Raised FY2026 real estate FFO guidance to $13.20-$13.30 per share after second-quarter acceleration.
Planned $250 million redevelopment investment in Green Hills, International Plaza, and Cherry Creek starting later in 2026.
Signed replacement leases for former Saks Off Fifth boxes are expected to lift rent from $18 million to $44 million, mainly in 2027.
Launch of Simon Media Network in the coming weeks to monetize shopper data and in-center screens.
Additional development projects totaling about $600 million-plus are expected to be approved and start by end-2026.
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