Simon Property Group — Feb 4, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-009105
Showing in the filing
Total Net Cash Investment
“$1,078,416”
Period
The long term
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 29
Quarterly common stock dividend for Q1 FY2025
“$2.10”
Quarterly dividend on 8 3/8% Series J Cumula… for FY2025
“$1.046875 per share”
Quarterly dividend on 8 3/8% Series J Cumula…
“$1.046875 per share”
Estimated net income attributable to common … for FY2025
“$6.95” – “$7.20”
Estimated net income per diluted share for FY2025
“$6.95 to $7.20”
Estimated Real Estate FFO and FFO per dilute… for FY2025
“$12.40 to $12.65”
Estimated Real Estate FFO and Estimated FFO … for FY2025
“$12.40” – “$12.65”
Malls - Redevelopments: Our Share of Net Inv… for the long term
“$1,004,036”
Malls - Redevelopments: Forecasted Investment for FY2025
“$535,803”
Malls - Redevelopments: Forecasted Total Inv… for FY2024
“$807,958”
Premium Outlets - New Developments: Our Shar… for the long term
“$184,626”
Premium Outlets - New Developments: Forecast… for FY2025
“$37,134”
Premium Outlets - New Developments: Forecast… for FY2024
“$117,383”
Premium Outlets - Redevelopments: Our Share … for the long term
“$57,924”
Premium Outlets - Redevelopments: Expected S… for the long term
“10%”
Premium Outlets - Redevelopments: Forecasted… for FY2025
“$4,004”
Premium Outlets - Redevelopments: Forecasted… for FY2024
“$40,504”
The Mills - Redevelopments: Our Share of Net… for the long term
“$37,867”
The Mills - Redevelopments: Expected Stabili… for the long term
“15%”
The Mills - Redevelopments: Forecasted Inves… for FY2025
“$32,915”
The Mills - Redevelopments: Forecasted Total… for FY2024
“$37,365”
Total Investment: Our Share of Net Investment for the long term
“$1,284,453”
Total Investment: Forecasted Investment for FY2025
“$609,856”
Total Investment: Forecasted Total Investment for FY2024
“$1,003,210”
Total Net Cash Investment for the long term
“$1,078,416”
Total Net Cash Investment: Forecasted for FY2025
“$552,117”
Total Net Cash Investment: Forecasted Total for FY2024
“$858,804”
Malls - Redevelopments: Expected Stabilized … for the long term
“8%”
Premium Outlets - New Developments: Expected… for the long term
“8%”
Exhibit 99.1 · the passage around this item
… earlier in the release
$
(206,037 )
$
(86,667 )
$
(57,739 )
$
(144,406 )
Total Net Cash Investment
$
1,078,416
$
306,687
$
552,117
$
858,804
Notes:
(1)
Does not include TRG
4Q 2024 SUPPLEMENTAL
24
TABLE OF CONTENTS
COMMON AND PREFERRED STOCK INFORMATION
CHANGES IN COMMON SHARE AND LIMITED PARTNERSHIP UNIT OWNERSHIP
For the Period December 31, 2023 through December 31, 2024
COMMON
SHARES (1)
LIMITED
PARTNERSHIP
UNITS (2)
Number Outstanding at December 31, 2023
325,920,522
48,913,717
Activity During the First Nine Months of 2024
Redemption of Limited Partnership Units for Cash
—
(280,350 )
Restricted Stock/Restricted Stock Unit Awards and Long-Term Incentive Performance (LTIP) Units Earned (3)
372,495
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.