Simon Prop Grp Stock Price, News & Analysis

Simon (NYSE:SPG) said its majority-owned operating partnership will sell $800 million of 4.300% senior notes due 2031. The new five-year notes carry a 4.300% coupon and the offering is expected to close on January 13, 2026, subject to customary closing conditions.

The operating partnership intends to use proceeds to repay $800 million of outstanding 3.300% notes due 2026. The public offering is managed by BofA Securities, Deutsche Bank Securities, Goldman Sachs and RBC Capital Markets under the partnership's shelf registration.

Simon (NYSE:SPG) and Electrify America announced their collaboration has surpassed 500 Hyper-Fast chargers across 105 stations at Simon properties as of Dec 3, 2025. The alliance spans 27 states and two Canadian provinces and has delivered > 189 GWh of energy, powering more than 549 million EV miles since launch.

Highlights include a 20-charger large-format site at Fashion Valley in San Diego and Hyper-Fast chargers up to 350 kW with Plug & Charge support. The Electrify America app provides station location, pricing, session start, and progress monitoring.

Electrify America and Simon (NYSE:SPG) announced their collaboration has surpassed 500 Hyper-Fast chargers across 105 stations in 27 states and two Canadian provinces as of Dec. 3, 2025.

The alliance reports 549+ million EV miles powered and 189+ kilowatt-hours dispensed since launch, and highlights a 20-charger Hyper-Fast site at Fashion Valley in San Diego. Hyper-Fast chargers can deliver up to 350 kW, with compatible vehicles charging in as little as 20 minutes. Stations support Plug & Charge and the Electrify America mobile app for locating chargers, viewing pricing, initiating sessions, and monitoring progress.

Autolane raised $7.4M in a funding round co-led by Draper Associates and Hyperplane to accelerate deployment of its curbside operating system across retail, restaurant, and commercial properties.

The company is launching at four Simon centers—The Domain, Barton Creek Square, Stanford Shopping Center, and Great Mall—supporting autonomous ride-hailing and delivery vehicles. Autolane reports its Bay Area test site (May 2025) cut curbside pickup times by 50%+ through coordinated arrivals, authentication, and real-time stall management via a cloud dashboard.

Simon (NYSE:SPG) announced holiday programming across its 220+ Simon Malls and Simon Premium Outlets nationwide, featuring hundreds of new stores, restaurants and entertainment venues and seasonal events starting for the holidays on Nov. 24, 2025. The company launched Simon+, a new loyalty program debuting for Black Friday that offers cash back, points and perks for in-store and online purchases at more than 500 participating retailers. ShopSimon.com and the ShopSimon app provide 24/7 access to over 1.6 million items. Highlighted attractions include Netflix House, Eataly, Meow Wolf, Immersive Van Gogh Experience and expanded brand openings from Zara to Louis Vuitton.

Simon (NYSE: SPG) announced on November 18, 2025 that it has acquired Phillips Place in SouthPark, Charlotte, North Carolina. Phillips Place is an open-air retail center spanning 134,000 square feet and houses more than 25 retail shops and restaurants, including alice+olivia, Peter Millar, rag & bone, Ralph Lauren, Veronica Beard, RH Gallery with a Rooftop Restaurant, and The Palm.

The property is part of a mixed-use destination that includes a 180+ room hotel owned by Simon and a multi-family residential component. Simon said it will maintain the center’s shopping experience and pursue ongoing investments, new offerings, and merchandising to elevate the property over time.

Simon (NYSE:SPG), Leap and Shopify announced a collaboration enabling Bombas to open its third retail store in Austin on Nov 17, 2025, following recent openings in South Florida and New York City.

Leap provides a Retail-as-a-Service platform that integrates with Shopify and places brands in Simon premium locations, offering turnkey store design, staffing, unified technology, and reduced CapEx and lease risk. Pilots succeeded and the program is slated to expand to additional merchants and premium locations throughout 2026.

Simon (NYSE:SPG) on Nov 12, 2025 launched Simon+™, a new omnichannel loyalty program that rewards members with cash back, points and perks for shopping at Simon malls, Premium Outlets, ShopSimon.com and the ShopSimon app.

Key features include an always-on dashboard to discover offers, upload receipts, link payment cards, earn points for in-store and online purchases, and redeem points for retailer rewards or ShopSimon.com credit. More than 500 retailers are already participating. Simon+ replaces Mall Insider, VIP Shopper Club and ShopSimon Rewards and leverages Simon's scale: 200+ destinations, 150+ million website visits, and billions of annual shopper visits.

Simon (NYSE:SPG) announced on Nov 4, 2025 plans to develop Sagefield, a 100-acre mixed-use luxury lifestyle destination in Williamson County, south Nashville. The center will combine boutique retail, creative farm-to-table dining, entertainment, health and wellness concepts, and outdoor spaces.

The development will include a signature luxury hotel and restaurants in collaboration with restaurateur and hotelier Sam Fox (Author & Edit Hospitality) and partner Adventurous Journeys Capital Partners. Design highlights include pedestrian-focused planning and approximately 60% green space.