Simon Property Rises 2.43% on $210M Volume Ranking 499th as 96% Occupancy and 90% Renewals Signal Strong Demand

Simon Property Group (SPG) rose 2.43% on August 12, 2025, with a trading volume of $0.21 billion, ranking 499th in daily market activity. The REIT reported robust leasing activity, with 30% of second-quarter deals being new leases, and occupancy reaching 96% as of Q2. Base rent increased 1.3% year-over-year to $58.70 per square foot, reflecting strong demand for its premium retail and mixed-use properties. Management highlighted 90% of expiring leases through 2025 as already renewed, outpacing prior-year progress.

Recent executive appointments, including the promotion of Eli Simon to Chief Operating Officer, signal strategic continuity. The company’s $9.2 billion liquidity position supports redevelopment projects and selective acquisitions, such as its expanded Miami footprint. While retail REITs face cyclical risks from e-commerce and consumer spending shifts, SPG’s high-traffic assets and 13-year dividend growth streak underscore its appeal for income-focused investors.

A backtested strategy of holding the top 500 volume stocks for one day from 2022 to 2025 yielded $2,550 in profit but experienced a 15.2% maximum drawdown on October 27, 2022. This highlights the strategy’s volatility despite overall gains.