Ultra-fast bp pulse Gigahubs to be rolled out at 75 Simon® locations, adding over 900 charging bays across the US.bp pulse continues to leverage its leading global network and expertise to pursue disciplined growth in key markets like the US.HOUSTON, July 10, 2024 /PRNewswire/ -- Today, bp (NYSE: bp) announced a deal for bp's global EV charging business, bp pulse, to install and operate EV charging Gigahubs on 75 sites with Simon (Simon Property Group, NYSE: SPG), a real estate investment trust engaged in t ...

jetcityimage The decline in interest rates that has fueled an interest in REITs like Simon Property Group, Inc. (NYSE:SPG). But that trend, in general, has paused. That pause will likely continue until the Federal Reserve feels comfortable resuming the downtrend. For the rest of the current fiscal year, that appears to be unlikely. Therefore, the stock may be caught in a relative trading range for at least the rest of the year and maybe longer. Lastly, the first quarter was off to a great comparison an ...

Core Insights - CAMP and Simon have formed a strategic partnership to enhance family-oriented retail experiences across the U.S. [1][4] - CAMP has been creating immersive retail experiences since 2018, with notable collaborations such as Bluey x CAMP and Encanto x CAMP [1][6] - The partnership aims to expand CAMP's unique shop-and-play model to more locations, enhancing the "retailtainment" landscape [5] Company Overview - CAMP operates seven locations in major cities including Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and Washington, D.C. [2][6] - The Boston location at Simon's Burlington Mall opened in 2022 and has been successful in attracting families [2] - CAMP's experiences are designed to engage both children and adults through a combination of play, product, and performance [1][6] Expansion Plans - Two new CAMP locations will open at Simon centers: King of Prussia in 2024 and The Galleria in Houston in early 2025, each exceeding 10,000 square feet [3] - These new locations will feature rotating immersive shows behind CAMP's signature Magic Door, reinforcing the commitment to family experiences [3][5] Investment and Growth - CAMP's existing investors have made additional equity investments to support the company's growth in partnership with Simon [5] - The collaboration is expected to accelerate CAMP's ability to deliver engaging experiences to families nationwide [5] Strategic Vision - CAMP's CEO emphasized the vision of creating an alternative family retail experience in collaboration with Simon, which is focused on innovative shopping experiences [4] - Simon aims to curate new experiences like CAMP to enhance shopping, dining, and entertainment for families [4][7]

PHOENIX will Operate DTC Commerce in the U.S.A. for Express & BonobosNEW YORK, June 14, 2024 /PRNewswire/ -- WHP Global, in collaboration with an affiliate of Simon Property Group ("Simon"), Brookfield Properties ("Brookfield"), and Centennial Real Estate ("Centennial"), announce the formation of PHOENIX, a new retail operating platform, which received court approval to acquire a majority of Express, Inc. operations. Upon closing, PHOENIX will operate all direct-to-consumer (DTC) commerce in the U.S.A. for ...

Simon Property Group (SPG) recently announced a reinvestment to incorporate luxury living at San Diego's top shopping destination, Fashion Valley.The move aims to boost foot traffic and sales and attract top-tier tenants, fortifying its place in the retail real estate market and ensuring long-term value creation.Fashion Valley, as part of a mixed-use redevelopment project, will soon feature 850 multi-family luxury residences with the help of apartment developer AMLI Residential. The project will also includ ...

Development and Expansion - Simon is reinvesting in Fashion Valley to integrate luxury living, including 850 multi-family luxury residences by AMLI Residential, creating a vibrant and exclusive residential enclave [1] - The project includes 100,000 square feet of new retail space, unique dining experiences, green spaces, and ample parking, enhancing the lifestyle community [2] - Fashion Valley recently completed a multimillion-dollar revitalization, introducing first-to-market luxury brands like Dior, Bottega Veneta, David Yurman, and Dolce & Gabbana [2] - Additional luxury brands, including Celine, Christian Louboutin, and Fendi, are set to open in 2024 and 2025, further elevating the shopping experience [2] - Rolex Boutique Fourtané expanded its footprint with a custom San Diego-inspired design, and Omega plans to reopen, while brands like Tudor, Veronica Beard, and Zimmermann will join in 2024 [3] Strategic Positioning and Growth - Fashion Valley is positioned as the premier luxury shopping destination in San Diego, attracting affluent shoppers from a large trade area, including Mexico [4] - The redevelopment project is expected to begin after JCPenney's closure in late 2025 and be completed by late 2026, marking a new era of sophisticated and convenient living [4] Company Overview - Simon is a real estate investment trust and an S&P 100 company, owning premier shopping, dining, entertainment, and mixed-use destinations across North America, Europe, and Asia [5] - AMLI Residential focuses on developing and managing environmentally responsible luxury apartment communities, with 77 communities and over 26,000 apartment homes, plus 2,900 under development [6] - AMLI is a leader in multifamily sustainability, with 49 LEED-certified and 47 ENERGY STAR-certified communities [7]

Simon Property Group (SPG) , the behemoth in the retail real estate industry, continues to demonstrate its prowess with strategic investments and redevelopments. Recently, it announced reinvestment plans for Houston’s iconic The Galleria, underscoring its strategy to enhance its property portfolio, catering to the ever-growing demand for luxury retail spaces.Texas' largest and one of the nation’s biggest shopping centers, The Galleria, spans more than 2.4 million square feet, drawing more than 30 million vi ...

Luxury Retail Expansion - Simon plans to further invest in Houston's The Galleria with an interior and exterior revitalization, including several hundred million dollars already invested in the redevelopment [1] - The Galleria is Houston's most desirable shopping and tourist attraction, offering over 2.4 million square feet of retail, dining, and amenities [1] - Transformative multimillion-dollar upgrades will begin in summer 2024 and are expected to be complete by early 2025, focusing on elevating aesthetics and creating a refined ambience for over 30 million annual visitors [2] - The revitalization includes 155,000 square feet of modern new flooring and sleek entryways with contemporary LED lighting and ceiling enhancements [2] Luxury Brand Growth - Several key luxury brands have expanded and enhanced their Galleria boutiques, including Gucci, Louis Vuitton, FENDI, and Saint Laurent, with FENDI and Saint Laurent doubling their footprints [3] - The Galleria has welcomed new high-end retailers such as Dolce & Gabbana, AMIRI, Maria Tash, Prada, Dior, and Alo Yoga, with more expected to open soon, including Etro and Frette [3] - The Galleria features over 70 market-exclusive brands, including Akris, Balenciaga, Chanel, and Rolex Boutique, among others, and is home to the city's only Nobu and Musaafer restaurants [4] Global Recognition and Mixed-Use Environment - The Galleria is internationally renowned as one of America's finest mixed-use environments, inspired by the Galleria Vittorio Emanuele in Milan, Italy [5] - The center, which opened in 1970, features more than 400 fine stores, over 60 eateries, two high-rise Westin hotels, three office towers, co-working space, and various notable amenities [5] Simon's Investment Strategy - Simon is reinvesting in The Galleria to ensure it continues to set the industry standard for premier centers worldwide, with modern improvements and fresh facades to elevate the experience for discerning patrons [3] - The company aims to further cement The Galleria as a global leader in the luxury retail space, meeting strong demand from luxury brands [4]

Morgan Stanley (NYSE:MS) strategists are urging investors to snap up U.S. government bonds, even if the economy doesn’t slow down. They believe bond yields could fall dramatically driven by “residual seasonality,” a statistical quirk that can sway economic data even after seasonal adjustments. This could lead to predicting a more rapid decline in inflation than the market is currently pricing in, and three stocks to sell in light of MS’s prediction.As bond yields fall, bond prices rise. However, the cooling ...

Table of Contents J UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 SIMON PROPERTY GROUP, INC. SIMON PROPERTY GROUP, L.P. (Exact name of registrant as specified in its charter) Delaware 001-14469 04-6268599 (Simon Property Gr oup, Inc.) ...