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Taubman Centers, Inc. is an American real estate investment trust headquartered in Bloomfield Hills, Michigan. The company invests in shopping centers, and is a subsidiary of Simon Property Group since 2020.
Taubman is on the executive board of the National Association of Real Estate Investment Trusts (NAREIT) and is a member and immediate past chairman of the Real Estate Roundtable in Washington, D.C. He is a member and past trustee of the Urban Land Institute (ULI) and founding chairman of ULI’s Detroit Regional District Council.
Taubman lead a group that bought the Irvine Company in 1977 and sold his stake to Donald Bren in 1983. [20] Taubman bought A&W Restaurants in 1982, [21] and sold it to Sagittarius Acquisitions in December 1994. [21] From 1983 to 1984, Taubman was the majority owner of the Michigan Panthers of the United States Football League.
Simon Property (SPG) will now pay $43 per share in cash, down 18% from the previously-agreed price of $52.50 in February to purchase an 80% stake in Taubman Centers (TCO).
Simon Property Group, the nation's biggest mall owner, has negotiated a lower price to purchase a controlling interest in Taubman Centers in a deal that was nearly killed by the coronavirus pandemic.
Hospitality and Entertainment and Taubman Realty Group comes Vivo! Dolphin Mall, a 62,000-square-foot dining and entertainment space, scheduled to open this summer at the Sweetwater mall, which ...
Pages in category "Real estate companies established in 1950" ... Lippo Group; R. RPT Realty; T. Taubman Centers
A real estate investment trust-related exchange traded fund led the charge on Monday after Simon Property Group (NYSE: SPG) revealed plans to take a majority stake in rival mall owner Taubman ...
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