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Simon Property Group, Inc.
As of May 30, 2026 at 24:05 UTC
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About Simon Property Group, Inc.
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
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Latest News
5 articlesKlépierre's Supervisory Board appointed Stanley Shashoua as new Chairman following the death of David Simon, who led the company for 14 years. Emmanuel Cronier was co-opted as a non-independent board member. The board composition remains unchanged with 9 members including 6 independents and 3 Simon Property Group representatives.
Klépierre's Supervisory Board appointed Stanley Shashoua as new Chairman following the death of David Simon on March 22, 2026, after 14 years in the role. Emmanuel Cronier was co-opted as a non-independent board member. The board composition remains 9 members with 6 independent directors and 3 Simon Property Group representatives.
SBX Group and SEE Global Entertainment announced the Las Vegas debut of Michelangelo's Sistine Chapel: The Exhibition, opening April 24, 2026 at The Shops at Crystals. The 25,000 sq ft immersive exhibition features reproductions of all 34 of Michelangelo's frescoes and life-size sculptures, positioning itself as a must-see daytime attraction. General admission tickets start at $32.
Dutch pension fund PDN sold 133,600 shares of LXP Industrial Trust (worth $6.4 million) in Q4 2025, reducing its stake to 1.09% of AUM. Despite a recent revenue decline and underperformance versus the S&P 500, the article suggests LXP remains attractive for income investors due to its 5.91% dividend yield and 97% occupancy rate, making the current lower valuation a better buying opportunity than selling.
Kevin Warsh's nomination as Federal Reserve chair provides rate predictability that benefits REITs. Simon Property Group and Healthpeak Properties are highlighted as attractive REIT investments, with SPG benefiting from strong retail consumer spending and DOC positioned to capitalize on aging demographics in healthcare real estate. A barbell strategy combining both REITs is recommended to balance growth upside with defensive stability.