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Resona Asset Management invests $431.3 million in Simon Property Group, acquiring over 176,000 shares.
Resona Asset Management Co. Ltd. recently bought 176,052 shares of Simon Property Group Inc., valued at about $30.3 million, as part of a larger investment totaling $431.3 million.
Simon Property Group, a real estate investment trust, currently has a market cap of $47.68 billion and a dividend yield of 5.75%.
Payden & Rygel, another firm, reduced its holdings in Simon Property Group by 5.3% in the fourth quarter.
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Resona Asset Management invierte $431,3 millones en Simon Property Group, adquiriendo más de 176.000 acciones.