Simon Property Group

Simon Property Group, Inc. (NYSE: SPG) operates as a self-administered and self-managed real estate investment trust that owns, develops, and manages premier shopping, dining, entertainment, and mixed-use destinations across North America and internationally. The company's website is www.simon.com.

As of December 31, 2025, Simon owns or holds interests in 212 income-producing properties in the United States, consisting of 108 malls, 70 Premium Outlets, 16 Mills, six lifestyle centers, and 12 other retail properties spanning 38 states and Puerto Rico. Internationally, the company maintains ownership interests in 42 properties primarily located in Asia, Europe, and Canada. Simon also owns a 22.2 percent equity stake in Klépierre SA, a publicly traded Paris-based real estate company with shopping center operations across 13 European countries.

The company's portfolio is anchored by nationally recognized department stores and large retailers, with properties designed to attract diverse tenant mixes and consumer traffic. Simon operates through an umbrella partnership REIT structure, with substantially all business conducted through Simon Property Group, L.P., its majority-owned partnership subsidiary. As of December 31, 2025, Simon owned approximately 85.4 percent of the Operating Partnership, with limited partners holding the remaining 14.6 percent.

Beyond traditional retail real estate, Simon maintains investments in retail operations through Catalyst Brands LLC, an e-commerce venture through Rue Gilt Groupe operating shop.simon.com, and Jamestown, a global real estate investment and management company. In October 2025, Simon completed its acquisition of the remaining 12 percent interest in The Taubman Realty Group, LLC, achieving full ownership of this significant real estate platform.

The company employs approximately 3,600 persons across its properties and offices throughout the United States, with roughly 1,000 employees based at its corporate headquarters. Simon's business model emphasizes long-term property ownership, tenant relationship management, and strategic capital deployment to maintain its position as a leading retail real estate operator in North America and internationally.