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Simon Property reports 6.6% increase in domestic NOI and acquisition of Seattle assets

The Motley Fool +1 · ·by G4L

SPG Simon Property Group Inc
$233.01 +2.01%
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  1. 1Simon Property recorded a 6.6% increase in domestic net operating income for the third quarter of 2026.
  2. 2Simon Property agreed to acquire University Village in Seattle.
  3. 3Simon Property achieved a free cash flow increase of over 7% compared to the beginning of the year.

So what's the key point?

Simon Property purchased a building in Seattle and increased the money earned from its real estate. Cash flow also improved by more than 7%, meaning the company is earning more money.

Source The Motley Fool +1 · View original ↗

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