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The Premium Outlets® portfolio includes 77 Premium Outlet Centers® including 64 in the United States, one in Puerto Rico, eight in Japan, two in Korea, one in Malaysia and one in Mexico as well as additional outlet centers for a total of 82 properties. Premium Outlet Centers® in the United States are located primarily in or near major metropolitan markets such as New York, Los Angeles, Boston and Chicago and visitor markets such as Orlando, Las Vegas and Palm Springs. Phoenix Premium Outlets opened on April 4, 2013 in Chandler, AZ at Wild Horse Pass. St. Louis Premium Outlets (Chesterfield, MO) opensAugust 22, 2013.
Additional information can be found at www.premiumoutlets.com
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 eight 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 is scheduled to open September 2013.
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 Bahur, close to Senai 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, will be located in the Town of Halton Hills, Ontario, just 15 minutes outside of Toronto. The center, located at Highway 401 and Trafalgar Road, is under construction with an August 1, 2013 opening. 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.
Simon Property Group and Bailian Group have signed a memorandum of understanding (MOU) to jointly develop a branded Premium Outlet Center in Pudong, Shanghai, China. The MOU also provides the joint venture the opportunity to develop additional Premium Outlet Centers in mainland China.
Simon Property Group and BR Malls have entered into a 50/50 joint venture agreement to develop and own outlet centers in Brazil. The first center of the JV is expected to open in the State of Sao Paulo in 2013.
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