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Simon invests nearly $569 million in McArthurGlen

Simon Property Group, in the United States, the largest mall owner agrees, the European McArthur Glen designer shop operator Group invested ? 435 Million ($ 565 million).
Simon Property, headquartered in Indianapolis, Indiana, United States, will be the nature of McArthur Glen six stake and became a British company's property management and development business partners. Investment including Austria, Italy, the Netherlands, the United Kingdom and Canada properties.
Simon Property McArthur Glen said: There is one in Europe, the best-performing retail real estate portfolio and processing, support the company's international growth plans. McArthur Glen said operations in the United States and Asia malls and shops, Simon Property unprecedented resources and expertise, entrepreneurship.
Simon Property shares added 24 cents to settle at $ 166.68 after hours, down 4 cents.
 



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