to 14 members. The board has determined Cicco is independent under NYSE rules, and his committee assignments have not yet been set. The change adds a director with more than 45 years of real estate and capital markets experience to the board.
Martin J. Cicco appointed to the board effective February 5, 2026, for the balance of a term expiring at the 2026 annual meeting
Board size increased from 13 to 14 members
Board determined Cicco is independent under NYSE requirements; committee appointments not yet determined
Cicco will receive non-employee director compensation under the arrangements in the April 1, 2025 proxy statement
Simon Property Group reported fourth-quarter 2025 results on February 2, 2026. Real Estate FFO rose 4.2% to $1.328 billion, or $3.49 per diluted share, while net income attributable to common stockholders was $3.048 billion, or $9.35 per diluted share, mainly because of a non-cash gain of $2.89 billion tied to its Taubman Realty Group acquisition. The company also estimated 2026 Real Estate FFO of $13.00 to $13.25 per diluted share and declared a quarterly dividend of $2.20, up $0.10 from a year earlier.
Real Estate FFO was $1.328 billion, or $3.49 per diluted share, versus $1.261 billion, or $3.35, a year earlier.
Reported FFO fell to $1.242 billion, or $3.27 per diluted share, from $1.389 billion, or $3.68, including a one-time after-tax loss of $120.7 million tied mainly to Catalyst Brands restructuring costs.
Net income attributable to common stockholders was $3.048 billion, or $9.35 per diluted share, including a $2.89 billion non-cash gain.
2026 guidance: Real Estate FFO of $13.00 to $13.25 per diluted share; quarterly dividend of $2.20 payable March 31, 2026.
Simon Property Group reported third-quarter 2025 results on November 3, 2025, with net income attributable to common stockholders of $606.2 million, or $1.86 per diluted share, up from $1.46 a year earlier. Real Estate FFO rose 5.6% to $3.22 per diluted share, and the company raised its full-year 2025 Real Estate FFO per share outlook to $12.60 to $12.70. The company also raised its quarterly dividend 4.8% to $2.20 per share and closed its acquisition of the remaining 12% interest in The Taubman Realty Group on October 31, 2025.
Q3 2025 net income attributable to common stockholders was $606.2 million, or $1.86 per diluted share, versus $475.2 million, or $1.46, in Q3 2024.
Q3 2025 Real Estate FFO was $1.215 billion, or $3.22 per diluted share, up 5.6% from $3.05 a year earlier.
2025 Real Estate FFO guidance was increased to $12.60 to $12.70 per diluted share.
Quarterly common dividend raised 4.8% to $2.20 per share, payable December 31, 2025 to holders of record on December 10, 2025.
Simon Property Group appointed Eli Simon, its Executive Vice President and Chief Investment Officer and a director, as Chief Operating Officer effective August 6, 2025. He will work with Chairman and CEO David Simon on property performance, development, strategic investments and brand strategy, and he will receive an annual base salary of $800,000. Eli Simon is David Simon's son, which the filing discloses under related-person transaction rules.
Eli Simon appointed Chief Operating Officer effective August 6, 2025; he is also a director
Annual base salary of $800,000 in connection with the promotion
Eli Simon is the son of Chairman, CEO and President David Simon
Press release dated August 7, 2025 also named Jonathan Murphy and Eric Sadi Co-Presidents, North American Real Estate
Simon Property Group reported second-quarter 2025 Real Estate FFO of $1.154 billion, or $3.05 per diluted share, up 4.1% from the prior year, and raised its full-year 2025 Real Estate FFO per share guidance to $12.45 to $12.65. Net income attributable to common stockholders for the first six months fell to $969.8 million from $1.225 billion, a period that included a large 2024 gain on equity interests.
Q2 2025 net income attributable to common stockholders was $556.1 million, or $1.70 per diluted share, versus $493.5 million, or $1.51, a year earlier.
Full-year 2025 Real Estate FFO per diluted share guidance raised to $12.45 to $12.65 from the prior outlook.
Board declared a third-quarter common dividend of $2.15 per share, up $0.10 or 4.9% year over year, payable September 30, 2025.
Six-month net income attributable to common stockholders was $969.8 million, or $2.97 per diluted share, compared with $1.225 billion, or $3.76, in 2024.
Simon Property Group reported first-quarter 2025 net income attributable to common stockholders of $413.7 million, or $1.27 per diluted share, down from $731.7 million, or $2.25 per diluted share, a year earlier. Real Estate FFO rose to $1.113 billion, or $2.95 per diluted share, from $2.91, and the company reaffirmed its full-year 2025 Real Estate FFO guidance of $12.40 to $12.65 per diluted share. The lower net income reflects a $54.8 million loss tied to Klépierre exchangeable bonds and a prior-year gain from the sale of its Authentic Brands Group stake.
Net income attributable to common stockholders: $413.7 million ($1.27 per diluted share) versus $731.7 million ($2.25) in the first quarter of 2024.
Real Estate FFO: $1.113 billion ($2.95 per diluted share) versus $1.090 billion ($2.91), a 1.4% increase per share.
Total revenue: $1.473 billion versus $1.443 billion a year earlier.
Full-year 2025 Real Estate FFO guidance reaffirmed at $12.40 to $12.65 per diluted share; quarterly common dividend declared at $2.10, up 5.0% year over year, payable June 30, 2025.
Simon Property Group director Allan B. Hubbard notified the company on March 20, 2025 that he is retiring from the Board effective May 14, 2025, and will not stand for re-election at the 2025 annual meeting. The filing states his retirement is not due to a disagreement with the company on operations, policies or practices. The change is an administrative board transition with no financial figures disclosed.
Retirement effective May 14, 2025, the same date as the 2025 annual meeting of shareholders
Hubbard joined the Board in 2009 and served on the Compensation and Human Capital Committee and the Governance and Nominating Committee
Retirement is not due to any disagreement with the company on operations, policies or practices
Simon Property Group disclosed that Herbert Simon, a co-founder, Chairman Emeritus and director, retired from its Board of Directors effective February 4, 2025, at age 90. The company said the retirement was not due to any disagreement on its operations, policies or practices, and David Simon, Chairman and CEO, thanked him for his contributions.
Herbert Simon, age 90, retired from the Board and his Chairman Emeritus role effective February 4, 2025
The company said the retirement was not due to a disagreement on operations, policies or practices
David Simon, Chairman, CEO and President, credited Herbert Simon's knowledge and experience as a co-founder
Simon reported fourth-quarter 2024 results. Net income attributable to common stockholders fell to $667.2 million, or $2.04 per diluted share, from $747.5 million, or $2.29, a year earlier, and the quarter included a $75.3 million after-tax gain from the JCPenney and SPARC Group combination. Total revenue rose to $1,582.2 million from $1,527.4 million, and Real Estate FFO per diluted share rose 3.7% to $3.35. The company also gave 2025 guidance of $6.95 to $7.20 per diluted share for net income and $12.40 to $12.65 per diluted share for Real Estate FFO and FFO.
Q4 2024 net income attributable to common stockholders was $667.2 million, or $2.04 per diluted share, versus $747.5 million, or $2.29, in Q4 2023.
Q4 2024 total revenue was $1,582.2 million, up from $1,527.4 million; Real Estate FFO was $1.261 billion, or $3.35 per diluted share, up 3.7%.
2025 guidance: net income of $6.95 to $7.20 per diluted share; Real Estate FFO and FFO of $12.40 to $12.65 per diluted share.
Board declared a Q1 2025 common dividend of $2.10 per share, up 7.7% year-over-year, payable March 31, 2025.
Simon Property Group reported third-quarter 2024 net income attributable to common stockholders of $475.2 million, or $1.46 per diluted share, down from $594.1 million, or $1.82, a year earlier. Real Estate FFO rose 4.8% to $1.144 billion, and the company affirmed its full-year 2024 guidance and raised its quarterly dividend to $2.10 per share.
Q3 net income was $475.2 million, or $1.46 per diluted share, versus $1.82 in Q3 2023. The current period includes a $0.13 per diluted share non-cash loss tied to Klépierre exchangeable bonds.
Real Estate FFO was $1.144 billion, or $3.05 per diluted share, versus $2.91 a year earlier. Reported FFO was $2.84 per diluted share, versus $3.20.
Quarterly dividend raised to $2.10 per share, up $0.20 or 10.5% year-over-year, payable December 30, 2024 to holders of record on December 9, 2024.
2024 guidance affirmed: FFO of $12.80 to $12.90 per diluted share, excluding $0.14 of unrealized losses; net income of $7.18 to $7.28 per diluted share.
Simon Property Group, L.P., the operating partnership of SPG, amended and extended its $3.5 billion multi-currency revolving credit facility on September 19, 2024. The facility can grow to $4.5 billion during its term, and its maturity moved from January 31, 2026 to January 31, 2029, with an optional extension to 2030. The company said the facility, combined with its existing $5.0 billion facility, gives it $8.5 billion of total revolving credit capacity.
Initial borrowing capacity of $3.5 billion, expandable to $4.5 billion during the term
Maturity extended to January 31, 2029 from January 31, 2026, with an option to extend to January 31, 2030
Dollar borrowing rate unchanged from the prior facility at SOFR plus 82.5 basis points, based on current credit ratings
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