Simon purchased a 50% stake in Jamestown, a real estate developer, in October 2022. On July 17, 2022, a gunman opened fire at Simon's Greenwood Park Mall in Greenwood, Indiana, killing 3 and injuring two others before he was fatally shot by an armed bystander. In April 2022, it was announced that Simon and Brookfield are set to offer to buy Kohl's. Penney in partnership with Brookfield Asset Management. In December 2020, the company acquired Taubman Centers for $3.4 billion. Also in August 2020, in partnership with Authentic Brands, the company acquired Brooks Brothers and Lucky Brand Jeans. In August 2020, the company discussed repurposing large stores into warehouses and fulfillment centers for Amazon. At the time, it was the largest mall owner in the U.S. shopping malls until March 29, due to the COVID-19 pandemic. On March 18, 2020, the company announced the closure of its U.S. In February 2020, in partnership with Authentic Brands Group, the company acquired Forever 21. In September 2016, in partnership with Authentic Brands Group and GGP Inc., the company acquired AĆ©ropostale. In March 2015, the company offered $23.3 billion for Macerich however the offer was rejected and withdrawn in April 2015. As part of the deal, Simon acquired Jersey Gardens in Elizabeth, New Jersey and University Park Village in Fort Worth, Texas, while WP Glimcher acquired Brunswick Square in East Brunswick, New Jersey from Simon. In January 2015, Washington Prime Group acquired Glimcher Realty Trust and was renamed WP Glimcher. In May 2014, the company completed the corporate spin-off of Washington Prime Group, headed by Mark Ordan, the final CEO of Mills Corporation. In May 2018, Premium Outlet Collection YEG opened at Edmonton International Airport. In October 2014, Premium Outlets Montreal, the second in Canada, opened. In August 2013, Toronto Premium Outlets opened in Halton Hills, Ontario, Canada. In September 2011, Simon acquired Southdale Center in Edina, Minnesota. In December 2010, Simon made a $4.5 billion bid for Capital Shopping Centres Group plc however, the offer was rejected and withdrawn in January 2011. In May 2010, Simon acquired Prime Retail's Prime Outlets-Puerto Rico in Barceloneta, Puerto Rico In August 2010, Simon acquired an additional 21 outlet malls, including locations in Williamsburg, Virginia, San Marcos, Texas and Hagerstown, Maryland for a total of $2.3 billion. In May 2010, Simon withdrew from the bidding for GGP after GGP favored transactions with Brookfield Asset Management. In April 2010, Simon offered to make a $2.5 billion equity investment in GGP including a $1 billion investment by Paulson & Co. Bucksbaum) against the company's board of directors for rejecting Simon's bid, alleging breach of fiduciary duty. In February 2010, Simon placed a bid acquire General Growth, which was in bankruptcy protection. In 2009, Simon tried to buy malls owned by General Growth Properties. In April 2007, Simon and Farallon Capital acquired the Mills Corporation. In 2004, the company entered the outlet mall business with the acquisition of Chelsea Property Group Inc. In 2003, Simon acquired a majority interest The Kravco Company, owner of the King of Prussia, for $300 million. In 2002, in partnership with Westfield Group and The Rouse Company, the company acquired 13 properties from Rodamco North America including Copley Place, Houston Galleria, and SouthPark Mall. In 1999, the company acquired 14 shopping centers from New England Development for $725 million. The company also acquired an ownership interest in Groupe BEG, S.A., operator of shopping centers in Europe. One year after these acquisitions, the company acquired Corporate Property Investors and was renamed Simon Property Group. Also in 1997, in partnership with Macerich, the company acquired 12 malls from IBM's pension plan for $974.5 million. In 1997, the company acquired The Retail Property Trust for $1.2 billion in a hostile takeover. DeBartolo Sr., in 1996 to form Simon DeBartolo Group. Simon Property merged with the newly public DeBartolo Realty Corporation, owner of the real estate assets of Edward J. In December 1993, they took their interests public as Simon Property Group in the largest initial public offering of a real estate investment trust to date. Simon Property Group dates to 1960, when brothers Melvin Simon and Herbert Simon began developing strip malls in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties comprising approximately 241,000,000 square feet (22,400,000 m 2) of gross leasable area in North America and Asia. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/ lifestyle centers. Simon corporate headquarters in Indianapolis.
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