2017 Press Releases


10/13/17Empowering Brands at Lightning Speed, Simon® Launches The Edit@Roosevelt Field
GARDEN CITY, N.Y., Oct. 13, 2017 /PRNewswire/ -- Simon (NYSE: SPG), a global leader in premier shopping, dining and entertainment destinations, is excited to announce the launch of The Edit@Roosevelt Field, a first of its kind, scalable, turnkey retail platform that will launch in November at Roosevelt Field® on Long Island. Set in one of America's most iconic shopping centers, The Edit@Roosevelt Field brings together both established and emerging brands to pilot new products in an inter... 
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10/05/17Simon Breaks Ground On Denver Premium Outlets®
Project scheduled to open in fall 2018 DENVER, Oct. 5, 2017 /PRNewswire/ -- Local government officials and dignitaries celebrated this morning as Simon, a global leader in premier shopping, dining and entertainment destinations, broke ground on Denver Premium Outlets® in Thornton, Colorado. Denver Premium Outlets, slated to open in fall 2018, will offer a mix of product categories found in Simon Premium Outlets around the country, including fashion clothin... 
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09/28/17Simon Property Group Schedules Third Quarter 2017 Earnings Release and Conference Call
INDIANAPOLIS, Sept. 28, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that financial and operational results for the quarter ending September 30, 2017, will be released before the market opens on October 27, 2017.  The Company will host its quarterly earnings conference call and an audio webcast on October 27 at 10:00 a.m. Eastern Time. The live webcast will be available in listen-only ... 
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09/14/17Simon Opens The Shops At Clearfork In Fort Worth, Texas
FORT WORTH, Texas, Sept. 14, 2017 /PRNewswire/ -- Simon (NYSE:SPG), a global leader in premier shopping, dining and entertainment destinations, in partnership with Cassco Development Co., announced today the opening of The Shops at Clearfork, a 500,000-square-foot, open-air luxury shopping, dining, entertainment and mixed-use - including office - destination situated in the heart of Fort Worth. Anchored by Neiman Marcus, The Shops at Clearfork is home to luxu... 
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09/12/17Simon Property Group To Present At Barclays Global Financial Services Conference
INDIANAPOLIS, Sept. 12, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today announced that David Simon, Chairman and Chief Executive Officer, will provide an overview of the Company's business to the investment community at the Barclays Global Financial Services Conference in New York City, New York on Wednesday, September 13, 2017 at 9:45 a.m. Eastern Time. A live audio webcast of the presentation wil... 
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09/07/17Simon And Flying Tiger Copenhagen Bring Danish Design And Fun Shopping Experience To Four New Centers
New stores to open at Simon centers in New York and New Jersey for Holiday 2017 INDIANAPOLIS, Sept. 7, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today announced that the Danish brand, Flying Tiger Copenhagen, will open at Menlo Park Mall, Roosevelt Field, Walt Whitman Shops and Newport Centre in time for Holiday 2017. Located in both New Jersey and New York, these new stores will mark the next wave of expansion for Flying Tiger Cop... 
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08/21/17Woodbury Common Premium Outlets
- Settles New York Attorney General's meritless investigation into the property - Remains an economic engine for Orange County, the lower Hudson Valley, and New York State CENTRAL VALLEY, N.Y., Aug. 21, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that it has entered into a settlement agreement with the New York Attorney General concerning radius provisions at Woodbury Common Premium Outlets®.  At a time when retail... 
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08/08/17Simon® Launches Concierge Bot On Facebook Messenger
New, innovative bot provides automated and personalized concierge service to its shoppers across all Simon shopping locations in North America INDIANAPOLIS, Aug. 8, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today announced that it has launched the industry's first enterprise-wide bot on Facebook Messenger that provides a complete concierge experience.  Shoppers at all 208 Simon Malls®, The Mills® and Premium Outlets® in North Ameri... 
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08/01/17Simon Property Group Reports Second Quarter 2017 Results And Raises Quarterly Dividend And Full Year 2017 Guidance
INDIANAPOLIS, Aug. 1, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today reported results for the quarter ended June 30, 2017. Results for the Quarter1 Net income attributable to common stockholders was $382.0 million, or $1.23 per diluted share, as compared to $455.4 million, or $1.45 per diluted share, in the prior year period.  Results for the second quarter of 2017 include a charge of $128.6 ... 
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06/29/17Simon Opens Norfolk Premium Outlets®
NORFOLK, Va., June 29, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today the opening of Norfolk Premium Outlets®, bringing a variety of sought-after outlet retail to the Norfolk, Chesapeake and Virginia Beach-areas. Norfolk Premium Outlets offers shoppers enormous everyday savings of 25 to 65 percent on a vast array of apparel, footwear, fashion accessories, leather goods and specialty bra... 
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06/27/17Simon Property Group Schedules Second Quarter 2017 Earnings Release And Conference Call
INDIANAPOLIS, June 27, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that financial and operational results for the quarter ending June 30, 2017, will be released before the market opens on August 1, 2017.  The Company will host its quarterly earnings conference call and an audio webcast on August 1 at 10:00 a.m. Eastern Time. The live webcast will be available in listen-only mode at in... 
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06/16/17Simon Centers Surpass $1 Million Fundraising Goal In Support Of Susan G. Komen®
Simon Malls, The Mills and Premium Outlets enlist support of shoppers and tenants to help reduce breast cancer deaths in the U.S. by 50 percent by 2026 INDIANAPOLIS, June 16, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, has surpassed its $1 million fundraising goal for 2017 in support of Susan G. Komen and the fight against breast cancer.  More than 180 Simon Malls, The Mills and Premium Outlets nationwide have participated in a range... 
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06/15/17Southdale Enhancements Continue As Construction Begins on Homewood Suites by Hilton
Four-story, 146-room, all-suites hotel to open early fall 2018 EDINA, Minn., June 15, 2017 /PRNewswire/ -- Crews broke ground today on Edina's newest hotel. Homewood Suites by Hilton – a four-story, 146-room, all-suites hotel – is expected to open early fall 2018. Part of the continued evolution of the shopping, dining, entertainment and residential destination, the hotel will be located at the northeast corner of the Southdale parking lot and will include meeting space, a fitness room, an in... 
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06/15/17Simon Opens Genting Highlands Premium Outlets - Second Premium Outlet Center® In Malaysia
GENTING HIGHLANDS, Malaysia, June 15, 2017 /PRNewswire/ -- Genting Simon, a joint venture between Genting Plantations Berhad and Simon Property Group, Inc. (NYSE: SPG), a global leader in premier shopping, dining and entertainment destinations, announced today that it has opened Genting Highlands Premium Outlets®, its second Premium Outlet® Center in Malaysia. Genting Highlands Premium Outlets® is conveniently located just 45 minutes from downtown Kuala Lumpu... 
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06/07/17Life Time and Simon to Enhance Consumer Experience at Southdale Center with Planned Athletic Resort
First New Life Time development in Minnesota in 10+ years to include rooftop pools and beach club among wide range of healthy living, entertainment amenities INDIANAPOLIS and CHANHASSEN, Minn., June 7, 2017 /PRNewswire/ -- Life Time is coming to Southdale Center in Edina. Life Time®, the nation's premier Healthy Way of Life Company and lifestyle brand, and Simon, a global leader in premier shopping, dining and entertainment destinations (Simon Property Group, NYSE: SPG) confirmed the planned,... 
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05/25/17Simon Property Group To Redeem All Outstanding 5.65% Notes Due 2020
INDIANAPOLIS, May 25, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P.,  provided notice to redeem all $1.25 billion in aggregate principal amount of its outstanding 5.65% Notes due 2020 (CUSIP No. 828807 CD7) (the "Notes").  The redemption date for the Notes will be June 26, 2017 (the "Redemption Date").  ... 
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05/23/17The Forum Shops at Caesars Palace to Welcome 'The Slanted Door' Restaurant
James Beard awarded, modern Vietnamese restaurant to open in 2018 LAS VEGAS, May 23, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, has announced that The Slanted Door will be joining The Forum Shops at Caesars Palace, opening in 2018. A modern Vietnamese restaurant with roots in San Francisco's Mission District, The Slanted Door will open its first location outside of California, an 8200 square foot restaurant to be situated ... 
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05/22/17Simon Property Group Sells $1.35 Billion Of Senior Notes
INDIANAPOLIS, May 22, 2017 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P., (the "Operating Partnership"), has agreed to sell $600 million principal amount of its 2.625% senior notes due June 15, 2022, and $750 million principal amount of its 3.375% senior notes due June 15, 2027.  Combined, the new issues of senior notes have a weighted average ... 
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05/22/17The Shops at Clearfork Introduces New-To-Market Luxury Retailers
Louis Vuitton, Burberry and Tiffany & Co. to join Neiman Marcus at upscale destination this Fall FORT WORTH, Texas, May 22, 2017 /PRNewswire/ -- Simon (NYSE: SPG), a global leader in premier shopping, dining and entertainment destinations, in partnership with Cassco Development Co., today announced that Louis Vuitton, Burberry and Tiffany & Co., will join The Shops at Clearfork, Fort Worth's newest luxury lifestyle destination, this fall. The 500,000 square foot, open-air center will ... 
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05/22/17Simon To Invest $1 Billion In 2017, Enhancing Its Premier Shopping, Dining, And Entertainment Destinations
LAS VEGAS, May 22, 2017 /PRNewswire/ -- With the industry's leading portfolio of shopping, dining, entertainment and mixed-use destinations, Simon continues to reinvest in its portfolio to create premier gathering places at a record pace. Over the past five years, the S&P 100 company has invested more than $5.0 billion in development projects with the expectation of spending approximately $1.0 billion in both 2017 and 2018. "Our primary focus continues to... 
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05/02/17Simon Continues More Than Pink™ Drive With Susan G. Komen® To Reduce Breast Cancer Deaths In The U.S. By 50 Percent By 2026
Simon Malls, The Mills and Premium Outlets offering discount cards, hosting project:OM yoga events and more during Spring drive INDIANAPOLIS, May 2, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today announced its Spring 2017 More Than Pink movement in support of Susan G. Komen and the fight against breast cancer. As part of its pledge to donate $1 million each year in 2017 and 2018, more than 180 participating Simon Malls, The Mills and Premium Outlets nationwide will b... 
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04/27/17Simon Property Group Reports First Quarter 2017 Results And 9.4% Year-Over-Year Increase In Quarterly Dividend
INDIANAPOLIS, April 27, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today reported results for the quarter ended March 31, 2017. Results for the Quarter Net income attributable to common stockholders was $477.7 million, or $1.53 per diluted share, as compared to $481.0 million, or $1.55 per diluted share, in the prior year period. The prior year period includes gains of $22.7 million, or $0.06 per diluted share, related to acquisi... 
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04/18/17Now Open: Simon Welcomes Madame Tussauds At Opry Mills In Nashville
Attraction boosts growing entertainment, dining and shopping offerings at Opry Mills NASHVILLE, Tenn., April 18, 2017 /PRNewswire/ -- Simon Property Group has announced its Opry Mills property in Nashville is now the home of the nation's first in-mall Madame Tussauds wax attraction. The attraction opened its doors to the public Friday, April 14, marking its seventh location in the United States. Madame Tussauds Nashville is the brand's only music-themed a... 
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04/13/17Life Time Expands Operations In Houston At The Galleria
Expansion Provides New Membership Opportunities for Consumers with Broad Array of Tennis, Healthy Lifestyle Clubs and Programming HOUSTON, April 13, 2017 /PRNewswire/ -- Simon (NYSE:SPG), a leading global retail real estate company, announced that Life Time®, a privately held, comprehensive healthy living, healthy aging and healthy entertainment lifestyle company, is now open at The Galleria in the former Galleria Tennis & Athletic Club space (GTAC). The largest operator of indoor tennis ... 
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04/06/17Simon Opens Siheung Premium Outlets - Fourth Premium Outlet Center® In South Korea
SIHEUNG, South Korea, April 6, 2017 /PRNewswire/ -- Shinsegae Simon, a joint venture between Shinsegae Group and Simon Property Group, Inc. (NYSE: SPG) announced today that it has opened Siheung Premium Outlets, its fourth Premium Outlet Center in South Korea. Building on the success of the Yeoju and Paju Premium Outlets near Seoul and the Busan Premium Outlets located on the southeastern tip of the Korean Peninsula, Siheung Premium Outlets will feature 220 d... 
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03/23/17Simon Property Group Schedules First Quarter 2017 Earnings Release and Conference Call
INDIANAPOLIS, March 23, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, announced today that financial and operational results for the quarter ending March 31, 2017, will be released before the market opens on April 27, 2017.  The Company will host its quarterly earnings conference call and an audio webcast on April 27 at 10:00 a.m. Eastern Time. The live webcast will be available in listen-only mode at investors.simon.com.  Within the Unit... 
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03/17/17Simon Property Group Announces Amended And Extended $4.0 Billion Revolving Credit Facility
INDIANAPOLIS, March 17, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today announced that it has amended and extended its $4.0 billion unsecured multi-currency revolving credit facility.  The newly refinanced facility, which can be increased to $5.0 billion during its term, will initially mature on June 30, 2021 and can be extended for an additional year to June 30, 2022 at the Company's sole option.  The interest rate on the new revolver is reduced to LIBOR plus 77.5 basis... 
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03/16/17Dramatic And Comprehensive Enhancements Launched At The Shops at Riverside
HACKENSACK, N.J., March 16, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, announced today the second phase of a three-phase project of the dramatic transformation of The Shops at Riverside, northern New Jersey's premier luxury shopping center. Work on the first phase will be completed this summer with the creation of a dining and entertainment district. Offerings will include an upscale cinema with a lounge and bar operated by AMC, the relocation of The Cheesecake Factory, a... 
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03/09/17EVgo Opens 900th U.S. Fast Charger at Simon's Opry Mills®
NASHVILLE, Tenn., March 9, 2017 /PRNewswire/ -- EVgo, the nation's largest network of public electric vehicle (EV) fast charging stations, and Simon Property Group, a global retail real estate company, today announced that they have officially opened EVgo's 900th fast charger in the United States, at Opry Mills® in Nashville, Tennessee. The completed station at 433 Opry Mills Drive includes two (2) 480V Fast Chargers manufactured by BTC Power.  Each one can d... 
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03/02/17Simon Property Group To Present At Citi 2017 Global Property CEO Conference
INDIANAPOLIS, March 2, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today announced that members of senior management will provide an overview of the Company's business to the investment community at the Citi 2017 Global Property CEO Conference in Hollywood, Florida on Monday, March 6, 2017 at 10:55 a.m. Eastern Time. A live audio webcast of the presentation will be accessible from the Investors section of the Company's website at invest... 
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02/14/17Simon Property Group Announces 2 Year Extension Of Its $2 Billion Common Stock Repurchase Program
INDIANAPOLIS, Feb. 14, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today announced that the Company's Board of Directors authorized a two year extension of its $2.0 billion common stock repurchase program that had previously been announced on April 2, 2015 and was scheduled to expire on March 31, 2017.  Since the program's inception the Company has purchased approximately $600 million of its common stock.  Under the extended program, the Company may purchase the remaining ... 
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02/01/17Simon Rolls Out Innovative Interactive Mapping To Its Digital Channels
New indoor mapping capabilities further enhance shopper experience INDIANAPOLIS, Feb. 1, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, has rolled out new, digitally interactive mall maps on all Simon center websites. The state-of-the-art map technology allows shoppers to easily navigate Simon centers before and during their visits, includes point-to-point navigation between stores, and provides a directory of available services and amenities that further enhance the shopp... 
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01/31/17Simon Property Group Reports Fourth Quarter And Full Year 2016 Results And Raises Quarterly Dividend
INDIANAPOLIS, Jan. 31, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, today reported results for the quarter and twelve months ended December 31, 2016. Results for the Year[1] Net income attributable to common stockholders was $1.836 billion, or $5.87 per diluted share, as compared to $1.824 billion, or $5.88 per diluted share, in the prior year period. Results for 2016 include a charge of $136.8 million or $0.38 per diluted share rel... 
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01/10/17Simon Property Group Announces Reporting Information For 2016 Distributions
INDIANAPOLIS, Jan. 10, 2017 /PRNewswire/ -- Simon, a global leader in retail real estate, announced today 2016 year-end tax reporting information.                                                                                                                                                                            Simon Property Group, Inc. Common Stock CUSIP 828806109 Ticker Symbol:  SPG ... 
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