2015 General News

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05/27/15Simon Opening NRG EVgo Electric Vehicle Charging Stations At Four Of Western Washington's Premier Shopping Destinations
New fast charging Freedom Station® sites at Northgate Mall, Tacoma Mall, Seattle Premium Outlets, and North Bend Premium Outlets SEATTLE, May 27, 2015 /PRNewswire/ -- Electric Vehicle (EV) drivers are now able to plug in and charge their cars while they shop or grab a bite at four of Western Washington's premier retail destinations. Simon, a leading global retail real estate company, and NRG EVgo (ee-vee-go), announce today the installation of new electric car fast-charging Freedom Station® s... 
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05/15/15Simon Expands At Key Properties Across U.S.
RECon Global Retail Real Estate Convention Serves as Backdrop to Industry Leader's Latest Expansion Plans LAS VEGAS, May 15, 2015 /PRNewswire/ -- As nearly 40,000 professionals converge this weekend in Las Vegas for the RECon Global Retail Real Estate Convention, Simon, the global leader in retail real estate, announces plans to expand several marquee properties, underscoring its commitment to continually enhance its portfolio nationwide. "We continue to invest in our properties to impro... 
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05/14/15Simon Property Group Opens Expansion Of Las Vegas North Premium Outlets
Twenty-Five New Stores, Including Neiman Marcus Last Call Studio, Saks Fifth Avenue Off 5th, and The Cheesecake Factory Come to the Project LAS VEGAS, May 14, 2015 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), a global leader in retail real estate, announced today that it has opened a 25-store expansion of Las Vegas North Premium Outlets®, one of the most productive and well-known outlet centers in North America. Las Vegas North Premium Outlets, located at the intersection of Int... 
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04/24/15Simon Property Group Reports First Quarter 2015 Results And Raises Quarterly Dividend And Full Year 2015 Guidance
INDIANAPOLIS, April 24, 2015 /PRNewswire/ -- Simon, a leading global retail real estate company, today reported results for the quarter ended March 31, 2015. Results for the Quarter Funds from Operations ("FFO") was $830.7 million, or $2.28 per diluted share, as compared to $865.3 million, or $2.38 per diluted share, in the prior year period.  Results for the three months ended March 31, 2014 included FFO per diluted share of $0.24 from the Washington Prime Group Inc. ("WPG") properties... 
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04/23/15Swire Properties, Whitman Family Development and Simon Property Group Announce Partnership
Strategic Alliance Established to Enhance Brickell City Centre's Premium Shopping Experience INDIANAPOLIS, April 23, 2015 /PRNewswire/ -- Swire Properties Inc, one of South Florida's leading international developers of urban real estate, Whitman Family Development, developer of Bal Harbour Shops, the world's top performing luxury shopping center, and Simon Property Group, a global leader in retail real estate, have announced a three-way partnership with Simon Property Group to jointly develop... 
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04/20/15Simon and NRG eVgo Lead Caravan of Electric Vehicles through Atlanta for Earth Day
Event promotes new fast charging stations in nation's second largest EV purchasing market ATLANTA, April 20, 2015 /PRNewswire/ -- Simon (NYSE: SPG), a global leader in retail real estate, is partnering with NRG eVgo (ee-vee-go), a subsidiary of NRG Energy, Inc. (NYSE: NRG) to host an Earth Day Caravan of electric vehicles (EV) through Atlanta to highlight new eVgo fast-charging Freedom Station® sites located at popular shopping centers across the greater Atlanta area. The rolling event will b... 
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04/17/15Shisui Premium Outlets® Expands By Sixty-Two Stores
INDIANAPOLIS, April 17, 2015 /PRNewswire/ -- Simon, a global leader in retail real estate, announced today that, in partnership with Mitsubishi Estate Co., Ltd.,  it has opened the expansion of the very popular Shisui Premium Outlets® (outside Tokyo, Japan). Shisui Premium Outlets initially opened only two years ago, in April, 2013. This first phase of the project opened 100% leased with 121 stores featuring a mix of international brands, Japanese brands and restaurants. The shopping cente... 
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04/02/15Simon Property Group Announces $2 Billion Common Stock Repurchase Program
INDIANAPOLIS, April 2, 2015 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), a leading global retail real estate company, today announced that the Company's Board of Directors authorized a common stock repurchase program.  Under the program, the Company may purchase up to $2 billion of its common stock over the next 24 months as market conditions warrant.  The shares may be repurchased in the open market or in privately negotiated transactions.  About Simon Simon is a global leader ... 
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03/31/15Simon Property Group Withdraws Offer To Acquire Macerich
INDIANAPOLIS, March 31, 2015 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) today confirmed that it has withdrawn its offer to acquire the outstanding shares of The Macerich Company (NYSE: MAC) for $95.50 per share, in light of the decision by the Macerich Board of Directors not to engage in discussions with Simon.    About Simon Simon is a global leader in retail real estate ownership, management and development and a S&P100 company (Simon Property Group, NYSE: SPG). Ou... 
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03/25/15Simon Property Group Schedules First Quarter 2015 Earnings Release and Conference Call
INDIANAPOLIS, March 25, 2015 /PRNewswire/ -- Simon, a leading global retail real estate company, announced today that financial and operational results for the quarter ended March 31, 2015, will be released before the market opens on April 24, 2015.  The Company will host its quarterly earnings conference call and an audio webcast on April 24 at 11:00 a.m. Eastern Time. The live webcast will be available in listen-only mode at investors.simon.com.  Within the United States, listeners can al... 
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03/20/15Simon Property Group Makes Best And Final Offer To Acquire Macerich For $95.50 Per Share In Cash And Stock
Represents 37% Premium To Unaffected Price Of Macerich Shares Offer Will Be Withdrawn on April 1 If No Engagement Simon Will Not Nominate Directors To Macerich Board INDIANAPOLIS, March 20, 2015 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) today announced that it has sent a letter to The Macerich Company (NYSE: MAC) outlining its best and final offer to acquire all of the outstanding shares of Macerich for $95.50 per share in cash and Simon shares. All other terms of Simon's p... 
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03/19/15Simon, Glamour, And GQ Bring Back Successful "LOOKBOOK Live" Program For 2015 To Deliver The Ultimate Multi-Platform Fashion Experience To Consumers
INDIANAPOLIS, March 19, 2015 /PRNewswire/ -- Today, Simon announces the return of LOOKBOOK Live, a joint fashion program in collaboration with Glamour and GQ magazines, that includes print, digital, social media, and live events, for spring and fall 2015. Kicking off with an eight-page "lookbook" in the April and September issues of Glamour and GQ, LOOKBOOK Live translates the hottest fashion trends from the runway into real life and shares where to shop the trends at Simon malls and P... 
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03/17/15Simon Property Group Responds to Macerich's "Scorched Earth" Rejection of Simon Proposal
INDIANAPOLIS, March 17, 2015 /PRNewswire/ -- Simon Property Group (NYSE: SPG) today responded to the rejection by The Macerich Company (NYSE: MAC) of Simon's proposal to acquire the outstanding shares of Macerich for $91.00 per share in cash and Simon shares, and Macerich's decision to classify its Board of Directors without a shareholder vote and adopt a poison pill. David Simon, Simon's Chairman and Chief Executive Officer, said, "The Macerich Board has sent shareholders a clear message ... 
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03/12/15Ten Startups Named Finalists in Simon and Decoded Fashion "Meet the Disruptors" Retail Technologies Competition at SXSW
New SXstyle serves as platform for startup contest for the top tech innovator in the retail space NEW YORK, March 12, 2015 /PRNewswire/ -- Simon®, a global leader in retail real estate, in partnership with Decoded Fashion, which holds global event series that encourage entrepreneurship in the fashion and retail fields, today announced the 10 finalists in its "Future of Retail: Meet the Disruptors" competition. The competition's mission is to discover startups in retail or retail-related techn... 
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03/10/15Simon Property Group Files Investor Presentation Highlighting Compelling Value Of Macerich Proposal
INDIANAPOLIS, March 10, 2015 /PRNewswire/ -- Simon Property Group (NYSE: SPG) today posted an investor presentation to its website highlighting the compelling value of its proposal to acquire all of the outstanding stock of The Macerich Company (NYSE: MAC) for $91.00 per share in cash and Simon shares.  The presentation is available at http://investors.simon.com. Simon also will file a copy of the presentation with the Securities and Exchange Commission (SEC). David Simon, Simon's Chairman a... 
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03/09/15Simon Property Group Proposes To Acquire Macerich For $91.00 Per Share In Cash And Stock
Represents 30% Premium to Macerich Unaffected Stock Price; Provides Macerich Shareholders Immediate Cash Value and Better Growth Potential Through Ownership in Industry Leader Simon Urges Macerich to Engage Immediately in Discussions Regarding Mutually Beneficial Transaction INDIANAPOLIS, March 9, 2015 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) today announced that it has sent a letter to The Macerich Company (NYSE: MAC) confirming its prior discussions regarding Simon's propos... 
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03/02/15Simon Property Group Announces Amended And Extended $2.75 Billion Revolving Credit Facility And Increase To Global Commercial Paper Program
INDIANAPOLIS, March 2, 2015 /PRNewswire/ -- Simon (NYSE: SPG), a leading global retail real estate company, today announced that it has amended and extended its $2.0 billion unsecured multi-currency supplemental revolving credit facility. The facility's borrowing capacity has been increased from $2.0 billion to $2.75 billion, and can be further increased to $3.5 billion during its term, will initially mature on June 30, 2019 and can be extended for an additional year to June 30, 2020 at the Comp... 
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02/26/15Simon Property Group To Present at Citi 2015 Global Property CEO Conference
INDIANAPOLIS, Feb. 26, 2015 /PRNewswire/ -- Simon (NYSE: SPG), a leading global retail real estate company, today announced that members of senior management including David Simon, Chairman and Chief Executive Officer, Richard S. Sokolov, President and Chief Operating Officer, and Andrew Juster, Chief Financial Officer, will provide an overview of the Company's business to the investment community at the Citi 2015 Global Property CEO Conference on Monday, March 2, 2015 at 9:30 a.m. Eastern Time.... 
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02/26/15Simon Announces $250 Million Transformation Of The Galleria At Houston And The Addition Of Several New-To-Market Luxury Tenants
Celine, La Perla,Tod's and The Webster To Join An Already Impressive List of 80 Retailers Only Found at The Galleria HOUSTON, Feb. 26, 2015 /PRNewswire/ -- Simon (NYSE: SPG), a leading global retail real estate company, announced a $30 million renovation of Houston Galleria's luxury wing to complement the previously announced construction of a new, state-of-the-art flagship Saks store, the addition of 110,000 square feet of new retail space and the creation of a 14,000 square foot, architectu... 
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02/11/15Krystal Zell Named Senior Vice President At Simon
Will Oversee Field Marketing, Customer Experience, Loyalty and Tourism INDIANAPOLIS, Feb. 11, 2015 /PRNewswire/ -- Simon®, a global leader in retail real estate, announced today that Krystal Zell has been named senior vice president of marketing.  In this newly created role, Zell will oversee the field marketing organization for all Simon Malls, The Mills® and Simon Premium Outlets® and will also be responsible for the company's customer experience, loyalty and tourism centers of excellence. ... 
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02/10/15Bay Area's Premier Outlet Shopping Center To Be Known As San Francisco Premium Outlets
LIVERMORE, Calif., Feb. 10, 2015 /PRNewswire/ -- Simon, a global leader in retail real estate, announced today that the Bay Area's premier outlet shopping center will be rebranded and named San Francisco Premium Outlets in conjunction with its major expansion. The 512,000 square-foot center, currently known as Livermore Premium Outlets, is located in the affluent East Bay area of northern California and offers savings of 25% to 65% every day at 130 leading designer and name brand outlet store... 
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02/04/15Local Shopper Wins Big At Simon's Ross Park Mall
Grand prize winner in Simon Rewards Program wins keys to a Mercedes-Benz PITTSBURGH, Feb. 4, 2015 /PRNewswire/ -- Shoppers all over the country have already enjoyed prizes, discounts, and other perks as a result of the recently launched Simon Rewards program. And now, Eugene Cresta of Gibsonia, Pennsylvania has won the Grand Prize: a three-year lease for a Mercedes-Benz CLA 250. Cresta accumulated Simon Rewards points for his shopping at Ross Park Mall, which has been offering the Simon... 
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01/30/15Simon Property Group Reports Fourth Quarter And Full Year 2014 Results And Raises Quarterly Dividend
INDIANAPOLIS, Jan. 30, 2015 /PRNewswire/ -- Simon, a leading global retail real estate company, today reported results for the quarter and twelve months ended December 31, 2014. Results for the Quarter Funds from Operations ("FFO") was $896.7 million, or $2.47 per diluted share, as compared to $894.8 million, or $2.47 per diluted share, in the prior year period. FFO per diluted share for the quarter includes a $0.04 impact from the Company's share of Klepierre's costs related to both the... 
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01/15/15Simon Adds The Mills® At Jersey Gardens And University Park Village To Its Portfolio
INDIANAPOLIS, Jan. 15, 2015 /PRNewswire/ -- Simon, a global leader in retail real estate, announced today it closed on the acquisition of two properties – Jersey Gardens in Elizabeth, New Jersey and University Park Village in Fort Worth, Texas.  The aggregate purchase price was $1.09 billion, including the assumption of existing mortgage debt.  The two properties were acquired in connection with the closing of Washington Prime Group's acquisition of Glimcher Realty Trust. Jersey Gardens, whic... 
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01/13/15Simon Property Group Announces Reporting Information For 2014 Distributions
INDIANAPOLIS, Jan. 13, 2015 /PRNewswire-FirstCall/ -- Simon, a leading global retail real estate company, announced today 2014 year-end tax reporting information.  Simon Property Group, Inc. Common Stock    CUSIP 828806109   Ticker Symbol:  SPG   % of Record 2/14 Record 5/16 Record 8/15 Record 11/14 Annual Dividend Dates Pmt 2/28 Pmt 5/30 Pmt 8/29 Pmt 11/28 Total... 
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01/05/15Simon Property Group Schedules Fourth Quarter 2014 Earnings Release And Conference Call
INDIANAPOLIS, Jan. 5, 2015 /PRNewswire/ -- Simon, a leading global retail real estate company, announced today that financial and operational results for the quarter ended December 31, 2014, will be released before the market opens on January 30, 2015.  The Company will host its quarterly earnings conference call and an audio webcast on January 30th at 11:00 a.m. Eastern Time. The live webcast will be available in listen-only mode at investors.simon.com.  Within the United States, listeners c... 
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