US retail giant the Simon Property Group said on Wednesday it would close all its 194 US retail properties immediately to combat the Covid-19 virus, through to Sunday 29 March.
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World property W12Feb20 – Simon buys control of Taubman
Simon Property Group Inc is set to buy 80% of The Taubman Realty Group LP.
Read more →World property M24Mar14 – Westfield repositions, Simon chases innovation
Westfield sells 3 UK malls – Simon to invest in retail innovation
Read more →World property M3Feb14 – Prologis back in black, Simon stronger all-up
Asset disposals lift Prologis into black – Simon improves performance across board
Read more →Simon vies with Brookfield for troubled Mills
Published 6 February 2007 Listed US mall owner & developer Simon Property Group has been joined by a hedge fund to challenge Canadian property investor Brookfield Asset Management Inc to acquire mall owner The Mills Corp on its deathbed. Mills was active & seemingly strong until 2004, 12 years into its era as a listed […]
Read more →Simon earnings/share up 8.3% as it opens up malls
Published: 1 May 2005 US mall owner Simon Property Group Inc increased first-quarter net income 18% to $US57.1 million and diluted earnings/share by 8.3% to US26c/share. It increased diluted funds from operations by 31.3% to $333.8 million, or 16.7% to $US1.12/share. Occupancy increased in Simon’s regional malls by 40 basis points to 91.5%, Premium Outlet […]
Read more →Simon earnings rise 12.6% in quarter
US mall owner Simon Property Group Inc said it increased diluted funds from operations in the September (3rd) quarter by 12.6% to $US277.7 million, 11.8% to $US1.04/share. Comparable retail sales/ft² rose 5.8% to $US421/ft² and total sales/ft² also rose by 5.8%, to $US417/ft². Website: Simon Property Group’s 3rd quarter result
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