What does redemption of limited partner units mean?

Cash outflows associated with the repurchase or redemption of partnership units held by minority or limited partners. This is common in REIT structures where operating partnership units are converted to cash.

Simon Property Group SPG Redemption Of Limited Partner Units

Redemption Of Limited Partner Units at other companies

Omega Healthcare InvestorsOHI

$13.28M—

Extra Space StorageEXR

$1.66M—

CubeSmartCUBE

$681K-25.5%

Arbor Realty TrustABR

$0-100%

WelltowerWELL

$0—

DigitalBridge GroupDBRG

$2.06M+2,357%

Other financials

Income statement

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Revenue$1.8B+19.3%

Operating income$762.2M+4.7%

Net income$568.5M+19.0%

EPS (diluted)$1.48+16.5%

Balance sheet

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Cash & equivalents$543.0M—

Total debt$29.0B—

Total equity$4.9B—

Total assets$39.6B—

Cash flow

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Operating cash flow$833.4M+0.7%

CapEx$208.4M-9.5%

Free cash flow$625.0M+4.7%

Valuation

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Market cap$73.12B+42.4%

Enterprise value$101.56B—

P/E13.4×-8.3×

P/S11×+2.4×

Profitability

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Operating margin48.3%-3.2pp

Net margin82%+42.6pp

FCF margin48.2%—

Returns & leverage

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Return on equity131.6%—

Debt / equity6×—

Where this comes from

Reported directly by Simon Property Group in its filing.

Tagged under the XBRL concept spg:RedemptionOfLimitedPartnerUnits.

The official record: Simon Property Group’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Simon Property Group's redemption of limited partner units?: Simon Property Group (SPG) reported redemption of limited partner units of $1.22M in Q1 2026.
How has Simon Property Group's redemption of limited partner units changed year-over-year?: Simon Property Group's redemption of limited partner units decreased by 80.8% year-over-year, from $6.34M to $1.22M.
What does redemption of limited partner units mean?: Cash outflows associated with the repurchase or redemption of partnership units held by minority or limited partners. This is common in REIT structures where operating partnership units are converted to cash.