Simon Property Group Inc. SPG

What this company does

Simon Property Group, Inc. owns, develops and manages shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, and The Mills. As of December 31, 2025, it owned or held an interest in 212 income-producing properties in the United States, consisting of 108 malls, 70 Premium Outlets, 16 Mills, six lifestyle centers, and 12 other retail properties in 38 states and Puerto Rico. Internationally, as of December 31, 2025, it had ownership interests in 42 properties primarily located in Asia, Europe and Canada. As of December 31, 2025, it also owned a 22.2% equity stake in Klépierre SA, a publicly traded, Paris-based real estate company that owns, or has an interest in, shopping centers located in 13 countries in Europe. At December 31, 2025, the company and its affiliates employed approximately 3,600 persons at various properties and offices throughout the United States, of which approximately 500 were part-time. Simon Property Group, Inc. is an Indiana corporation that operates as a self-administered and self-managed real estate investment trust under the Internal Revenue Code of 1986. Simon, or its predecessor, has been incorporated since 1993.

Written from the business description in SIMON PROPERTY GROUP, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.