Simon Property Group Q2 FY26 real estate FFO per share rises 7.9% to $3.29 - SPG News | RalliesSimon Property Group Q2 FY26 real estate FFO per share rises 7.9% to $3.29
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SPG• Simon Property Group reports higher Q2 FFO and raises guidance
- Simon Property Group posted Q2 net income attributable to common stockholders of $483.1 million, or $1.49 per diluted share, down from 2025.
- Real Estate FFO rose 7.9% year-over-year to $1.25 billion, or $3.29 per diluted share; FFO was $1.19 billion, or $3.12 per share.
- Domestic property NOI increased 8.5% year-over-year; U.S. Malls and Premium Outlets occupancy held at 96%.
- Base minimum rent per square foot climbed 6.3% to $62.42; trailing 12-month retailer sales per square foot jumped 13.9% to $838.
- Raised 2026 Real Estate FFO per share guidance to $13.20-$13.30; declared a $2.25 quarterly common dividend for Q3 2026.
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