Reports Q2 revenue $1.46B, consensus $1.3B. Reports Q2 Domestic property NOI increased 5.2% and portfolio NOI increased 4.8% compared to the prior year period. “We are pleased with our financial and operational performance in the second quarter,” said David Simon, Chairman, CEO and President. “We continue to invest in our retail real estate platforms with transformative redevelopments, including the addition of mixed-use components, and selective new developments including the grand opening of Tulsa Premium Outlets on August 15 at 100% leased. Today, we once again raised our quarterly dividend and are increasing the mid-point of our FY24 guidance.”
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