Corporate Interview Blueprint

In 2003, Simon increased its ownership in Kravco Investments, a Philadelphia-based owner of seven regional malls, including the world-renowned King of Prussia ® near Philadelphia, Pennsylvania. Simon realized that for the business to continue to grow, it wasn’t enough to just own the best malls in the best markets. Offering multiple retail real estate platforms would be the key to future growth. So in 2004, the company expanded its portfolio by purchasing Chelsea Property Group, adding 36 high-quality Premium Outlets ® centers to its portfolio. The company achieved another major milestone in 2006 with the opening of its brand-new Simon headquarters building in Indianapolis, Indiana. Simon continued to diversify its retail offerings by purchasing The Mills, ® a destination, entertainment-oriented shopping platform in 2007. The acquisition of Prime Outlets in 2010 added another 21 outlet centers to the Simon portfolio. 2012 marked the beginning of the company’s global expansion as Simon also owns approximately an 20.3% interest in Klépierre, a publicly traded French REIT with a portfolio of high-quality shopping centers in 16 countries in Continental Europe. Another major milestone in the company’s history took place in 2013, as Simon became the first REIT named to the S&P 100 Index. In 2016, Simon acquired The Shops at Crystals in Las Vegas, Nevada. The center is the largest collection of high-end fashion stores under one roof in the world. For more than 50 years, Simon has been a leader in the retail real estate industry. From its humble beginnings managing one strip center to today’s global portfolio of over 228 properties, one constant has remained: the desire to be the best. Passion. Integrity. A Commitment to Excellence. Entrepreneurial Spirit. Responsible Citizenship. Our core values are evident in every aspect of our business. We are proud of our history, we embrace new challenges each and every day and we look forward to the next 50 years.

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