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3,300 MXN
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Last update Mar 27, 12:07 PM CST
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Simon Property Group, Inc.
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Overview

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Description

Simon Property Group, Inc. is a real estate investment trust specializing in the ownership and management of premier shopping, dining, entertainment, and mixed-use destinations across North America, Europe, and Asia. As the largest retail REIT in the United States, it operates a diverse portfolio that includes traditional malls, premium outlets, Mills centers combining malls, outlets, and big-box retailers, lifestyle centers, and other retail properties. The company focuses on high-quality assets with strong retailer sales performance, alongside international interests such as a stake in Klepierre, a European shopping center operator, and joint ventures in premium outlets worldwide. Simon Property Group, Inc. enhances its properties through redevelopments featuring luxury retail, dining, and experiential amenities, while integrating digital platforms like the Simon+ loyalty program and ShopSimon marketplace to connect shoppers across physical and online channels. Founded in 1993 and headquartered in Indianapolis, Indiana, it plays a central role in the retail real estate sector by curating vibrant destinations that serve consumers, retailers, and communities.

About

CEO
Mr. Eli M. Simon
Employees
3100
Address
225 West Washington Street
Indianapolis, 46204-3438, IN
United States
Phone
317 636 1600
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
Mexico
MIC code
XMEX
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Latest press releases

Mar 5, 2026
Simon® Announces $5.0 Billion Revolving Credit Facility and Amendment to $3.5 Billion Revolving Credit Facility

INDIANAPOLIS, March 5, 2026 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the "Operating Partnership"), has amended, restated and extended its $5.0 billion multi-currency unsecured revolving credit facility.

The amended, restated and extended facility will initially mature on June 30, 2030 and can be extended for an additional year to June 30, 2031 at the Operating Partnership's sole option. Based upon the Operating Partnership's current credit ratings, the interest rate for U.S. Dollar borrowings is 15.0 basis points lower than the prior facility's at SOFR plus 65.0 basis points.

The facility is supported by a globally diverse lender group composed of 28 banks, led by JPMorgan Chase, BofA Securities, PNC Capital Markets, Wells Fargo Securities, and Mizuho Bank who served as Joint Lead Arrangers and Joint Bookrunners.

Additionally, the Operating Partnership concurrently amended its existing $3.5 billion multi‑currency unsecured revolving credit facility to conform the applicable margin so that it aligns with the pricing under the $5.0 billion revolving credit facility.  

About Simon

Simon® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/simon-announces-5-0-billion-revolving-credit-facility-and-amendment-to-3-5-billion-revolving-credit-facility-302705793.html

SOURCE Simon

Feb 26, 2026
Simon® to Present at Citi's 2026 Global Property CEO Conference

INDIANAPOLIS, Feb. 26, 2026 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that the Company will present at Citi's 2026 Global Property CEO Conference on Tuesday, March 3, 2026 at 3:35 p.m. Eastern Time.

A live audio webcast of the presentation will be accessible from the Investors section of the Company's website at investors.simon.com. An online replay will be available following the presentation at the same location.

About Simon

Simon® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/simon-to-present-at-citis-2026-global-property-ceo-conference-302698647.html

SOURCE Simon

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