About Simon Property Group, Inc. (NYSE:SPG)
Simon Property Group, Inc. (NYSE:SPG) is a self-administered and self-managed real estate investment trust (REIT) specializing in premier shopping, dining, entertainment, and mixed-use destinations.
Company Structure
- Operating Partnership: Simon Property Group, L.P. is the majority-owned subsidiary that holds all real estate properties and assets.
- Terminology: "Simon," "we," "our," or "the Company" refers to Simon Property Group, Inc., its Operating Partnership, and subsidiaries.
Portfolio Highlights
- Property Types: Malls, Premium Outlets, The Mills, and International Properties.
- Global Footprint (as of Dec 31, 2024): 229 properties spanning 183 million square feet across North America, Asia, and Europe.
- Taubman Realty Group (TRG): 88% ownership stake in 22 regional, super-regional, and outlet malls in the U.S. and Asia.
- Klepierre Stake: 22.4% ownership in this Paris-based real estate company, which operates shopping centers in 14 European countries.