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The Premium Outlets® portfolio features 81 Premium Outlet Centers® including 65 in the United States, one in Puerto Rico, nine in Japan, three in South Korea, and one each in Canada, Malaysia and Mexico. Premium Outlets® is a portfolio of outlet shopping centers which brings together the finest brands in unique outdoor settings and offers impressive savings of 25 to 65 percent every day.
Its industry-leading properties include Woodbury Common Premium Outlets® (New York City), Orlando Premium Outlets®, Desert Hills Premium Outlets® (Palm Springs, California) and Las Vegas Premium Outlets®.
Premium Outlets® | SIMON®
105 Eisenhower Parkway
Roseland, New Jersey 07068
A joint venture of Simon Property Group (40%) and Mitsubishi Estate Co., Ltd. (60%) owns and operates nine of Japan's largest and most successful outlet centers – Gotemba Premium Outlets, Sano Premium Outlets and Ami Premium Outlets in the Tokyo area; Rinku Premium Outlets, south of Osaka; Tosu Premium Outlets, Fukuoka; Toki Premium Outlets, Northeast of Nagoya; Kobe–Sanda Premium Outlets and Sendai–Izumi Premium Outlets; Shisui Premium Outlets, near Narita Airport.
A 50/50 joint venture of Simon Property Group and (Shinsegae Co., Ltd. and Shinsegae International Co., Ltd. together, "Shinsegae") brought the Premium Outlets concept of upscale, fashion-oriented outlet centers to Korea. Yeoju Premium Outlets, located southeast of Seoul, opened June 2007. Paju Premium Outlets, opened March 2011, serving the northwest Seoul market. Busan Premium Outlets opened August 2013, its third Premium Outlet Center in South Korea.
In December 2004, a 50/50 joint venture between Simon Property Group and Mexico City-based Sordo Madaleno y Asociados opened Mexico's first Premium Outlet Center, Premium Outlets Punta Norte, located on the Periferico, a major north-south artery in Mexico City.
Johor Premium Outlets®, a joint venture between Simon Property Group and the Genting Group opened in December 2011. This is the first outlet center in Malaysia serving the South East Asia market. Conveniently located between Resorts World Genting to the north and Resorts World Sentosa to the south, the center is strategically located in Johor Bahru , close to Senai International Airport and less than an hour’s drive from the city center of Singapore and about three hours from Kuala Lumpur.
Toronto Premium Outlets, a 50/50 joint venture between Simon Property Group and Calloway Real Estate Investment Trust This is the first Premium Outlet Center in Canada located in the Town of Halton Hills, Ontario, just 15 minutes outside of Toronto. Premium Outlets Montreal, a joint venture with Calloway REIT and SmartCentres, is planned for the Town of Mirabel, Quebec, approximately 20 miles north of Montreal. Simon will own 50% of the project. Center is projected to open in 2014.
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