Company Description
Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (“REIT”).
Simon Property Group, L.P., or the Operating Partnership, is our majority-owned partnership subsidiary that owns all of our real estate properties and other assets.
In this package, the terms Simon, we, our, or the Company refer to Simon Property Group, Inc., the Operating Partnership, and its subsidiaries.
We own, develop and manage premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties.
At December 31, 2024, we owned or had an interest in 229 properties comprising 183 million square feet in North America, Asia and Europe.
We also owned an 88% interest in The Taubman Realty Group, or TRG, which owns 22 regional, super-regional, and outlet malls in the U.S. and Asia.
Additionally, at December 31, 2024, we had a 22.4% ownership interest in Klepierre, a publicly traded, Paris-based real estate company, which owns shopping centers in 14 European countries.
Country | United States |
Founded | 1960 |
Employees | 3,000 |
CEO | David Simon |
Contact Details
Address: 225 West Washington Street Indianapolis, Indiana 46204-3438 United States | |
Phone | 317 636 1600 |
Website | simon.com |
Stock Details
Ticker Symbol | SPG.PRJ |
Exchange | NYSE |
Stock Type | Preferred Stock |
Fiscal Year | January - December |
Reporting Currency | USD |
Key Executives
Name | Position |
---|---|
David Simon | Chief Executive Officer |
Brian McDade | Chief Financial Officer |
Steven Broadwater | Chief Operating Officer |
Thomas Ward | Head of Investor Relations |