2018 Press Releases


06/25/18Tommy John To Expand Retail Footprint With Simon®
Comfort-Focused Lifestyle Brand to Open Second Physical Location With Simon at SouthPark this summer NEW YORK, June 25, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced Tommy John will open their second store at SouthPark, Charlotte's definitive leader for luxury shopping. The Tommy John store at SouthPark will welcome customers later this summer in 3,000 square feet between... 
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06/21/18Simon Property Group Announces Brian McDade To Be New Chief Financial Officer
INDIANAPOLIS, June 21, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, announced today that Brian McDade will succeed Andy Juster as the Company's Executive Vice President and Chief Financial Officer on October 1, 2018. Brian has been with the Company for 14 years, serving in various senior finance and accounting roles with increasing complexity and responsibility, most recently serving as the Company's Senior Vice President and ... 
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05/31/18Simon To Transform Former Sears Locations Throughout Its Portfolio Into Exciting New Retail, Fitness, Dining And Entertainment Concepts
INDIANAPOLIS, May 31, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, announced today that it expects to continue to reclaim Sears locations throughout its portfolio and execute transformational redevelopments that will significantly enhance these shopping destinations. "As Sears continues to liquidate its stores, it's a terrific opportunity for us to recapture this real estate and redevelop i... 
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05/24/18Simon® Celebrates Members of Armed Forces with Year-Round Military Appreciation Programming
Premier shopping destinations nationwide recognize servicemen and women with special amenities, discounts and military holiday events INDIANAPOLIS, May 24, 2018 /PRNewswire/ -- As we approach the Memorial Day holiday, Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced it has developed programming at its Simon Malls, Mills and Premium Outlets centers nationwide to show appreciation and support for servicemen and women in local communit... 
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05/21/18Simon to Install Ultra-Fast Electric Vehicle Chargers at more than 30 Shopping Centers
Consumers able to enjoy convenience of charging their electric vehicles while shopping as industry leader teams up with Electrify America INDIANAPOLIS, May 21, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, announced today it is teaming up with Electrify America to install electric vehicle charging stations at more than 30 Simon centers throughout the U.S. All of Simon's domestic platforms - Malls, The Mills,™ and Premium Out... 
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05/21/18The Transformation Of The Shops At Riverside Begins Exciting Third Phase
HACKENSACK, N.J., May 21, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced the third and final phase of its transformative re-design of The Shops at Riverside, northern New Jersey's premier luxury shopping center. Phase three includes a comprehensive redevelopment of the south mall adjacent to Bloomingdale's to create a luxury loop centered around the Grand Court and featuring a... 
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05/18/18Simon Announces New Customer Service Initiatives To Elevate The Shopper Experience
INDIANAPOLIS, May 18, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, recently launched a fleet of new initiatives as part of its $4.0+ billion plan to transform the future of retail. "We are single-mindedly focused on introducing a range of cutting-edge innovations to elevate the shopper experience and make it as enjoyable and productive as possible. We recognize that our shopper's time is p... 
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05/17/18Marriott International And Simon Expand Relationship
From South Florida to New York's Long Island, Marriott plans to open at least five hotels at Simon shopping centers across North America over the next several years BETHESDA, Md. and INDIANAPOLIS, May 17, 2018 /PRNewswire/ -- Marriott International and Simon announced their plans to open at least five new hotels at Simon shopping centers over the next several years. From South Florida to New York's Long Island, Simon's premier shopping, dining, entertainment and mixed-use destinations ar... 
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05/17/18Simon To Open Seven UNTUCKit Stores At Key U.S. Locations In 2018
INDIANAPOLIS, May 17, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, announced today it will open seven UNTUCKit stores throughout its portfolio at key locations in the U.S. in 2018.  UNTUCKit is one of the fastest-growing retail brands in the country and at the forefront of a trend among native e-commerce brands to grow their business via a physical store presence. UNTUCKit plans to open 25 ... 
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05/16/18Simon Transforms Global Retail With A $4.0B Investment To Create Experiential Destinations Of The Future
INDIANAPOLIS, May 16, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, has launched a $4.0+ billion plan to create innovative, new lifestyle experiences across multiple Simon properties including malls, Premium Outlets®, and Mills®. "The world of retail is ever-changing, and Simon is thriving," notes David Simon, Chairman and Chief Executive Officer of Simon Property Group. "As a global leader... 
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05/02/18Premium Outlet Collection Edmonton International Airport Celebrates Its Grand Opening
Ivanhoé Cambridge's and Simon's fully-enclosed outlet shopping center opens to offer signature guest services and premium shopping experience EDMONTON, Alberta, May 2, 2018 /PRNewswire/ -- Premium Outlet Collection Edmonton International Airport (EIA), a joint project from industry leaders Ivanhoé Cambridge and Simon, officially opened its doors today to much excitement from the public and VIPs. The only fully enclosed outlet shopping center in the Edmonton Metropolitan area and LEED® pre-cer... 
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04/27/18Simon Property Group Reports First Quarter 2018 Results and Raises Full Year 2018 Guidance
INDIANAPOLIS, April 27, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today reported results for the quarter ended March 31, 2018. Results for the Quarter Net income attributable to common stockholders was $620.7 million, or $2.00 per diluted share, as compared to $477.7 million, or $1.53 per diluted share, in the prior year period.  The first quarter 2018 results include net gains primarily rela... 
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04/12/18Simon Property Group Schedules First Quarter 2018 Earnings Release And Conference Call
INDIANAPOLIS, April 12, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that financial and operational results for the quarter ending March 31, 2018, will be released before the market opens on April 27, 2018. The Company will host its quarterly earnings conference call and an audio webcast on April 27 at 8:30 a.m. Eastern Time. The live webcast will be available in listen-only mode at in... 
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04/09/18Simon Begins Transformational Redevelopments At Five Properties
Exciting New Creative Plans Announced for Former Sears INDIANAPOLIS, April 9, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, has announced transformational redevelopment plans at five key locations. "We are excited to redevelop the former Sears stores with uses that will benefit the community and the existing retailers in these destinations," said Michael E. McCarty, Chief Operating Offic... 
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03/20/18Simon Property Group Announces Retirement Of Andrew Juster
INDIANAPOLIS, March 20, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that Andrew Juster, Executive Vice President and Chief Financial Officer, will retire at the end of this year.  "It has been an honor working with Andy, and I could not have asked for a better partner throughout his long-standing tenure," said David Simon, Chairman and Chief Executive Officer. "Andy's tireless dedica... 
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03/01/18Simon Property Group To Present At Citi 2018 Global Property CEO Conference
INDIANAPOLIS, March 1, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today announced that Richard S. Sokolov, President and Chief Operating Officer, will provide an overview of the Company's business to the investment community at the Citi 2018 Global Property CEO Conference in Hollywood, Florida on Monday, March 5, 2018 at 10:55 a.m. Eastern Time. A live audio webcast of the presentation will be acces... 
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02/15/18Simon Property Group Announces Amended And Extended $3.5 Billion Revolving Credit Facility
INDIANAPOLIS, Feb. 15, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today announced that it has amended and extended its $3.5 billion unsecured multi-currency revolving credit facility.  The newly refinanced facility, which can be increased to $4.5 billion during its term, will initially mature on June 30, 2022 and can be extended for an additional year to June 30, 2023 at the Company's sole option.  The interest rate on the new revolver... 
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02/12/18Simon Property Group Announces Appointment of Marta R. Stewart to Board of Directors
INDIANAPOLIS, Feb. 12, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that Marta R. Stewart has been appointed to its Board of Directors.  Ms. Stewart is a highly accomplished senior finance executive who spent most of her career at Norfolk Southern Corporation, retiring as Executive Vice President and Chief Financial Officer in 2017. While there, she helped craft Norfolk Southern's str... 
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01/31/18Simon Property Group Reports Fourth Quarter And Full Year 2017 Results And Raises Quarterly Dividend
INDIANAPOLIS, Jan. 31, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today reported results for the quarter and twelve months ended December 31, 2017. Results for the Year1  Net income attributable to common stockholders was $1.945 billion, or $6.24 per diluted share, as compared to $1.836 billion, or $5.87 per diluted share, in the prior year period. The 2017 and 2016 results include charges rela... 
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01/16/18Simon Property Group Schedules Fourth Quarter 2017 Earnings Release And Conference Call
INDIANAPOLIS, Jan. 16, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that financial and operational results for the quarter ending December 31, 2017, will be released before the market opens on January 31, 2018.  The Company will host its quarterly earnings conference call and an audio webcast on January 31 at 8:30 a.m. Eastern Time. The live webcast will be available in listen-only mod... 
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01/12/18Simon Property Group Announces Reporting Information For 2017 Distributions
INDIANAPOLIS, Jan. 12, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today 2017 year-end tax reporting information.  Simon Property Group, Inc. Common Stock  CUSIP 828806109 Ticker Symbol: SPG % of Record 2/14 Record 5/17 Record 8/17 Record 11/16 Annual Dividend Dates Pmt 2/28 Pmt 5/31 Pmt 8/31 Pmt 11/30... 
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