Bruce Flatt said in a letter to shareholders Thursday that he believes the true value of the company is closer to $57 a share.

The logistics of vaccine distribution are drawing more attention to cold storage. But demand for this asset class is still primarily driven by grocery deliveries.

Drugstore chains are rushing to add staff to prepare to administer more vaccinations, reports The New York Times. Two stories analyze Simon Property Group’s comments during its recent earnings call. These are among today’s must reads from around...

The firm is putting $250 million into a fund to develop single-family homes in Arizona, Florida and Texas.