The Yield Hunter Let's make some money and sleep well at night
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Simon Properties Trust
A Retail REIT
Period End 9/30/2007
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Copyrights 2006-2007 SGM Publishing
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Simon Property Group, Inc., a real estate
investment trust, engages in the ownership,
operation, leasing, management, acquisition,
expansion, and development of real estate
properties. Its real estate properties consist
primarily of regional malls, Premium Outlet centers,
and community shopping centers. As of March 31,
2005, the company owned or held an interest in
296 income-producing properties, which consisted
of 172 regional malls, 71 community/lifestyle
shopping centers, 30 Premium Outlet centers, and
23 other properties in the United States and Puerto
Rico. Its other properties include retail space, office
space, and hotel components. In addition, the
company has interests in 12 parcels of land held in
the United States for future development; 51
European shopping centers located in France, Italy,
Poland, and Portugal; 4 Premium Outlet centers in
Japan; 1 Premium Outlet center in Mexico; and 1
shopping center in Canada. It also provides
leasing, management, and development services to
its properties. As a REIT, the company distributes
90% of its taxable income to the shareholders.
Simon Property Group was founded in 1960 and is
headquartered in Indianapolis, Indiana.