Overview of Simon Property Group, a real estate investment trust based out of Indianapolis, IN. Gives very detailed info on the co.

Although Simon Property Group, Inc. (SPG) is a Delaware corporation, the keep company calls Indianapolis, Indiana its home and has make for the city very proud. The rattling kingdom spendment invest currently owns and/or operates over 248 properties in 36 U.S. states and 8 locations in Europe and Canada, with a key focus in shopping malls. SPG has experienced enormous growth in the past(a) 40 years, primarily due to their commitment to asset quality, financial management, guest service, and internal team building. Since the companys c erstption in 1960, SPG has been controlled preponderantly by the Simon family. Currently, David Simon, son of one of the firms creators Melvin Simon, holds the honor of Director and old-timer monetary Officer. The rest of the firms responsibility is divided as follows: Æ'æStephen E. SterrettExecutive transgression President, antique Financial Officer Æ'æRichard S. SokolovPresident and Chief Operating Officer Æ'æ tush RulliSenior cri minality President, Administration Æ'æStewart StockdaleChief Marketing Officer Æ'æHerbert SimonChairman of the get on Æ'æMelvin SimonChairman of the Board The Simon and DeBartolo families, whose companies marked the first merger of SPG, hold evidentiary portions of roughhewn tune in the company, in addition to the humans noteholders and company executives. Interest in the company is sold in general on the New York Stock Exchange in the conventionalism of common shares under the symbol SPG.

The company also sells consecutive B convertible and cumulative redeemable preferred stock under the symbols SPGPrB and SPVPrB respectively. According to CEO David Simon, Simon Property G roups mission is to be the lead-in develope! r, owner and manager of sell real estate in northernmost America through the creation and repetitive sweetener of shareholder value in a high-quality portfolio of necropsy properties. What was once merely a vision to Simon founder, Melvin Simon, SPG has developed into the largest retail real estate investment trust (REIT) in North America... If you deprivation to get a full essay, order it on our website: OrderEssay.net

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