INDIANAPOLIS, March 5, 2009 /PRNewswire-FirstCall via COMTEX/ -- Simon Property Group, Inc.
(NYSE: SPG), the country's largest owner, developer and manager of high
quality retail real estate, has been named America's Most Admired Company in
the real estate industry according to FORTUNE magazine. As part of FORTUNE's
27th annual list of America's Most Admired Companies in its March 16th issue,
SPG emerged as the industry leader for the third time this decade.
Simon Property Group, Inc. is an S&P 500 company and the largest public
U.S. real estate company. Simon is a fully integrated real estate company
which operates from five retail real estate platforms: regional malls, Premium
Outlet Centers(R), The Mills(R), community/lifestyle centers and international
properties. It currently owns or has an interest in 386 properties comprising
263 million square feet of gross leasable area in North America, Europe and
Asia. The Company is headquartered in Indianapolis, Indiana and employs more
than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on
the NYSE under the symbol SPG. For further information, visit the Company's
website at http://www.simon.com .
FORTUNE's Most Admired list is the definitive report card on corporate
reputations. Working with its partners at Hay Group, the study started with
some 1,400 companies: the Fortune 1,000 -- the 1,000 largest U.S. companies
ranked by revenue; non-U.S. companies in Fortune's Global 500 database with
revenues of $10 billion or more; and the top foreign companies operating in
the U.S.
The companies were then sorted by industry and a selection was made of the
15 largest for each international industry and the ten largest for each U.S.
industry. To create the 64 industry lists, Hay Group asked executives,
directors, and analysts to rate companies in their own industry on nine
criteria, from investment value to social responsibility. This year only the
best are listed: A company's score must rank in the top half of its industry
survey.
SOURCE Simon Property Group, Inc.
http://www.simon.com
