Simon Property Group Faces $1.2B in Maturing Debt

“On behalf of the entire Board of Directors, we extend our deepest and most heartfelt condolences to the Simon family. We are profoundly grateful for the privilege of having served alongside David, and...”

“David’s legacy transcends financial performance. He was a leader of uncommon integrity, fierce loyalty and deep personal conviction.”

“David Simon was, quite simply, the finest leader in the history of the retail real estate industry.”

“Today’s announcement delivers the one thing that a candid number of people in this room have been crying out for for years, which is a pre-eminent capital markets business in the United States.”

“At nearly 60 of our shopping centers, we are now free of legal provisions that allow anchor tenants to veto renovations.”

“We are seeing a significant increase in mall traffic due to our focus on experiential retail.”

“Our strategy is to continually reinvest in our assets, redeveloping, densifying and curating the best tenant mix.”