The country’s leading mall owner continues to struggle amid a pandemic that has decimated foot traffic and plunged many retailers into bankruptcy. In the third quarter, Simon Property Group saw its net income plummet to just $145.9 million, the retail REIT reported on a Monday earnings call. That’s well below the $544.3 million it made during the same time last year, and even under the $254.2 million it accrued last quarter. That’s due, in part,
source https://therealdeal.com/2020/11/10/simon-property-groups-earnings-plummet-below-last-quarter/
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