1. Show article details.

    Mall Operators Begin Cultivating Startups

    DJ Business News – 7:21 PM ET 07/01/2015

    America's startup-investing frenzy has reached the shopping mall. On the prowl for retail innovation, Simon Property Group (SPG), the nation's largest mall developer, has funneled roughly $20 million into 18 startups, mostly over the past 15 months through its venture-capital arm, Simon Venture Group. In June, Simon invested $1 million in Union Station, an online bridesmaid's dress rental service.

  2. Show article details.

    Klepierre to sell Dutch malls worth 770 mln euros

    Reuters – 1:18 PM ET 06/24/2015

    Klepierre is selling nine Dutch shopping malls to Wereldhave for 770 million euros as the French mall operator refocuses its Dutch portfolio on the affluent Randstad region. Klepierre, which bought smaller Dutch rival Corio last year in a 7.2 billion euro takeover, said that it would mostly use the net cash proceeds from the deal, estimated at 654 million euros, to pay down debt.

  3. Show article details.

    Simon Announces Winners Of 'Simon Launch' Retail Startup Competition

    PR Newswire – 9:01 AM ET 06/24/2015

    NEW YORK, June 24, 2015 Simon®, the global leader in retail real estate and omni-channel retail, today announced the winners of the inaugural 'Simon Launch' retail startup competition.

  4. Show article details.

    Darden Cooks Up REIT to Spice Profit

    DJ Business News – 7:55 AM ET 06/23/2015

    The owner of the Olive Garden (DRI) and LongHorn Steakhouse restaurants hopes to spice up profits by jettisoning much of its real estate, a move that could set a precedent in an industry increasingly shifting to an "asset-light" model of ownership. Darden Restaurants Inc. (DRI) said on Tuesday it would transfer about 430 of its more than 1,500 restaurants to a publicly traded real-estate investment trust and lease them back, the first major restaurant chain to take such a step after prodding...

  5. Show article details.

    Simon Property Group Schedules Second Quarter 2015 Earnings Release And Conference Call

    PR Newswire – 8:30 AM ET 06/18/2015

    INDIANAPOLIS, June 18, 2015 Simon, a leading global retail real estate company, announced today that financial and operational results for the quarter ending June 30, 2015, will be released before the market opens on July 24, 2015. The live webcast will be available in listen-only mode at investors.simon.com.  Within the United States, listeners can also access the call by dialing 1-800-237-9752.

  6. Show article details.

    Simon And Refinery29 Elevate The Millennial Shopping Experience With A Music Festival At The Mall

    PR Newswire – 8:00 AM ET 06/16/2015

    INDIANAPOLIS and NEW YORK, June 16, 2015 Today, Simon and Refinery29 announced Style Festival, a six-city nationwide tour that will transform mall shopping into a summer festival experience with fashion "stages," beauty bars, and live musical performances. This is the second year of collaboration between the two brands, which launched their partnership in Fall 2014 with The Shopping Block.

  7. Show article details.

    Hudson's Bay to Buy German Chain Galeria Kaufhof

    DJ Business News – 3:55 AM ET 06/15/2015

    FRANKFURT-Hudson's Bay Co., the owner of Saks Fifth Avenue, said it would buy Germany's Galeria Kaufhof, combining two storied department-store chains in a deal valued at €2.42 billion. Toronto-based Hudson's Bay-which operates its namesake department stores in Canada and the Lord& Taylor and Saks chains in the U.S.-has been in talks with German retailer Metro AG (MTAGF) to buy the 135- year-old Galeria Kaufhof and its Belgian subsidiary for months. It was bidding against...

  8. Show article details.

    Christian Louboutin Slated To Open First Location In Houston At The Galleria

    PR Newswire – 8:00 AM ET 06/10/2015

    HOUSTON, June 10, 2015 Simon, a leading global retail real estate company, announced that Christian Louboutin will join the luxury lineup at The Galleria, Houston's premiere shopping and tourist destination.

  9. Show article details.

    Simon Announces Town Center At Sawgrass, A New Full-Price, Lifestyle Shopping Destination At World-Renowned Sawgrass Mills

    PR Newswire – 9:18 AM ET 06/09/2015

    SUNRISE, Fla. Sawgrass Mills is the largest and most productive retail project in the State of Florida. Visited last year by tourists from over 100 countries, it is also Florida's second largest tourist attraction.

  10. Show article details.

    Value seen in U.S. prison stocks even as REITs lose favor

    Reuters – 10:10 AM ET 06/08/2015

    Could prison stocks be poised for a breakout? The small and controversial sector of for-profit prison companies, which operate as real estate investment trusts, have been under pressure this year, underperforming the broader REIT sector, which has itself lagged behind the general market.

  11. Show article details.

    Fitch Rates Washington Prime Group, L.P.'s $500MM Term Loan due 2020 'BBB-'; Bridge Loan Repaid

    Business Wire – 10:09 AM ET 06/05/2015

    Fitch Ratings has assigned a credit rating of 'BBB-' to the $500 million unsecured term loan due 2020 entered into by Washington Prime Group, L.P., a subsidiary of WP Glimcher Inc. (WPG). The company intends to use the proceeds to repay in full the outstanding indebtedness under, and to terminate, the bridge term loan agreement dated Jan. 15, 2015 and for other corporate purposes. KEY RATING DRIVERS.

  12. Show article details.

    Tanger Outlet Centers and Simon Announce Ground Breaking Celebration for New Outlet Center in Columbus

    PR Newswire – 4:30 PM ET 06/03/2015

    GREENSBORO, N.C., June 3, 2015 Tanger Factory Outlet Centers, Inc. (SKT) and Simon announced today that the partners will host an official Ground Breaking Ceremony on June 25, 2015, to celebrate the start of construction on a new outlet location serving the Delaware County area in Columbus.

  13. Show article details.

    Simon Opening NRG EVgo Electric Vehicle Charging Stations At Four Of Western Washington's Premier Shopping Destinations

    PR Newswire – 9:00 AM ET 05/27/2015

    SEATTLE, May 27, 2015Electric Vehicle drivers are now able to plug in and charge their cars while they shop or grab a bite at four of Western Washington's premier retail destinations. "Simon is committed to providing sustainable amenities for our customers and the opening of multiple EV charging stations is a great example of that," said Mona Benisi, Senior Director of Sustainability for Simon.

  14. Show article details.

    Simon Expands At Key Properties Across U.S.

    PR Newswire – 8:00 AM ET 05/15/2015

    LAS VEGAS, May 15, 2015As nearly 40,000 professionals converge this weekend in Las Vegas for the RECon Global Retail Real Estate Convention, Simon, the global leader in retail real estate, announces plans to expand several marquee properties, underscoring its commitment to continually enhance its portfolio nationwide.

  15. Show article details.

    Simon Property Group Opens Expansion Of Las Vegas North Premium Outlets

    PR Newswire – 12:00 PM ET 05/14/2015

    LAS VEGAS, May 14, 2015Simon Property Group, Inc. (SPG), a global leader in retail real estate, announced today that it has opened a 25-store expansion of Las Vegas North Premium Outlets®, one of the most productive and well-known outlet centers in North America.

  16. Show article details.

    Higher Rental Income, More Shoppers Propel Westfield

    DJ Business News – 11:15 AM ET 05/14/2015

    A milder winter in some parts of the U.S. and an improving economy encouraged shoppers to spend more in Westfield Corp.' s malls at the start of the year, helping the company boost rental income in cities like New York and Chicago. Westfield said retail sales at its mostly U.S. shopping malls rose significantly in the first quarter as American shoppers ventured out more often and fretted less about the looming prospect of higher interest rates. Sales in specialty stores at...

  17. Show article details.

    Benign U.S. Weather Lifts Westfield

    DJ Business News – 4:06 AM ET 05/14/2015

    SYDNEY--A mild U.S. winter and an improving economy encouraged shoppers to spend more in Westfield Corp.' s malls at the start of the year, helping the company boost rental income in cities like New York and Chicago. Westfield said retail sales at its mostly U.S. shopping malls rose significantly in the first quarter as the benign winter led American shoppers to venture out more often and fret less about the looming prospect of higher interest rates. Sales in specialty stores at...

  18. Show article details.

    BNP Paribas Sells 7% Stake in Klepierre for EUR870 Million

    DJ Business News – 3:42 AM ET 05/07/2015

    PARIS--French bank BNP Paribas SA Thursday said it sold a 7% stake in real estate group Klepierre SA (KLPEF) for 870 million euros in a private placement to institutional investors. Simon Property Group Inc. (SPG), which already owned 18.3% in Klepierre (KLPEF), bought 2% of the company's shares, BNP Paribas (BNPQF) said in a statement. The bank sold the stake at EUR39.60 a share, or 4.5% below the closing price on Wednesday.

  19. Show article details.

    BNP Paribas raises 870 mln eur in Klepierre stake sale

    Reuters – 2:08 AM ET 05/07/2015

    BNP Paribas said on Thursday that it had placed 22 million shares it owned in Klepierre at 39.60 euros each, raising 870 million euros for the French bank. The bank said that the sale, via a private placement with institutional investors, would have a positive impact of 5 basis points on its common equity tier one ratio, assuming a pay-out ratio of 45 percent.

  20. Show article details.

    BNP Paribas placing Klepierre shares at 39.40-39.60 eur/shr- traders

    Reuters – 1:46 AM ET 05/07/2015

    French bank BNP Paribas is placing 22 million shares its owns in French shopping mall operator Klepierre at 39.40 to 39.60 euros per share, traders said on Thursday. BNP Paribas said on Wednesday that it was selling the shares, equivalent to 7 percent of Klepierre's capital, in a private placement with institutional investors.


Today's and Upcoming Events

  • Jul

    SPG to announce Q2 earnings Before Market (Confirmed)

  • Jul

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Past Events (last 90 days)

  • May

    SPG ex-Dividend for $1.50 on 5/13/2015

    • Announce Date: 4/24/2015
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    • Pay Date: 5/29/2015
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