Simon Property Group pushes into global markets via outlet concept

04/17/2012 |

Simon Property Group is pushing its footprint globally, with a focus on the outlet concept. The REIT has announced plans to develop an outlet center in Brazil and is also beginning development on the first upscale outlet center in Canada. "Outside the U.S., the outlet sector is still in the earlier stages of development and growth," said John Klein, president of Simon's Premium Outlets division.

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