|04/17/15||Shisui 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... |
|04/02/15||Simon 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.
Simon is a global leader ... |
|03/31/15||Simon 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|INDIANAPOLIS, March 31, 2015 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) today confirmed that it has withdrawn its offer to acquire the outstanding shares of The Macerich Company (NYSE: MAC) for $95.50 per share, in light of the decision by the Macerich Board of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.
Simon is a global leader in retail real estate ownership, management and development and a S&P100 company (Simon Property Group, NYSE: SPG). Ou... |
|03/25/15||Simon 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... |
|03/20/15||Simon 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Offer Will Be Withdrawn on April 1 If No Engagement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... |
|03/19/15||Simon, 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... |
|03/17/15||Simon 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 ... |
|03/12/15||Ten 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... |
|03/10/15||Simon 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... |
|03/09/15||Simon 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... |
|03/02/15||Simon 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... |
|02/26/15||Simon 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.... |
|02/26/15||Simon 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... |
|02/11/15||Krystal 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. ... |
|02/10/15||Bay 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... |
|02/04/15||Local 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... |
|01/30/15||Simon 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... |
|01/15/15||Simon 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... |
|01/13/15||Simon 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
Ticker Symbol: SPG
|01/05/15||Simon 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... |