simon property group


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Simon Property Group CEO David Simon David Simon (Credit: Mireya Acierto/Getty Images, iStock)

Retail rout continues as Simon furloughs a third of employees

 Simon Property Group, the nation’s largest mall owner, is furloughing 30 percent of its workforce, the latest in a...

Retail rout continues as Simon furloughs a third of employees
ICSC President Tom McGee (Credit: ICSC via YouTube)

ICSC requests federal help amid massive shutdowns

The International Council of Shopping Centers is requesting aid from the Trump administration amid a host of restaurants, retailers...

ICSC requests federal help amid massive shutdowns
David Simon of Simon Property Group, Land & Buildings Investment Mangement founder Jonathan Litt and Robert Taubman of Taubman Centers (Credit: Getty Images)

Simon is buying Taubman Centers

Simon Property Group, the country’s largest mall owner, is buying Taubman Centers, the smaller rival that it’s had its eye on for nearly two decades. The two companies announced Monday they had reached an...

Simon is buying Taubman Centers
Simon Property CEO David Simon and Forever 21 (Credit: Getty Images)

Forever 21 takeover group plans to keep struggling retailer open

The Simon Property Group-led partnership now poised to take over Forever 21 intends to keep the ailing retail chain...

Forever 21 takeover group plans to keep struggling retailer open
From left: Taubman's Robert Taubman, Macerich's Thomas O'Hern and Simon Property Group's David Simon (Credit: Getty Images) 

Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21

The news that Simon Property Group could buy bankrupt retailer Forever 21 has cost the mall landlord nearly $2...

Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21
From left: Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, and Forever 21 CEO Do Won Chang (Credit: Getty Images)

Forever 21’s biggest landlord could become its new owner

Last summer, struggling fast-fashion retailer Forever 21 reportedly reached out to its landlords to ask for investment in the...

Forever 21’s biggest landlord could become its new owner
Simon Property Group World Headquarters in Indianapolis (Credit: iStock)

REITs are embracing risk

Publicly-traded real estate firms have in recent years taken on cheaper, riskier debt in an effort to offset borrowing costs. The debt, known as commercial paper, has become increasingly popular for firms looking to...

REITs are embracing risk
From left: Simon Property Group David Simon, Forever 21 CEO Do Won Chang, and Brookfield CEO Bruce Flatt (Credit: Getty Images)

Forever 21 is in trouble. So some executives asked its landlords to pitch in, report says

Forever 21 is another major retailer attempting to fend off the woes of the retail industry. But its executives...

Forever 21 is in trouble. So some executives asked its landlords to pitch in, report says
Simon Property launches online platform to drive sales at outlet stores

Simon Property launches online platform to drive sales at outlet stores

Simon Property Group is launching an online shopping platform designed to drive sales to its nationwide network of outlet...

Simon Property launches online platform to drive sales at outlet stores
National Cheat Sheet: Amazon dumps NYC, Google plans $13B real estate investment, Sears survives… & more

National Cheat Sheet: Amazon dumps NYC, Google plans $13B real estate investment, Sears survives… & more

Amid opposition, Amazon says ‘adios’ to LIC site for HQ2 So long, Big Apple. Amazon has scrapped its plans to build a new campus...

National Cheat Sheet: Amazon dumps NYC, Google plans $13B real estate investment, Sears survives… & more
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