Kimco Expands KEYS Program, Aims Small Shop Growth
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 5:08PM CDT
Kimco Realty (KIM) announced expansion of its Kimco Entrepreneurs Year Start (KEYS) program. This move is in tandem with its effort to boost demand for small shops.
KIM: 23.55 (+0.95), SPG: 181.97 (+4.88), CDR: 6.29 (+0.28), AKR: 29.77 (+0.74)
Simon Unveils Plans to Develop Hartford Premium Outlets
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 2:05PM CDT
Simon Property Group Inc. (SPG) announced the commencement of development activities on Hartford Premium Outlets.
AAT: 38.88 (+1.00), SPG: 181.97 (+4.88), AKR: 29.77 (+0.74), ADC: 28.50 (+0.58)
Brickell City Centre Continues Retail Rollout, Unveils Premier International Luxury and Contemporary Brands
PR Newswire - Tue Aug 25, 10:17AM CDT
Swire Properties Inc, one of South Florida's leading international developers of urban real estate, and retail co-developers Whitman Family Development and Simon Property Group, continue Brickell City Centre's series of retail announcements with the newest selection of premier international luxury and contemporary brands joining its open-air shopping center. Leading UK retailers Ted Baker, a contemporary menswear and womenswear brand, and Agent Provocateur, a luxury intimate apparel brand, are among the mix of cosmopolitan stores set to open in fall 2016. The list also includes Italian linen apparel company 100% Capri and global footwear, apparel and accessories company Addict. Two additional European brands, French swimwear brand Vilbrequin and Monaco-based women's jewelry merchant APM Monaco, round off the list.
SPG: 181.97 (+4.88)
Simon Announces Plan To Build Hartford Premium Outlets®
PR Newswire - Tue Aug 25, 8:00AM CDT
Simon, a global leader in retail real estate, announced today it submitted earlier this month an Application for Rezoning with the Town of Windsor Locks (CT) Planning and Zoning Commission, beginning its development activities on Hartford Premium Outlets®.
SPG: 181.97 (+4.88)
Starwood Retail Partners Hires Chelsie Petereit as Vice President of Marketing
PR Newswire - Tue Aug 25, 7:30AM CDT
Starwood Retail Partners ("SRP"
SPG: 181.97 (+4.88)
3 Numbers That Show Just How Bad Things Are at Sears
at The Street - Thu Aug 20, 8:52AM CDT
The struggling retailer reported a nice profit in the second quarter, but based on these three measures, Sears is still in big trouble.
GGP: 25.76 (+0.84), SRG: 39.71 (-0.15), SPG: 181.97 (+4.88), TGT: 76.84 (+2.90), JCP: 7.93 (+0.01), WMT: 64.83 (+1.73), M: 58.72 (+1.95), MAC: 75.43 (+2.68), SHLD: 24.00 (+0.75)
MDC Holdings, Qualcomm Shares Well-Positioned for Growth, Says TCW Fund Manager
at The Street - Wed Aug 19, 2:43PM CDT
Iman Brivanlou, portfolio manager for TCW High Dividend Equities, says that MDC has a strong balance sheet and that Qualcomm is well-positioned when the chip industry rebounds.
WPG: 12.35 (+0.23), SPG: 181.97 (+4.88), MDC: 28.04 (+0.75), QCOM: 56.66 (+2.78)
SmartREIT Announces Toronto Premium Outlets to Open on Statutory Holidays
Marketwired - Tue Aug 18, 9:17AM CDT
SmartREIT (TSX: SRU.UN) is pleased to announce that Toronto Premium Outlets in Halton Hills, which it owns in a joint venture with Simon Property Group, will now be open on all statutory holidays except for Christmas Day, beginning Labour Day, September 7th. The operating hours on statutory holidays will be 9:30 am - 9:00 pm.
SPG: 181.97 (+4.88), SRU-UN.TO: 29.61 (+0.60)
Darden names board member as CEO of REIT spinoff
AP - Mon Aug 17, 9:53AM CDT
NEW YORK (AP) — Darden board member Bill Lenehan was named Monday as the head the real estate investment trust that the restaurant operator plans to spin off later this year.
SPG: 181.97 (+4.88), BONT: 3.19 (-0.08), HBC.TO: 22.94 (-0.23), MAC: 75.43 (+2.68), DRI: 68.16 (+1.34)
Simon Opens a Premium Outlets Center, Expands Another
Zacks Equity Research - Zacks Investment Research - Fri Aug 14, 2:20PM CDT
Simon Property Group Inc. (SPG) opened Gloucester Premium Outlets and expanded San Francisco Premium Outlets.
AAT: 38.88 (+1.00), SPG: 181.97 (+4.88), AKR: 29.77 (+0.74), ADC: 28.50 (+0.58)
Simon Property Set to Renovate Retail Part of Copley Place
Zacks Equity Research - Zacks Investment Research - Thu Aug 13, 1:55PM CDT
Simon Property Group Inc. (SPG) recently revealed its intention to renovate Copley Place, the high-end shopping destination located at Back Bay in Boston, MA.
AAT: 38.88 (+1.00), SPG: 181.97 (+4.88), AKR: 29.77 (+0.74), ADC: 28.50 (+0.58)
Simon Announces Opening Of Gloucester Premium Outlets® and Expansion Of San Francisco Premium Outlets®
PR Newswire - Thu Aug 13, 8:25AM CDT
Simon, a global leader in retail real estate, continues to expand its Premium Outlets platform with the opening of one new center and the expansion of an existing center.
SPG: 181.97 (+4.88)
Macy's May Say Plenty About Retail and the Economy
at The Street - Thu Aug 13, 7:00AM CDT
Its so-so earnings and big real estate deal both highlight the state of the merchant trade.
SBUX: 53.96 (+2.87), SPG: 181.97 (+4.88), ANF: 18.91 (+1.64), AEO: 16.73 (+0.76), VFC: 71.92 (+2.79), JCP: 7.93 (+0.01), M: 58.72 (+1.95), TOL: 35.98 (+0.90), SHLD: 24.00 (+0.75), ARO: 1.14 (-0.14)
Simon Announces Renovation Plans For Retail Component Of Copley Place
PR Newswire - Wed Aug 12, 7:30AM CDT
Simon announced today plans for a major renovation for high-end shopping destination Copley Place that will begin in September and include interior and exterior enhancements to the retail portion of the property. In addition to physical upgrades, Simon will continue to add a number of luxury retailers to the property. The majority of the project will be completed by the summer of 2016 with Copley Place remaining fully open throughout the renovation.
SPG: 181.97 (+4.88)
Fitch Rates Simon Property Group's Notes Offering 'A'
Business Wire - Tue Aug 11, 2:56PM CDT
Fitch Ratings has assigned an 'A' rating to the $1.1 billion of senior unsecured notes issued by Simon Property Group, L.P., the operating partnership of Simon Property Group, Inc. (NYSE: SPG, collectively Simon). The issuance is comprised of $500 million of 2.5% notes due 2020 and $600 million of 3.5% notes due 2025. A full list of ratings follows at the end of the release.
SPG: 181.97 (+4.88), MAC: 75.43 (+2.68)
Simon Property (SPG) Subsidiary to Sell $1.1B Senior Notes
Zacks Equity Research - Zacks Investment Research - Tue Aug 11, 2:00PM CDT
Simon Property Group Inc. (SPG) announced that its operating partnership subsidiary, Simon Property Group, L.P., has agreed to sell senior notes worth $1.1 billion.
AAT: 38.88 (+1.00), SPG: 181.97 (+4.88), AKR: 29.77 (+0.74), ADC: 28.50 (+0.58)
Giggles N' Hugs Advances Negotiations with largest National Mall Owners
GlobeNewswire - Tue Aug 11, 10:32AM CDT
Giggles N' Hugs, Inc. (OTCQB: GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, today reports it has been in active negotiations for its expansion with several of the largest mall owners in the U.S., including General Growth Properties, Simon Property Group, and Westfield Group, which collectively own more than 500 properties worldwide.
SPG: 181.97 (+4.88)
Giggles N' Hugs Advances Negotiations with National Mall Owners
GlobeNewswire - Tue Aug 11, 8:29AM CDT
Giggles N' Hugs, Inc. (OTCQB: GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, today reports it has been in active negotiations for its expansion with several of the largest mall owners in the U.S., including General Growth Properties, Simon Property Group, and Westfield Group, which collectively own more than 500 properties worldwide.
SPG: 181.97 (+4.88)
Simon Property Group Sells $1.1 Billion Of Senior Notes
PR Newswire - Mon Aug 10, 5:16PM CDT
Simon, a leading global retail real estate company, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the "Operating Partnership"
SPG: 181.97 (+4.88)