Simon Property Group’s fundamental approach to international investment has been to
partner with established and successful real estate companies with a demonstrated
knowledge of local markets and practices. We believe that the optimum way to create
value in international investments is through the execution of new development projects
and the redevelopment of existing assets. We add significant value to each of our
international ventures with our development, leasing, management and financing expertise.
Simon Property Group’s initial international investment was made in 1998. Today, we own
an interest in approximately 50 European shopping centers in France, Italy and Poland;
six Premium Outlet Centers in Japan; and one Premium Outlet Center in both South Korea and Mexico.
The Company also has seven international development projects under construction: three
in Italy and four in China.
|