Simon Property Group (NYSE:SPG) is a leading real estate investment trust specializing in the ownership, development and management of premier retail and mixed-use properties. As the largest shopping mall operator in the United States by gross leasable area, the company’s portfolio comprises regional malls, premium outlet centers and community shopping destinations. Simon Property Group also holds strategic interests in destination retail properties in Europe, Asia and Latin America, extending its footprint beyond North America.
The company’s flagship offerings include Class A enclosed shopping malls featuring high-end and lifestyle brands, as well as open-air premium outlets that cater to value-conscious consumers. Simon Property Group’s mixed-use developments combine retail, office, hospitality and residential components to create vibrant, walkable environments. Its properties often serve as community hubs where dining, entertainment and events complement the traditional retail experience.
Founded in 1960 as Melvin Simon & Associates and restructured as Simon Property Group in 1993, the company has grown through a combination of development projects, strategic acquisitions and joint ventures. Headquartered in Indianapolis, Simon Property Group is led by David Simon, who has served as Chairman, President and Chief Executive Officer since 1995. Under his leadership, the firm has pursued disciplined investment strategies and capital redeployment to strengthen its competitive position.
Simon Property Group is committed to enhancing asset performance through active property management, retail analytics and experiential programming. The company works closely with national and international retailers to curate tenant mixes that respond to evolving consumer trends. Additionally, Simon Property Group emphasizes sustainability initiatives, digital innovation and community engagement in its efforts to deliver long-term value to investors, tenants and local markets.
