Monday, May 21, 2007

UPDATE 1-Higher Mills revs not seen until late '07 -Simon CFO

(Reuters) - "Clearly, we hope to start impacting leasing," Simon Chief
Financial Officer Steve Sterrett told Reuters. "But because of
the lead time to get tenants open, you're not going to see the
benefits of that in the best case, fourth quarter '07."




Sterrett was in Las Vegas attending the International
Council of Shopping Centers' annual convention, where
retailers, shopping center owners, brokers and bankers convene
to do deals. Investors also attend to get a better ground-level
view on the industry.


Read more at Reuters.com Mergers News

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