Simon Property Group (LIM:SPG) Fixed Rate Debt (USD Mil) : 0.00 (As of . 20)

View and export this data going back to 2021. Start your Free Trial

What is Simon Property Group Fixed Rate Debt (USD Mil)?

In the railway industry, Fixed Rate Debt (USD Mil) is the debt for which the company pays the same level of interest over its entire term to its creditor.

The historical rank and industry rank for Simon Property Group's Fixed Rate Debt (USD Mil) or its related term are showing as below:

Simon Property Group Fixed Rate Debt (USD Mil) Historical Data

The historical data trend for Simon Property Group's Fixed Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Simon Property Group Fixed Rate Debt (USD Mil) Chart

Simon Property Group (LIM:SPG) Fixed Rate Debt (USD Mil) Explanation

Fixed Rate Debt (USD Mil) is the debt for which the company pays the same level of interest over its entire term to its creditor. An investor who wants to earn a guaranteed interest rate for a specified term could purchase a fixed-rate bond from a REIT. Then the REIT would use the money to invest in real estate and relative investment vehicles , which generate income such as rent, interest on mortgages that could be distributed to its creditor as a fixed interest.

A fixed rate debt, with no doubt, is part of a company's liabilities. With a higher level of debt, the REIT has to pay a higher amount of interest each period but will also be able to invest in more profitable real estate projects.

Simon Property Group Fixed Rate Debt (USD Mil) Related Terms

Thank you for viewing the detailed overview of Simon Property Group's Fixed Rate Debt (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.

Simon Property Group (LIM:SPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Simon Property Group Inc (LIM:SPG) » Definitions » Fixed Rate Debt (USD Mil)

Comparable Companies

Traded in Other Exchanges

SPGpJ.PFD:USA SPG:USA SPG:Mexico 1SPG:Italy SQI:Germany SQI:Germany SIMN34:Brazil SPGR:Austria

Address

225 West Washington Street, Indianapolis, IN, USA, 46204

Website

https://www.simon.com

Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.