Simon Property Group, Inc. is the largest public U.S. real estate company and also an S&P 500 company. It is fully integrated and functions from five retail real estate platforms including regional malls, international properties, lifestyle or community shopping centers, and The Mills, and Premium Outlet Centers. The real estate company has 323 properties covering a gross leasable area of 244 million square feet in North America, Asia and Europe and over 2,700 employees are working with this company. The 296 properties located in North America and Puerto Rico can be further divided as 172 regional malls, 30 Premium Outlet centers, 71 community shopping centers and 23 other properties. The company has 4 Premium Outlets centers in Japan, 51 shopping centers in Europe, 1 shopping center in Canada and 1 Premium Outlet center in Mexico. In addition to this, there are twelve parcels of lands that are withheld for future development in the United States. It has a total market capitalization of nearly $25 billion. The company was founded in 1960 and its headquarters are in Indianapolis, Indiana. Simon Property Group, Inc. is publicly traded by the symbol SPG on the NYSE. The company is also a real estate investment trust which deals with ownership, leasing, operation, management, acquisition, development and expansion of real estate properties. Other properties are office space, retail space and hotel components.
