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Simon Property Group


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Earnings Preview: Simon Property Group

Simon Property Group (SPG), a REIT, is expected to report Q2 earnings before market open Monday, July 28, with a conference call scheduled for 11:00 am ET. Guidance Analysts are looking for EPS of $1.49 on revenue of $884.98M. The consensus range for EPS is $1.46 to $1.54, while the consensus range for revenue is $814.15M to $917.30M, according to First Call. Complete Story »

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New managers named at Greenwood Park Mall

GREENWOOD » Simon Property Group has named a new management team at Greenwood Park Mall as work continues on an outdoor addition. Brian Nelson, who spent eight years at Simon corporate headquarters, is mall manager.

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New managers at Greenwood Park Mall

Simon Property Group has named a new management team at Greenwood Park Mall as work continues on an outdoor addition at the Johnson County retail destination.

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Developer has "grand' plans for Katy area

A new upscale outdoor mall featuring national and local retailers is headed to the Katy area. Simon Property Group, the owners of Katy Mills Mall, is planning to build a 1.1-million-square-foot mall on the north side of the Katy Freeway near the Grand Parkway and Mason Road.

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Simon's Chelsea Division Expands Sano Premium Outlets(R)

INDIANAPOLIS, July 15 -- Simon Property Group, Inc. (NYSE: SPG) the country's largest owner, developer and manager of high quality retail real estate announced today that its Chelsea outlet division opened the fourth phase of Sano Premi...

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Mall manager promoted

INDIANAPOLIS The mall manager's position at Washington Square Mall has been vacant since last week, when Kevin Candlish took another job with Simon Property Group. He now will oversee two malls, one in Lafayette and the other in Kokomo. "Kevin was promoted," said Les Morris, a Simon spokesman. "He was named the Simon field employee of the year in 2006.

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Holders of Simon Property Group Series I Preferred Stock May Elect to Convert During 2008 Third Fiscal Quarter

INDIANAPOLIS, June 30 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (the "Company") (NYSE: ) today announced that holders of the Company's Series I 6% Convertible Perpetual Preferred Stock (NYSE: ) ("Preferred Stock") may elect to convert their shares during the quarter beginning on July 1, 2008 and ending on September 30, 2008 because the closing sale price of the Company's Common Stock exceeded...

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Simon plans to develop outlet mall near Cincinnati

CINCINNATI » Simon Property Group announced Wednesday that its Chelsea outlet division has begun constuction of Cincinnati Premium Outlets, a 400,000-square-foot upscale outlet shopping center in Monroe, Ohio. Chelsea operates 47 premium outlets, including one in Edinburgh. (Star report)

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Simon Property breaks ground on Cincinnati Premium Outlets in Monroe

Chelsea, a division of Simon Property Group, has broken ground on Cincinnati Premium Outlets, a 120-store outlet center in Monroe. (SPG)

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New law enforcement vehicles planned for Simon properties

INDIANAPOLIS » Simon Property Group plans to deploy a new type of security vehicle at its malls and retail properties nationwide. The T3 Motion makes officers more visible. Simon didn't say which of its 383 properties will use the security vehicles, in which the user stands in a modified tricycle. (Star report)

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Simon Property Group turning Mills malls into hybrids

But full-price stores in outlet centers run the risk of diluting their brand's image. That's why Limited Brands Inc. was reluctant for many years to locate its Victoria's Secret stores there, said Jamie Bersani, executive vice president of retail real estate of Limited Brands: "We had concerns that they were too discount-oriented."

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Simon sees the light in energy savings

It's lights out for Simon Property Group. Before investors start to panic, rest assured that the Indianapolis-based mall owner, developer and manager isn't closing shop.

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Simon Property Group Enlarging Two Centers

Simon Property Group Inc. is expanding two of its retail centers in Texas: The Domain, an upscale, mixed-use development in Austin, and the Grapevine Mills outlet mall next to Dallas-Fort Worth International Airport.

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Simon Property Group Announces Domain II

- More World-Class Retail and Restaurants Will Open in Austin - - The Westin at The Domain Will Debut Too - AUSTIN, Texas, May 19 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: ), the country's largest owner, developer and manager of high quality retail real estate, announced today a second phase of its Domain project, a tremendously successful mixed-use shopping center which opened...

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Retail properties dressed for distress

NEW YORK (Reuters)- For David Simon, chief executive of Simon Property Group , the largest U.S. owner of malls and shopping centers, retail property may be less about dress this year and more about distress.