Simon Property Group

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ARTICLES

Simon forming $1.8B joint venture with retailer Hudson's Bay

Simon, the biggest U.S. mall owner, will contribute $278.5 million and have a stake of 20 percent in the joint venture with Canada's oldest company.
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Another clothing retailer files for bankruptcy

Cache Inc., which has a store in the Fashion Mall at Keystone, has filed for Chapter 11 protection and might liquidate its inventory. Simon Property Group is the retailer's largest creditor.
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Simon posts strong quarterly, annual earnings

Quarterly profit grew to $405 million, as occupancy in Simon Property Group's retail properties increased to 97.1 percent, a company record for year-end occupancy.
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Indiana companies smack in the middle of global spinoff spree

Just call 2014 the year of the corporate spinoff frenzy. And 2015 might be just as crazy.
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REIT stock prices climb on rebounding economy

Shares of real estate investment trusts Duke, Kite and Simon have all hit 52-week highs this month, with Simon climbing above $200 for the first time since the company went public.
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Simon launches retail startup competition

"Simon Launch" winners will receive cash, support and the opportunity to snag investments from the company's venture capital arm, which is deploying millions of dollars in startups.
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Tenacity helped seal David Simon’s latest mega-deal

Just five days after Simon Property Group spun off its strip centers and smaller malls into Washington Prime Group, executives began plotting a multibillion-dollar acquisition.
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Simon headquarters repairs spur blame game

Simon Property Group Inc.’s downtown headquarters is showing signs of structural damage, and building contractor Duke Construction Limited Partnership blames the problems on design flaws by CSO Architects Inc.
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City, Simon strike deal to keep Circle Centre anchor

Under terms of the deal, Carson Pirie Scott will save $300,000 annually through the next three years under a rent reduction at the downtown store.
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Simon discloses stake in shopping-mall owner Macerich

Indianapolis-based Simon Property Group Inc. said it has accumulated a 3.6-percent stake in shopping mall rival Macerich Co. and wants to buy more shares.
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