Simon Property Group–the nation’s biggest real estate investment trust (and largest shopping mall owner)–has moved up the ranks after a year of strong performance. In spite of a failed $16.8 billion bid to take over the Santa Monica mall operator Maserich Co. last April, Simon tallied a net income of $1.8 billion in 2015.
News about Simon Property Group
Too many malls with too many of the wrong kinds of stores.
It's still facing enormous pressure to shed more stores
Simon says stores are way more profitable than you think