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Simon Property Group, Inc.

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Simon Property Group, Inc.  Company Overview

Simon Property Group, Inc. Company Information

TypePublic
Traded as(S&P 100 Component)
IndustryReal estate investment trusts
GenreShopping malls lifestyle centers
Founded1993
Key PeopleDavid E. Simon
(chairman and CEO)
Melvin Simon (Founder)
Herbert Simon (Founder)
Fred Simon (Founder)
Number of locationsUnited States Canada Japan Brazil Mexico South Korea Puerto Rico
RevenueUSD$ 5.170 billion (2014)
Net incomeUSD$ 1.32 billion (2014)
Total assetsUSD$ 33.325 billion (2014)
Number of employees5,000+ (2010)
SubsidiariesSimon Malls
Premium Outlets
The Mills
Kravco (80%)
Klépierre (29.8%)
Websitehttp://simon.com/

Simon Property Group, Inc. is an American commercial real estate company, ranked #1 in the United States as the largest real estate investment trust. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The Mills, community/lifestyle centers and international properties. It currently owns or has an interest in more than 325 properties comprising approximately 241,000,000 square feet (22,400,000 m2) of gross leasable area in North America and Asia. The company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. It is publicly traded on the NYSE under the symbol SPG and is part of the S&P 100.Simon Property Group has been the subject of several lawsuits and investigations regarding civil rights and discrimination. 1

Our portfolio includes assets of national and international renown - proven assets that are the preferred location for retailers. In addition to our high quality properties, Simon is also known for our strong balance sheet, a long-tenured and well-respected senior management team, and our innovative spirit, as reflected in a 50 + year history of successful retail real estate development, management & leasing.

Employment at Simon is considered the pinnacle of a career by real estate professionals due to our leadership position in the industry. With a total market capitalization of over $80 billion, we are well positioned to continue to deliver strong financial results and create shareholder value. Headquartered in Indianapolis, Indiana, we employ approximately 5,500 people across the United States. 2

Simon Property Group, Inc.  News & Press Releases

  • Festival Favorites from Nordstrom
    Hello Fashion Lovers, Festival season is here! With tons of outdoor concerts, movies, and street fairs, I'm sure many of you are packing your favorite denim shorts and crop tops to join in on the festivities. But if you'd like to stray away from the norm, check out my Festival [read more]
    Source: Simon Property Group, Inc. FeedsPublished on 2015-04-27
  • Spring’s Freshest Fragrance Arrivals.
    Fellow Style Mavens! Spring flowers are one thing that comes to my mind when I think of this wonderful season. Another is fresh floral fragrances that will uplift and brighten even if there's a few showers along the way. Below I've shared with you my simple guide to some of [read more]
    Source: Simon Property Group, Inc. FeedsPublished on 2015-04-24
  • It Bags of the Moment
    A new season means it's time to take a look at the latest It Bags (of the moment). For me personally, I'm loving the Fendi Peekaboo bags. Sure, they've been around for a few seasons, but I'm completely and utterly sad that I missed out on the monster versions. [read more]
    Source: Simon Property Group, Inc. FeedsPublished on 2015-04-23
  • Designer Bucket List
    Ever since "Sex and the City" aired, women everywhere have yearned to have a pair of Manolo's added to their closet. "Breakfast at Tiffany's" may not have been all about the store and what was inside, but it engraved the idea of getting that little blue box as something [read more]
    Source: Simon Property Group, Inc. FeedsPublished on 2015-04-21
  • Festival Season Do’s and Don’ts
    With the first weekend of Coachella down and another coming up, it is now just the beginning of the wonderful time of year that is festival season. Coachella is one of the first festivals to kickoff a season full of music. Soon enough we will be dancing at Lollapalooza in [read more]
    Source: Simon Property Group, Inc. FeedsPublished on 2015-04-20