All Brands Owned by Simon Property Group, Inc.

Who owns Simon Property Group?
Simon Property Group is a publicly traded REIT listed on NYSE under ticker SPG. Institutional investors including Vanguard Group, BlackRock, and State Street hold the majority of the economic interest. The Simon family maintains influence through Class B shares that elect a portion of the board of directors. Following the passing of CEO David Simon in March 2026, his son Eli Simon was appointed CEO and President. Larry Glasscock serves as Non-Executive Chairman.

How many properties does Simon Property Group own?
As of June 2026, Simon Property Group owned or managed interests in 235 properties across North America, Europe, and Asia. The portfolio includes regional malls, premium outlets, mills, and mixed-use centers. Notable properties include The Galleria in Houston, Roosevelt Field on Long Island, Woodbury Common Premium Outlets, and The Mills portfolio. The company's US occupancy rate was 96.4 percent at the end of FY2025.

What is Simon Property Group's revenue?
Simon reported FY2025 consolidated revenue of $6.36 billion, up 6.7 percent from $5.96 billion in 2024. Net income attributable to common stockholders was $4.62 billion, or $14.17 per diluted share, a record. Real Estate FFO was $4.81 billion, or $12.73 per diluted share, up 4.0 percent year over year. The company paid $3.2 billion in cash dividends in 2025.

What is a REIT and why is Simon structured as one?
A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate. REITs are required to distribute at least 90 percent of taxable income to shareholders as dividends. Simon went public as a REIT in December 1993 in what was then the largest REIT IPO in US history. The REIT structure provides tax advantages at the corporate level and requires the company to return most of its cash flow to shareholders.

Who is the CEO of Simon Property Group?
Eli Simon became CEO and President of Simon Property Group on March 23, 2026, following the passing of his father David Simon at age 64. Eli Simon, age 38, previously served as Chief Operating Officer and continues in that role. David Simon had been CEO since 1995 and delivered a cumulative total shareholder return of more than 4,500 percent since the company's IPO. Larry Glasscock was appointed Non-Executive Chairman.

What did Simon acquire in 2025?
Simon acquired approximately $2 billion of high-quality retail properties in 2025. The most significant transaction was the acquisition of the remaining 12 percent interest in The Taubman Realty Group in October 2025, bringing Simon to full ownership of 22 iconic retail assets. In June 2025, Simon acquired its partner's interest in Brickell City Centre in Miami, gaining full ownership. The company also expanded internationally with The Mall Luxury Outlets in Italy.

How did Simon Property Group handle the 2020 pandemic?
Simon was hit hard by the COVID-19 pandemic. The company furloughed more than half its employees, cut executive pay, and reduced capital expenditures by over $1 billion. Simon sued tenants including Gap and Brooks Brothers for unpaid rent. Despite the disruption, Simon completed the acquisition of Taubman Centers at a renegotiated lower price and partnered with Brookfield to acquire J.C. Penney out of bankruptcy for $1.75 billion. The company recovered strongly in subsequent years.