July 23, 2014 1:17 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of Simon Property Group, L.P.

Company Overview

Simon Property Group, L.P. engages primarily in the ownership, operation, leasing, management, acquisition, expansion, and development of real estate properties. The company’s real estate properties consist primarily of regional malls and community shopping centers. As of December 31, 2003, it owned an interest in 245 properties in North America, which consisted of 174 regional malls, 67 community shopping centers, and 4 office and mixed-use properties in 37 states and Canada. In addition, the company also owned interests in three parcels of land. It also had ownership interests in 47 assets in Europe, including France, Italy, Poland, and Portugal. The company was formed in November 1993 as ...

225 West Washington Street

Indianapolis, IN 46204

United States

Founded in 1993

3,400 Employees

Phone:

317-636-1600

Fax:

317-685-7270

Key Executives for Simon Property Group, L.P.

Chief Executive Officer of Simon Property Group Inc. - General Partner and Director of Simon Property Group Inc. - General Partner
Age: 53
President of Simon Property Group Inc. - General Partner
Age: 64
Chief Financial Officer of Simon Property Group Inc. - General Partner and Executive Vice President of Simon Property Group Inc. - General Partner
Age: 58
President of International Division of Simon Property Group Inc. - General Partner
Age: 76
Principal Accounting Officer of Simon Property Group Inc. - General Partner and Senior Vice President of Simon Property Group Inc. - General Partner
Compensation as of Fiscal Year 2014.

Simon Property Group, L.P. Key Developments

Simon Property Begins Construction on Expansion of Chicago Premium Outlets

Simon Property Group, L.P. has begun the construction on a 50-store expansion of Chicago Premium Outlets. The multi-million dollar project will expand one of the country's most successful outlet centers by almost two-thirds, for a future total of more than 170 stores delivering great brands at value prices to Chicagoland shoppers and visitors. Among the new retailers slated to open in late spring 2015 will be Saks Fifth Avenue Off 5th, which will join the center's current list of designer and name brands, including Adidas, Coach, Gap Outlet, Kate Spade New York, Levi's, Michael Kors, Polo Ralph Lauren, Theory, Vera Bradley and many more.

Simon Property Group, L.P. Closes $1.2 Billion Debt Offering

Simon Property Group, L.P. closed the $1.2 billion debt offering: $600 million principal amount of 2.200% senior unsecured notes due February 1, 2019 priced to yield 65 basis points above the then prevailing U.S. Treasury Rate, and $600 million principal amount of 3.750% senior unsecured notes due February 1, 2024 priced to yield 100 basis points above the then prevailing U.S. Treasury Rate.

Simon Property Group, L.P. Completes its Two Debt Offerings

Simon Property Group Inc. said Dec. 17 that its majority-owned operating partnership subsidiary, Simon Property Group LP, has completed its two debt offerings. Specifically, the operating partnership completed its offerings of $500 million principal amount of 2.75% senior unsecured notes due Feb. 1, 2023, and $750 million principal amount of 1.50% senior unsecured notes due Feb. 1, 2018.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 29, 2013
Jifiti
 

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