Simon Property (SPG) and bp’s global EV charging business, bp pulse joined hands for the installation and operation of more than 900 ultra-fast EV chargers at 75 sites in the United States. The move will benefit Simon in expanding its EV charging options across its portfolio and lure more shoppers.The first location with chargers from bp pulse will be made open to the public in early 2026 and support vehicles from nearly all EV makers. The Simon portfolio aligns with bp pulse’s strategy to deploy ultra-fast ...

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 ...

NEW YORK, June 18, 2024 /PRNewswire/ -- CAMP, the Family Experience Company, and Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a strategic partnership to bring play and magic to even more families across the country. Since 2018 CAMP has been the destination for young families, creating extraordinary immersive retail experiences like Bluey x CAMP, Encanto x CAMP, The Little Mermaid x CAMP and Trolls x CAM ...

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 ...

RoschetzkyIstockPhoto This article was co-produced with Wolf Report. It's been some time since we've looked closely at Simon Property Group, Inc. (NYSE:SPG); however, the time has come for an update on the company for a basic reason - the company recently hit my highest-level rotation target, the target that would mark the REIT as a "HOLD" for me, when it moved over $150/share. Why do I view this as such an important limit, and why do I think the company is now a "HOLD" and it should no longer be bought ...

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 ...

Center Uniquely Positioned to Serve Greater San Diego and Beyond, as Growth Continues INDIANAPOLIS, May 20, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, today announced significant reinvestment to integrate luxury living at Fashion Valley. Following the recent completion of a multimillion-dollar revitalization, the new development further positions the center as the epicenter of upscale shopping, ...

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 Offering Continues to Expand Due to Strong DemandINDIANAPOLIS, May 16, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, today announced its plans to further invest in Houston's The GalleriaTM with an interior and exterior revitalization. In addition, several renowned brands have invested in their Galleria boutiques with significant expansions and updates. To date, Simon has invested several hun ...