Eli Simon on development spending
From SPG Stock | Simon Property Group, Inc Q4 2025 Earnings Call · · AlphaStreet
“At year end, our share of the net cost of developments across all platforms totaled approximately $1.5 billion with a blended yield of 9%. Approximately 45% of net costs are for mixed-use projects.”
On , Eli Simon, Chief Operating Officer, Executive Vice President, Chief Investment Officer & Director at Simon Property Group, spoke about development spending during SPG Stock | Simon Property Group, Inc Q4 2025 Earnings Call on AlphaStreet.
About Eli Simon
During Simon Property Group's fourth quarter 2025 earnings call on January 15, 2026, Eli Simon, the company's chief operating officer, participated as a presenter. He stated that retailer demand remains strong across the portfolio, noting that the company signed more than 1,300 leases totaling over 4.44 million square feet during the quarter and over 4,600 leases for more than 17 million square feet for the year. He also reported that at year end, the company's share of the net cost of developments across all platforms totaled approximately $1.5 billion with a blended yield of 9%, with approximately 45% of net costs allocated to mixed-use projects. Simon described the company's approach to enhancing properties across different markets, saying the goal is to "make Midland Texas... the best it can be at the same time trying to make short hills the best it can be," and noted the company's ability to build outlets in both Indonesia and Oklahoma.