Simon Property Group

Simon Property Group is a leading global real estate company specializing in the ownership, development, and management of premier shopping, dining, entertainment, and mixed-use destinations. They generate revenue primarily through leasing retail space to tenants and collecting rent, as well as through property management fees and development projects. Founded in 1960 by Melvin Simon and Herbert Simon, the company has grown to become a dominant player in the retail real estate industry, known for its high-quality properties and strategic acquisitions, including the notable purchase of Taubman Centers in 2020.

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