How Risky Is Simon Property Group?
Retail, which is finally making its comeback after a rocky year and a half, is considered one of the riskier asset classes among commercial real estate (CRE) today. At the start of the pandemic, e-commerce was already redefining how consumers shop, but COVID-19 accelerated the trend of shopping online by leaps and bounds, putting tremendous pressure on brick-and-mortar retail operators. Malls, in particular, are being forced to find ways to adapt to these changes in order to survive.
Simon Property Group (NYSE: SPG), the largest mall real estate investment trust (REIT) in the industry, has finally recovered from the March 2020 crash. But there are certain risks investors still need to consider. Here's a closer look at how risky Simon Property Group is.
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Source Fool.com
