Simon Property Group is a self-administered and self-managed real estate investment trust. Co. owns, develops, and manages retail real estate properties, mainly regional malls, Premium Outlets®, The Mills®, and community/lifestyle centers. At Dec 31 2011, Co. owned or held an interest in 326 properties in the U.S., which consisted of 151 regional malls, 58 Premium Outlets, 66 community/lifestyle centers, 36 properties in the Mills Portfolio and 15 other shopping centers or outlet centers in 41 states and Puerto Rico. Co. also holds real estate interests in operating joint venture properties in Japan, South Korea, Mexico, and Malaysia.
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