Simon Property Group, Inc. (
NYSE:
SPG), also known as SIMON, an
S&P 500 company headquartered in
Indianapolis, Indiana, is the largest developer of
shopping malls in the
United States. Simon Property Group, Inc. operates as a
real estate investment trust (REIT) engaged in the ownership, development and management of high-quality retail real estate, primarily regional malls, Premium Outlet Centers and community/lifestyle centers. Through its subsidiary partnership, it owns or has an interest in at least 380 properties in the United States comprising more than 258 million square feet of gross leasable area in 39 states, plus Puerto Rico. Simon Property Group also holds interests in 52 European shopping centers in France, Italy and Poland; five Premium Outlet Centers in Japan; one Premium Outlet Center in South Korea and one Premium Outlet Center in Mexico. It currently has ownership interests in some of the most high-profile shopping malls in the world.
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