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Simon Property Group, the biggest U.S. mall operator, will cut its purchase price for an 80% stake of rival Taubman Centers by 18%, both companies said on Sunday, as the coronavirus upends the retail industry sector. The agreed discount comes as the two…
Siam Piwat and partner Simon Property Group will open Siam Premium Outlets in Bangkok next week. Located near the Suvarnabhumi International Airport, the first Premium Outlets-branded shopping center in Thailand will open on June 19. The center will feature…
US-based shopping mall operator Simon Property is planning expansion of its outlet malls format into the Southeast Asian market. The company has operated an outlet in Malaysia’s Johor since 2011, and opened a new property in Genting Highlands, near Kuala…
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