| Business Summary | | Simon
Property
Group,
Inc.
is
a
self-administered
and
self-managed
real
estate
investment
trust
which,
through
its
subsidiary
partnerships,
is
engaged
in
the
ownership,
development,
management,
leasing,
acquisition
and
expansion
of
income-producing
properties,
primarily
regional
malls
and
community
shopping
centers.
It
currently
owns
or
has
an
interest
in
250
properties
containing
an
aggregate
of
185
million
square
feet
of
gross
leasable
area
in
36
states
and
five
assets
in
Europe.
Together
with
its
affiliated
management
company,
Simon
owns
or
manages
approximately
190
million
square
feet
of
gross
leasable
area
in
retail
and
mixed-use
properties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Simon
Property
Group,
Inc.
is
a
self-administered
and
self-managed
REIT
engaged
in
the
ownership,
development
and
management
of
regional
malls
and
shopping
centers.
For
the
six
months
ended
6/30/01,
revenues
rose
1%
to
$978.9
million.
Net
income
before
extraordinary
item
and
accounting
change
applicable
to
Common
and
limited
partners
fell
15%
to
$69.3
million.
Revenues
reflect
benefits
from
the
CPI
merger.
Net
income
was
offset
by
higher
depreciation
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Herbert Simon, 66 Co-Chairman | -- | Melvin Simon, 74 Co-Chairman | -- | David Simon, 39 CEO | $1.2M | Richard Sokolov, 51 Pres,
COO | 985K | Hans Mautner, 62 Vice
Chairman, Chairman of Simon Global Limited | 1.0M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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