
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, More...

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...

5 CEOs can get paid $1.3 Billion to get lost
Yahoo! CEO Marissa Mayer gets an impressive $157.9 million even if the internet company is sold off. The biggest potential windfall from a change of control goes to Stephen (Steve) Wynn, Wynn Resorts. The More...

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 More...

Start-up Deliv Offers 1 Hour Online Shopping Delivery Mall Owners Simon & Westfield & Others Invest
– Daphne Carmeli founder and CEO of Deliv – One of the assets Amazon used to have in the online retailing wars was tax free internet shopping, established at the very start of the internet highway More...

José Isaac Peres Looks Towards Global Expansion
– Peres, who owns 17 shopping malls in Brazil, is looking to spread his wings. – José Isaac Peres – Brazilian billionaire shopping mall owner José Isaac Peres has recently admitted More...

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...