Mall owner Simon Property profit disappoints as pandemic cuts shopping days

Simon Property Group Inc missed Wall Street estimates for quarterly profit on Monday, hurt by unpaid rent from retailers across its U.S. malls who suffered a total loss of 10,500 shopping days due to coronavirusled lockdowns.

from Top Business News- News18.com
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Mall owner Simon Property profit disappoints as pandemic cuts shopping days Mall owner Simon Property profit disappoints as pandemic cuts shopping days Reviewed by Team Exprssnews on August 10, 2020 Rating: 5

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