Simon Property Group (SPG) Tuesday announced a decline in second quarter Funds from operations to $884.7 million or $2.47 per share from $952.9 million or $2.63 per share last year. Net income for the quarter decreased to $381.99 million from $455.39 million a year ago. On a per share basis, earnings declined to $1.23 from $1.45 last year.
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