March 7, 2011
IBJ StaffSimon Property Group Inc., WellPoint Inc. and Brightpoint Inc. of Indianapolis, and Columbus-based Cummins Inc. made Fortune's
annual list of 350 companies, released Monday.
More
February 16, 2011
Cory SchoutenThe Indiana Court of Appeals has agreed to hear an appeal from the widow of the late Melvin Simon, putting on hold a legal
dispute over the mall magnate's more than $2 billion estate.
More
February 4, 2011
IBJ Staff and Bloomberg NewsEarnings for the Indianapolis-based shopping mall owner increased to $217.9 million in the fourth quarter, up from $91.5 million
in the fourth quarter of 2009. Funds from operations, a key measurement used by real estate investment trusts, also improved.
More
January 26, 2011
Cory SchoutenBren Simon is poised to replace her outside legal team in favor of a heavy hitter from Chicago as she appeals two courtroom
setbacks in Hamilton County.
More
January 22, 2011
Greg AndrewsSimon Property Group Inc. used multibillion-dollar buyouts to become the nation’s largest public real estate company.
So should investors be worried its last two acquisition bids have gone bust?
More
January 19, 2011
IBJ StaffOne of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position
at Simon Property Group.
More
January 12, 2011
Associated PressGoldman Sachs & Co. analyst Jonathan Habermann expects a return of 5 percent to 10 percent this year after last year's
29-percent total return for REIT stocks.
More
January 11, 2011
Bloomberg NewsSimon Property Group Inc., the largest U.S. shopping mall owner, abandoned its $4.5 billion bid for Capital Shopping Centres
Group Plc after the British company resisted Simon’s takeover interest.
More
January 7, 2011
Bloomberg NewsCapital Shopping Centres Group Plc, the U.K.’s biggest shopping mall owner, said it is worth as much as $9.64 a share
to a bidder, almost 50 percent more than an offer from Indianapolis-based Simon Property Group Inc.
More
December 29, 2010
Bloomberg NewsSimon Property Group Inc. has secured a 3 billion pound loan that will give the company the resources to bid for London-based
Capital Shopping Centres Group Plc.
More
December 24, 2010
Cory SchoutenJust as shoppers began spending more cash at Simon Property Group Inc. malls, the Indianapolis real estate giant tried to
open its own wallet for three huge deals—to mixed results.
More
December 21, 2010
Bloomberg NewsSimon Property Group Inc. is unlikely to buy Capital Shopping Centres Group Plc because it will take too long for rents to
rise enough to justify a price its U.K. counterpart would accept, according to Barclays Capital real estate analysts.
More
December 18, 2010
IBJ Staff and Bloomberg NewsIn rejecting Simon’s offer, London-based Capital Shopping Centres Group said the cash bid “very substantially
undervalues the company and its prospects."
More
December 16, 2010
Cory SchoutenA series of questionable decisions by Bren Simon in recent months appear to have paved the way for a Hamilton County judge’s
order this week removing Bren as interim trustee over Simon Property Group co-founder Melvin Simon’s estate.
More
December 15, 2010
Bloomberg NewsCapital Shopping Centres Group Plc, the United Kingdom's biggest shopping mall owner, turned down Simon Property Group Inc.'s
$4.6 billion bid, describing it as "inadequate."
More
December 15, 2010
Bloomberg NewsIndianapolis-based Simon Property Group Inc., the largest U.S. mall owner, made an offer for Capital Shopping Centres Group
Plc that values the U.K. company at $4.6 billion.
More
December 13, 2010
Bloomberg NewsSimon Property Group Inc. may be running out of options in its quest to take over Capital Shopping Centres Group Plc and become
the largest mall owner in the United Kingdom.
More
December 13, 2010
Bloomberg NewsCapital Shopping Centres Group Plc, Britain’s biggest shopping-mall owner, rejected a financing plan that would have
given potential suitor Simon Property Group Inc. a larger stake in the company.
More
December 8, 2010
Bloomberg NewsIndianapolis-based Simon Property Group Inc. will end its interest in buying Capital Shopping Centres Group Plc if the U.K.
company doesn’t provide information necessary to evaluate a bid.
More
December 4, 2010
Cory SchoutenSimon Property Group Inc. has offered to settle a lawsuit with Bren Simon by cashing out 6.5 million partnership units her
late husband Melvin held in the giant shopping mall developer.
More
November 30, 2010
Cory SchoutenAttorneys for Bren Simon turned their ire toward a Hamilton County judge on Tuesday, asking him to recuse himself from a legal
battle over real estate magnate Melvin Simon's $2 billion estate.
More
November 26, 2010
Bloomberg NewsShares of Capital Shopping Centres Group Plc, Britain’s biggest mall owner, rose the most since the company went public
in 1992 after saying Indianapolis-based Simon Property Group Inc. may offer more than $3.6 billion in cash for the company.
More
November 16, 2010
Bloomberg NewsIndianapolis-based Simon Property Group Inc., the U.S. shopping-mall owner that paid $2.3 billion this year for an outlet-center
business, has plenty of capital for more purchases, CEO David Simon said Tuesday.
More
November 11, 2010
Bloomberg NewsThe U.S. Federal Trade Commission said it is requiring Indianapolis-based Simon Property Group Inc., the largest U.S. mall
owner, to sell outlets in a settlement related to the $2.3M purchase of Prime Outlets Acquisition Co.
More
November 9, 2010
Associated PressGeneral Growth exits bankruptcy with more than 183 regional malls in 43 states — a retail portfolio second only to Indianapolis-based
Simon Property Group Inc., which failed in its bid to scoop up its rival earlier this year.
More
It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.