Skip to main content
X

Simon Property Group

Simon Terminates Taubman Takeover

The $3.6 billion mall marriage has hit the rocks in the COVID-19 chaos.

Simon Property Pulls Plug on Plan to Take Majority Stake in Taubman

Simon says Taubman breached contract by not cutting operating expenses and capital expenditures amid COVID-19…

Sycamore Said to Be in Hot Pursuit of Penney’s

Penney's is said to be in deal talks with Sycamore if it can't forge a lender agreement to exit bankruptcy as…

Simon Sues Gap for $65.9 Million in Unpaid Rent

Gap is under fire for skipping out on rent owed for its more than 400 stores in Simon malls.

‘Good Retail Is Not Going Away’: Mall Operators Shudder Back to Life

Simon, Macerich and Tanger Outlets are eager to reopen and start collecting sorely needed rent, beyond…

David Simon on the Tentative Retail Reopening

But the outspoken ceo was mum on rent negotiations with retailers and the planned $3.6 billion Taubman…

Malls Reopen as COVID-19 Infections Seen Spiking to 200,000 Daily

The early days at re-opened malls and stores show a mixed picture of consumer shopping as reports indicate a…

Simon Opening 49 Malls Starting Friday—But Do Shoppers Want to Risk it All?

The nation's biggest mall operator is putting more than four dozen malls back to work, even as COVID-19 cases…

Retailers and Landlords Harder-Pressed to Find Common Ground

As the coronavirus crisis wears on, negotiations are becoming more difficult.

Businesses Free Up Cash Reserves Amid Coronavirus Crisis

Temporary store closures, work-from-home mandates and a halt to major air traffic means retailers in…

Forever 21 Founders Out, New Owners Search for CEO

Forever 21's founders are no longer involved with the operation, and the new owners are searching for a CEO…

Simon Property Group in Deal to Acquire Rival Taubman Centers Inc.

The combination makes strategic sense to Wall Street, but consumers will have the final vote.

Simon Property Group to Acquire Rival Taubman Centers as Forever 21 Deal Looms

Simon Property is showing a knack for out-of-the-box investments, taking a controlling stake in Tauman and a…

Simon Property Group to buy Taubman Centers Inc.

A shopping center Goliath is acquiring its smaller rival.

Simon Property Group Again Eyeing Taubman Centers

Wall Street likes the potential of a combination between two shopping center owners and operators.