Simon Property Group
Fashion
Simon Property sues Gap over unpaid rent
Simon Property Group is suing Gap as the fashion retailer failed to pay more than US$ 65.9 million in rent and other charges due during the coronavirus pandemic.
In late April, Gap stopped paying rent on its temporarily shuttered stores,...
Fashion & Lifestyle
Aéropostale on road to recovery, says buyer Simon Property Group
Mall developer Simon Property Group thinks struggling and recently bankrupt teen apparel chain Aéropostale could bounce back in a major way and potentially double its store fleet.
The group - which bought Aéropostale - has kept 500 of Aeropostale’s 700 stores...
Retail
Phoenix Mills appoints new COO
Mumbai-based real estate developer Phoenix Mills Ltd (PML) has appointed Tony Ward as the COO, leasing and land acquisition.Tony will head leasing operations for the group's new retail-led developments across India. He will be responsible for selection of brands,...
Retail
Wadia Group Simon Group to develop luxury malls
According to unconfirmed reports, the Wadia Group is entering into a 50:50 joint venture (JV) with Simon Global Ltd, a subsidiary of the US-based real estate company Simon Property Group Inc. (SPG), to develop luxury shopping centres in India....
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Latest News
Pizza Hut opens 3 outlets in Mumbai
The new Pizza Hut stores are located at Square Mall in Vile Parle, Gharda Circle in Dombivli, and Ganesh...
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