Simon Property Group — Aug 10, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-26-093361
Showing in the filing
Development Activity Summary — The Mills Redevelopments: Expected Stabilized Rate of Return
“15%”
Period
The long term
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 20
Quarterly common stock dividend for Q3 FY2026
“$2.25”
Quarterly dividend on 8 3/8% Series J Cumula… for Q3 FY2026
“$1.046875 per share”
Quarterly dividend on 8 3/8% Series J Cumula…
“$1.046875 per share”
Estimated Real Estate FFO per diluted share … for FY2026
“$13.20 to $13.30”
Estimated Real Estate FFO per share
“$13.20”
Development Activity Summary — Malls and Pre… for Q3 FY2026
“$234,919”
Development Activity Summary — Malls and Pre… for FY2026
“$419,786”
Development Activity Summary — Malls and Pre… for FY2027
“$193,136”
Development Activity Summary — Malls and Pre… for FY2026
“$612,922”
Development Activity Summary — The Mills Red… for the long term
“15%”
Development Activity Summary — The Mills Red… for Q3 FY2026
“$2,934”
Development Activity Summary — The Mills Red… for FY2026
“$4,169”
Development Activity Summary — The Mills Red… for FY2027
“$7,058”
Development Activity Summary — The Mills Red… for FY2026
“$11,227”
Development Activity Summary — Total Investm… for Q3 FY2026
“$237,853”
Development Activity Summary — Total Investm… for FY2026
“$423,955”
Development Activity Summary — Total Investm… for FY2027
“$200,194”
Development Activity Summary — Total Investm… for FY2026
“$624,149”
Development Activity Summary — Malls and Pre… for the long term
“9%”
Estimated net income attributable to common …
“$6.47”
Exhibit 99.1 · the passage around this item
… earlier in the release
2Q 2026 SUPPLEMENTAL
23
TABLE OF CONTENTS
DEVELOPMENT ACTIVITY SUMMARY
As of June 30, 2026 (in thousands, except percent)
PLATFORM
PROJECT TYPE
OUR SHARE
OF NET
INVESTMENT
EXPECTED
STABILIZED
RATE OF
RETURN
ACTUAL 2026
INVESTMENT
THRU Q2 2026
FORECASTED
INVESTMENT
Q3 - Q4 2026
FORECASTED
INVESTMENT
FY 2026
FORECASTED
INVESTMENT
FY 2027
TOTAL
FORECASTED
INVESTMENT
FY 2026 - 2027
Malls and Premium Outlets
Redevelopments
$
1,061,650
9
%
$
184,867
$
234,919
$
419,786
$
193,136
$
612,922
The Mills
Redevelopments
$
11,735
15
%
$
1,235
$
2,934
$
4,169
$
7,058
$
11,227
Total Investment
$
1,073,385
9
%
$
186,102
$
237,853
$
423,955
$
200,194
$
624,149
Less funding from: Construction Loans, International JV Cash on hand, etc.
$
(179,871 )
$
(29,988 )
$
(46,779 )
$
(76,767 )
$
(44,928 )
$
(121,695 )
Total Net Cash Investment
$
893,514
$
156,114
$
191,074
$
347,188
$
155,266
$
502,454
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.