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Simon Property’s 2Q results grow by 56 percent

(BUSINESS NEWS) - Retail property owner Simon Property Group Inc. said Friday its second-quarter results climbed by 56 percent on improved occupancy and increased property sales. The results topped Wall Street’s expectations. The real estate investment trust said its funds from operations, or FFO, rose to $487.7 million, or $1.38 a share, in the [...]

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