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Simon Property Group is a real estate investment trust (REIT) that owns, develops, and manages shopping malls, outlet centers, and mixed-use properties across North America, Europe, and Asia. It is the largest owner of shopping malls in the United States, with its headquarters in Indianapolis, Indiana. The company is led by CEO and Chairman of the Board David Simon.
Portfolio: The company's portfolio includes various types of retail properties, such as traditional malls, Premium Outlets, The Mills, and lifestyle centers. It also has a significant market capitalization and an interest in other companies like JCPenney through its partnership with Authentic Brands Group.
Leadership: David Simon serves as the Chairman and CEO. His family members still own a significant portion of the company.
Financials: As a REIT, Simon Property Group distributes more than 90% of its taxable income to shareholders. The company has a strong balance sheet and has been recognized for its financial performance, according to Investors.com.
Global presence: In addition to its properties in the United States, Simon Property Group has a global presence with assets in Europe and Asia.
CORPORATE HEADQUARTERS
Simon Property Group
225 West Washington Street
Indianapolis, IN 46204
+1 (317) 636-1600
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