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Stock Market & Financial Investment News

News Breaks
January 3, 2013
08:02 EDTSPGSimon Property and CalPERS affiliate form joint venture
Simon Property and Institutional Mall Investors, the co-investment venture owned by an affiliate of Miller Capital Advisory and The California Public Employees' Retirement System announced that they have formed a joint venture to own and operate The Shops at Mission Viejo in the Los Angeles suburb of Mission Viejo, California, and Woodfield Mall in the Chicago suburb of Schaumburg, Illinois. Simon and IMI will each own 50% of Woodfield. Simon will own 51% of Mission Viejo and IMI will own the remaining 49%. Simon is providing management and leasing services to the joint venture.
News For SPG From The Last 14 Days
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May 21, 2015
11:01 EDTSPGOntario Teachers' Plan could be Macerich 'white knight,' says dealReporter
After Macerich (MAC) snubbed a takeover bid from Simon Property (SPG) earlier this year, industry bankers and a Simon shareholder reportedly told dealReporter that Ontario Teachers’ Pension Plan may be a potential "white knight" suitor for the mall REIT, according to contacts.
May 14, 2015
08:50 EDTSPGBofA/Merrill U.S. REITs analyst holds an analyst/industry conference call
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