Search Results for: simon property

By Noam Meir On Tuesday, February 9th, 2021

Simon Property Group Posts Billion Dollar Covid Related Income Drop for 2020

Simon Property Group, America’s largest mall owner, posted a net decrease in rent revenues for 2020 of $1.16 billion over 2019. Rents collected dropped from $5.76 billion to $4.6 billion. David Simon, CEO More...

By Noam Meir On Monday, November 16th, 2020

Simon Property Group and Taubman Centers Are Set To Merge

Westfarms Mall Hartford – Taubman Centers Simon Property Group has settled a long simmering dispute of its takeover of fellow real estate company Taubman Centers. America’s largest owner of shopping malls More...

By Jewish Business News On Monday, March 23rd, 2015

Simon Property Group Gives Macerich Company Final Buyout Offer

Simon Property Group, Inc. (NYSE: SPG) has sent a letter to The Macerich Company (NYSE: MAC) outlining its best and final offer to acquire all of the outstanding shares of Macerich for $95.50 per share in cash More...

By Albert Hecht On Tuesday, June 4th, 2013

American Mall Giant Simon Property Group Partners with McArthur Glen in Europe

– David Simon / Getty – / By Albert Hecht /   The King of American shopping malls, David Simon, is partnering with a leading developer in Europe of designer discount outlet malls, a concept More...

By News Brief On Sunday, January 3rd, 2016

British Property tycoon Simon Halabi once worth $4.5 billion is embroiled in bitter secret divorce battle 

  A reclusive property tycoon who was once worth £3 billion is reportedly embroiled in a bitter secret divorce battle with his Lithuanian-born wife over property and assets worth millions. Syrian-born investor More...

By Alan Gallindoss On Monday, July 15th, 2013

Irish Building Society Sues London Property Mogul Simon Halabi

– – A legal action launched by the now-defunct Irish Nationwide Building Society against Syrian born property mogul Simon Halabi, who was once one of Britain’s richest people, has succeeded More...

By Noam Meir On Friday, January 8th, 2021

Sarah Jessica Parker and Matthew Broderick Sell West Village Townhouse for $15 Million, Paul Simon Cuts Price of Estate by $2 Million

57-Charles-St Google Street View Paul Simon has cut $2 million off the asking price for his New Canaan, Connecticut, estate, which is now listed for $11.9 million. Meanwhile Hollywood power couple Sarah Jessica More...

By Jewish Business News On Monday, August 10th, 2020

Will Amazon open distribution centers at Simon malls? Sears, JCPenney stores?

The Wall Street Journal report on talks between Amazon and the nation’s largest mall operator Simon Property Group to convert empty department stores including J.C. Penney and Sears into distribution centers. WSJ More...

By Jewish Business News On Sunday, April 24th, 2016

Property boom pushes Reuben brothers to top of Britan rich list

  David and Simon Reuben, topped the Sunday Times Rich List for the first time with estimated wealth of £13.1 billion ($18.9 billion), slot from last year’s fifth position. The brothers property More...

By Noam Meir On Friday, September 5th, 2014

Pacers Co-Owner Mel Simon Indiana Estate Selling for 25 Million

The Indiana estate of the late billionaire shopping mall magnate and Indiana Pacers co-owner Mel Simon is up for sale for $25 million. The sale price is less than half of the $55 million that the property was rumored More...

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