Simon Property Group, Inc.

https://www.simon.com/

Simon Property Group, Inc. is a leading global real estate investment trust (REIT) headquartered in Indianapolis, Indiana. The company's core business involves the ownership, development, and management of premier shopping, dining, entertainment, and mixed-use destinations. Its mission is to create exceptional experiences for shoppers, tenants, and communities, while delivering value to stakeholders and contributing to the communities it serves.

The company's extensive portfolio includes regional malls, Premium Outlets, The Mills centers (which combine traditional mall, outlet, and big-box retail formats), and community/lifestyle centers. Simon Property Group generates revenue primarily through leasing, and also provides property management, development, and marketing services. Its market presence spans North America, Europe, and Asia, catering to a broad spectrum of consumers from affluent shoppers to value-conscious customers, and increasingly adapting to attract younger demographics seeking experiential retail.

Simon Property Group is recognized as the largest owner of shopping malls in the United States and a dominant force in global retail real estate, holding a position as an S&P 100 component. The company maintains high occupancy rates, typically in the mid-90s%, and focuses on transforming its properties into vibrant mixed-use destinations that integrate retail with residential, hospitality, and entertainment components. Following the passing of long-tenured Chairman and CEO David Simon in March 2026, Eli Simon was appointed CEO. Recent financial activities include the announcement of a $5.0 billion revolving credit facility and a $2.0 billion common stock repurchase program.

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