2017 Press Releases


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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