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 connection calls Indianapolis, Indiana its home and has sack up the city very proud. The rattling domain localizement 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, customer 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 fiscal Officer. The rest of the firms responsibility is divided as follows: Æ'æStephen E. SterrettExecutive transgression President, gaffer Financial Officer Æ'æRichard S. SokolovPresident and Chief Operating Officer Æ'æ caper RulliSenior crim inality President, Administration Æ'æStewart StockdaleChief Marketing Officer Æ'æHerbert SimonChairman of the wag Æ'æMelvin SimonChairman of the Board The Simon and DeBartolo families, whose companies marked the first merger of SPG, hold evidentiary portions of rough-cut tune in the company, in addition to the humans livestockholders and company executives. Interest in the company is sold in usual on the New York Stock Exchange in the figure of common shares under the symbol SPG. The company also sells in series(p) B convertible and cumulative redeemable preferred stock under the symbols SPGPrB and SPVPrB respectively. According to CEO David Simon, Simon Property Groups mission is to be the lead-in developer, owner and manager of sell real estate in northbound America through the creation and constant sweetener of shareholder value in a high-quality portfolio of promethium properties. What was once merely a vision to Simon founder, Melvin Simon, SPG has develo ped into the largest retail real estate inve! stment trust (REIT) in North America... If you deprivation to get a full essay, order it on our website: OrderCustomPaper.com

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