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simon Property Group (sPG)

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Simon Property Group, Inc. News Release

A Collection of Simon Property Group, Inc. News Release

Simon Property Group and Woodmont Outlets/EWB Development, LLC Receive Site Plan Approval by Chesterfield City Council on St. Louis Premium Outlets® in Chesterfield, Missouri
Tuesday May 22nd 2012 03:02:56 PM

INDIANAPOLIS, May 22, 2012 /PRNewswire/ -- Simon Property Group, Inc., (NYSE: SPG), the world's leading retail real estate company, Woodmont Outlets and EWB Development, LLC announced they have received approvals from the Chesterfield City Council for St. Louis Premium Outlets®, a new upscale outlet center in Chesterfield, Missouri. St. Louis Premium Outlets is a part of Chesterfield Blue Valley, a mixed-use development to include office space, hotel, restaurant and entertainment venues. Located on the west side of I-64/US Highway 40 south of the Daniel Boone Bridge, a first phase of approximately 350,000 square feet is projected to open in the fall of 2013.  The project is a joint vent...

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Simon Property Group, Calloway REIT, and SmartCentres Announce Second Premium Outlet Center® in Canada to Serve Montreal Area
Monday May 21st 2012 10:26:30 AM

INDIANAPOLIS, May 21, 2012 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, Calloway Real Estate Investment Trust ("Calloway") (TSX: CWT-UN) and SmartCentres announced plans to develop their second Premium Outlet Center® in Canada.  The center will be located in the Town of Mirabel, Quebec, approximately 20 miles north of Montreal.  The project, called Montreal Premium Outlets®, is a joint venture between Simon, Calloway and SmartCentres. Simon will own 50% of the project. The Mirabel site is located on Highway 15 at Notre Dame Street.  Phase 1 will be comprised of 350,000 square feet of gross leasable area and 80 stores.  Construct...

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Simon Property Group Announces Saks Fifth Avenue OFF 5TH to Open Seven Stores at New and Existing Premium Outlet Centers®
Monday May 14th 2012 02:05:13 PM

- Retailer to Also Move to New Location at Potomac Mills - INDIANAPOLIS, May 14, 2012 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, announced that Saks Fifth Avenue OFF 5TH will open a total of seven new stores in the next two years in its Premium Outlets® division including new centers and existing centers: New Centers: Expected Opening Merrimack Premium Outlets Merrimack, NH June 14, 2012 Phoenix Premium Outlets Chandler, AZ Spring 2013 St. Louis Premium Outlets Chesterfield, MO 2013 Tampa Premium...

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Simon Property Group Celebrates Moms With 'National Mom's Nite Out' at 120 Properties on Thursday, May 10
Tuesday May 8th 2012 09:01:07 AM

INDIANAPOLIS, May 8, 2012 /PRNewswire/ -- Simon Property Group, Inc. (NYSE:SPG), the world's leading retail real estate company announced that 120 of its malls coast-to-coast will help celebrate Mom's Nite Out on Thursday, May 10. Simon® is the only shopping center company to team up with the organizers of National Mom's Nite Out to celebrate Moms through this unique event. Several brands and organizations including Diet Coke, Dove Body Wash, Little Black Dress Vodka, StriVectin, and VISIT FLORIDA will participate in the event. While activities vary across the Simon portfolio of participating properties, all attendees will have the opportunity to participate in an evening filled wit...

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Simon Property Group Reports First Quarter Results
Friday April 27th 2012 07:04:00 AM

INDIANAPOLIS, April 27, 2012 /PRNewswire via COMTEX/ --Simon Property Group, Inc. (the "Company" or "Simon") (NYSE:SPG) today reported results for the quarter ended March 31, 2012. Net income attributable to common stockholders was $645.4 million, or $2.18 per diluted share, as compared to $179.4 million, or $0.61 per diluted share, in the prior year period. The increase on a per share basis was 257.4%. Funds from Operations ("FFO") was $648.7 million, or $1.82 per diluted share, as compared to $570.6 million, or $1.61 per diluted share, in the prior year period. The increase on a per share basis was 13.0%. "We are off to an excellent start in 2012 with the completion of t...

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Simon's Premium Outlets® Division Begins Construction of Shisui Premium Outlets®
Wednesday April 11th 2012 09:01:05 AM

INDIANAPOLIS, April 11, 2012 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, announced today that, in partnership with Mitsubishi Estate Co., Ltd., it began construction of Shisui Premium Outlets®  (Shisui Town, Inba District, Chiba Prefecture), the ninth Premium Outlet Center® in Japan.  Phase I, comprising 234,000 square feet of gross leasable area, is scheduled to open in spring 2013 with approximately 100 stores, including international brands, Japanese brands and restaurants.  Simon owns a 40% interest in the project. The 49-acre site for construction of Shisui Premium Outlets® is situated approximately one mile from the S...

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Simon Property Group and Calloway REIT Celebrate the Start of Construction on Toronto Premium Outlets® With Groundbreaking Ceremony on April 25
Tuesday April 10th 2012 09:01:07 AM

- Upscale Outlet Center to be Canadian Entry Point for Top U.S. Retailers and Brands - INDIANAPOLIS and TORONTO, April 10, 2012 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, and Calloway Real Estate Investment Trust ("Calloway") (TSX: CWT-UN), announced today that construction of Canada's first upscale outlet center will begin on April 25, 2012.  The first phase of the planned 500,000 square foot center will open in summer 2013. The project, called Toronto Premium Outlets®, is a 50/50 joint venture between Calloway and Simon. Toronto Premium Outlets will be located in the Town of Halton Hills on Highway 401 at Trafalgar Road ...

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Simon Property Group and BRMALLS Sign Agreement to Develop Outlet Centers in Brazil
Monday April 9th 2012 04:30:25 PM

- First Project to be in the State of Sao Paulo - RIO DE JANEIRO, April 9, 2012 /PRNewswire/ -- Simon Property Group, Inc. ("Simon", NYSE: SPG), the world's leading retail real estate company, and BR Malls Participacoes S.A. ("BRMALLS". Bovespa: BRML3), the largest retail real estate company in Latin America announced today that they signed a 50/50 Joint Venture Agreement to develop and own Outlet Centers in Brazil. The Joint Venture Agreement provides for the creation of a Brazilian entity that will be equally and jointly owned by BRMALLS and Simon to develop and own outlet centers in Brazil. The first outlet center of the Joint Venture (JV) is expected to be open in the State of Sao ...

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Simon Property Group Announces Saks Fifth Avenue OFF 5TH to Anchor Two New Premium Outlet Centers®
Tuesday April 3rd 2012 03:21:03 PM

INDIANAPOLIS, April 3, 2012 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, announced that Saks Fifth Avenue OFF 5TH will anchor two new centers in development in its Premium Outlets® division: Phoenix Premium Outlets and St. Louis Premium Outlets. Phoenix Premium Outlets in Chandler, Arizona, is currently under construction with a spring 2013 opening planned.  Located adjacent to the Wild Horse Pass Hotel & Casino in the Wild Horse Pass Development located on Interstate 10, south of Loop 202 - Santan Freeway at Exit 162, Wild Horse Pass Blvd. Phase 1 of the center will be comprised of 360,000 square feet housing appr...

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Simon Property Group Announces Grand Re-Opening of Opry Mills
Thursday March 29th 2012 11:00:39 AM

The largest outlet and value retail shopping destination in Tennessee now open for business with more to come NASHVILLE, Tenn., March 29, 2012 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, today announced the Grand Re-Opening of Opry Mills, the largest outlet and value retail, shopping, dining and entertainment destination in Tennessee. "We are thrilled to reopen Opry Mills, creating thousands of new jobs, generating tax revenues and attracting even more visitors to the Nashville area," said Gregg Goodman, president of The Mills, a Simon company. "With a great selection of outlet and value retail stores, paired with family dini...

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