Simon Property Group stock has gained 15.7% in three months due to strong growth prospects.

Simon Property Group (SPG) has seen a 15.7% increase in shares over the past three months, outperforming the industry’s 7.7% growth. The company’s focus on premium retail properties in the US and internationally positions it well for increased leasing activity, high occupancy rates, and continued rent growth. Strategic acquisitions and a strong balance sheet support its growth outlook.

SPG’s emphasis on omnichannel retail capabilities and mixed-use developments is promising, along with accretive acquisitions. The company signed 259 new leases and 550 renewal leases in Q1 2025, excluding certain categories, across its US Malls and Premium Outlets portfolio. With a favorable retail real estate environment, leasing momentum is expected to continue.

Recent acquisitions and major redevelopments, like the acquisition of Swire Properties’ interest in Brickell City Centre, enhance Simon Property’s portfolio and drive long-term growth. The company exited Q1 2025 with $10.1 billion in liquidity, a strong balance sheet, and investment-grade credit ratings. Robust dividend payouts further boost shareholder wealth, with a 9.09% growth in the past five years.

Despite positive trends, risks like growing e-commerce adoption and high debt burden could impact Simon Property’s performance. REIT investors can consider other stocks like Curbline Properties Corp. (CURB) and VICI Properties (VICI) with Zacks Rank #2 (Buy) ratings. The Zacks Consensus Estimate projects 2025 FFO per share growth for both companies.

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Read more at Nasdaq: Simon Property Stock Gains 15.7% in Three Months: Will the Trend Last?