Simon Property news and archive

The latest on Forever 21: it accepts 81 million offer from commercial real estate-led investors

New York – Forever 21 is reported to have taken an 81 million dollars from a group of buyers led by commercial real estate developers including Simon Property Group and Brookfield Property Partners. "Once approved the agreement will allow Forever 21 to come out of bankruptcy, keeping its headquarters, stores and E-commerce operations open,...

Design

Simon Property and McArthurGlen form joint venture

European designer outlet group McArthurGlen is forming a joint venture with commercial shopping centre giant Simon Property, which will see the global property company acquire an ownership interest in six McArthurGlen properties in the UK, Italy, Austria, the Netherlands, and Canada. As part of the joint venture, Simon Property will invest an...