2018 Press Releases


12/05/18Simon and Electrify America Launch California's First 350 kW Electric Vehicle Charging Station
Electrify America Ultra-Fast Chargers Debut at San Francisco Premium Outlets SAN FRANCISCO and INDIANAPOLIS, Dec. 5, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced its San Francisco Premium Outlets is California's first location for electric vehicle (EV) charging systems featuring blindingly fast recharging speeds up to 350 kilowatts (kW) from Electrify America. As part of it... 
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11/27/18Holiday Traffic Jumps At Simon Centers
Nation's Leading Mall Operator Reports 2% Uptick Over Thanksgiving Weekend INDIANAPOLIS, Nov. 27, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced exceptionally strong traffic at its properties over the start of the holiday shopping season. Data pulled from across its portfolio of malls, Premium Outlets and Mills centers showed a healthy traffic increase of 2% compared to the s... 
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11/15/18Toronto Premium Outlets Unveils Exceptional Luxury Line-Up
Gucci, Montblanc, Max Mara, Zadig et Voltaire and more now open TORONTO, Nov. 15, 2018 /PRNewswire/ -- Toronto Premium Outlets announced an extraordinary line-up of luxury brands for its 140,000 square-foot expansion opening today. The joint venture between Simon and SmartCentres boasts over 500,000 square feet of retail space with more than 130 designer outlets. Shoppers can now enjoy enhanced amenities, elevated food offerings and exciting new brands all in one convenient space. ... 
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11/14/18'Launchpad' Lifts Off At Six Iconic Simon Properties
New platform brings innovation to market faster than ever INDIANAPOLIS, Nov. 14, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations today announced an exciting new activation showcasing the latest products and trends for shoppers to explore at key locations. 'Launchpad By Simon' is a scalable retail platform for both emerging and established brands to pilot new products and expedite the hottest new trends at Simon's highly produ... 
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11/08/18Desert Hills Premium Outlets Announces New Luxury Brands
Top Tourist Destination Will Welcome Eton, John Hardy, PAIGE, and Sergio Rossi in November CABAZON, Calif., Nov. 8, 2018 /PRNewswire/ -- Simon®, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced that Desert Hills Premium Outlets, already home to the largest selection of luxury brands in California, will add five new world-class brands in November as part of its highly-anticipated expansion. Three of the ne... 
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11/07/18Revtown USA & b8ta Debut At The Edit Roosevelt Field
Simon Launches Revtown's First Physical Store For Performance Denim at Innovative Shopping Space GARDEN CITY, N.Y., Nov. 7, 2018 /PRNewswire/ -- Simon (NYSE: SPG), a global leader in premier shopping, dining and entertainment destinations, announced Revtown USA as the latest brand to launch at The Edit Roosevelt Field, Simon's turnkey platform for new retail concepts. Founded by three former Under Armour executives, Revtown has quickly pioneered the new menswear category of Performance Denim.... 
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10/25/18Simon Property Group Reports Record Third Quarter 2018 Results And Raises Full Year 2018 Guidance
INDIANAPOLIS, Oct. 25, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today reported results for the quarter ended September 30, 2018. Results for the Quarter Net income attributable to common stockholders was $556.3 million, or $1.80 per diluted share, as compared to $513.8 million, or $1.65 per diluted share, in the prior year period. Funds from Operations ("FFO") was $1.086 billion, or $3... 
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10/18/18Simon Breaks Ground For Phipps Plaza Mixed-Use Transformation
Simon executives, Nobu senior leadership, and City of Atlanta officials gather at Phipps Plaza to announce transformative project ATLANTA, Oct. 18, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, welcomed Nobu senior leadership to Atlanta today as the organizations officially broke ground on Phipps Plaza's highly anticipated mixed-use redevelopment. Atlanta city officials joined the ceremony this morning to mark the official start of con... 
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10/09/18Simon Property Group Schedules Third Quarter 2018 Earnings Release And Conference Call
INDIANAPOLIS, Oct. 9, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that financial and operational results for the quarter ending September 30, 2018, will be released before the market opens on October 25, 2018.  The Company will host its quarterly earnings conference call and an audio webcast on October 25 at 8:30 a.m. Eastern Time. The live webcast will be available in listen-only mode ... 
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10/08/18NHL Seattle And Simon Join To Build Team Headquarters And Training Center At Northgate
SEATTLE, Oct. 8, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment, and mixed-use destinations, today announced it is joining with NHL Seattle, the group closing in on obtaining an NHL franchise for the city, to have the team's corporate headquarters and Training Center become a part of the re-imagined Northgate community. Representatives of NHL Seattle and Simon announced the news during an event held this morning at North... 
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10/01/18Simon Property Group Names Adam Reuille Senior Vice President And Chief Accounting Officer And Steven Broadwater Senior Vice President - Financial Reporting & Operations
INDIANAPOLIS, Oct. 1, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, announced today that Adam J. Reuille, age 43, has been promoted to serve as the Company's Senior Vice President and Chief Accounting Officer, effective October 1, 2018.  Steven K. Broadwater takes on new responsibilities as the Company's Senior Vice President – Financial Reporting & Operations.  Mr. Reuille has been with Simon for more than 8 years, most re... 
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09/27/18Simon Opens Denver Premium Outlets®
THORNTON, Colo., Sept. 27, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations today announced the opening of Denver Premium Outlets®, bringing the world's preeminent outlet shopping experience to the greater Denver area. Denver Premium Outlets offers shoppers of all ages an unmatched selection of the world's leading brands with savings up to 65 percent off on fashion, accessories, footwear, athletic... 
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09/18/18Noble And Simon Open Homewood Suites by Hilton Edina Minneapolis
The All-Suite Hotel is part of Southdale Center's Mixed-Use ComplexATLANTA and INDIANAPOLIS, Sept. 18, 2018 /PRNewswire/ -- Noble Investment Group ("Noble"), and Simon®, a global leader in premier shopping, dining, and mixed-use destinations, (NYSE: SPG), announces the opening of the Homewood Suites by Hilton Edina Minneapolis, located in the heart of Edina as part of Southdale Center's mixed-use complex. The hotel is proximate to the corporate headquarters of major emplo... 
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09/11/18Macerich And Simon Form Joint Venture To Create Los Angeles Premium Outlets™
- State-of-the-Art High Quality Outlet Destination to Take Advantage of High Density, Affluent Location-SANTA MONICA, Calif. and INDIANAPOLIS, Sept. 11, 2018 /PRNewswire/ -- Macerich (NYSE:MAC), one of the nation's leading owners, operators and developers of major retail properties in top markets, and Simon (NYSE:SPG), a global leader in premier shopping, dining, entertainment, and mixed-use destinations, today announced the formation of a 50/50 joint venture to create Los Angeles Premium Outlet... 
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08/20/18Small Batch And Osteria Morini To Debut At Roosevelt Field
Chef-Driven Concepts from Tom Colicchio and Michael White Coming to Long Island GARDEN CITY, N.Y., Aug. 20, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment, and mixed-use destinations, is pleased to welcome two new restaurants from highly acclaimed chefs to Roosevelt Field. Small Batch, the newest restaurant concept from Tom Colicchio and Crafted Hospitality, will open its doors this fall and Osteria Morini, The Altamarea Group and Chef Michael White's f... 
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07/30/18Simon Property Group Reports Record Second Quarter 2018 Results And Raises Quarterly Dividend And Full Year 2018 Guidance
INDIANAPOLIS, July 30, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, today reported results for the quarter ended June 30, 2018. Results for the Quarter Net income attributable to common stockholders was $547.0 million, or $1.77 per diluted share, as compared to $382.0 million, or $1.23 per diluted share, in the prior year period. Results for the second quarter 2017 included a charge of $0.36 per... 
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07/13/18Simon Property Group Schedules Second Quarter 2018 Earnings Release And Conference Call
INDIANAPOLIS, July 13, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining and entertainment destinations, announced today that financial and operational results for the quarter ending June 30, 2018, will be released before the market opens on July 30, 2018.  The Company will host its quarterly earnings conference call and an audio webcast on July 30 at 8:30 a.m. Eastern Time. The live webcast will be available in listen-only mode at inves... 
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06/27/18Happy Returns Program Expanding At Simon® Centers
INDIANAPOLIS, June 27, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced the expansion of its Happy Returns service to enable more shoppers to return online purchases at participating Simon Guest Services locations for immediate refunds. "We are thrilled to be Happy Returns' retail venue of choice and expand this very popular service to 16 additional centers," said Andy Hutcherso... 
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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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