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Simon Property Group to Open Half of Its Shopping Malls This Week


Simon Property Group (NYSE: SPG) told analysts it planned to open half of its shopping malls this week.

Simon operates 234 properties in North America, Europe, and Asia. With 168 properties in the U.S., it is the country's largest mall operator. Last month, it was reported last month that Simon intended to begin reopening almost 50 malls the first week of May as states permitted. As of this week, 77 U.S. properties have become operational again.

Image source: Getty Images.

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Source Fool.com

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