Transforming Retail Through Innovation 2020

CREATINGTHE MIXED-USE DESTINATIONS OFTHEFUTURE

In our vision to be the epicenter of commerce and community, Simon is investing in our properties to become the ultimate live, work, play, stay, and shop destination in the world’s top markets. Some of our most exciting projects feature state-of-the-art residential opportunities and ultra-modern office and commercial spaces. Key projects include: PHIPPS PLAZA Undergoing a groundbreaking transformation featuring a signature Nobu Hotel and Nobu Atlanta restaurant , a 90,000-square-foot Life Time Athletic , Pinstripes , and a 13-story Class A office building. NORTHGATE A paradigm for Simon’s 360° live, work, play, stay, shop community model featuring an NHL Seattle corporate complex, three ice skating rinks , plus 800,000 square feet of new Class A office space, 1,200 luxury multifamily residences , hotels , and dramatic green spaces . BREA MALL ® Reimagined as a mixed-use destination, development is underway to include a Life Time Athletic , luxury residences , great restaurants , and fresh retail brands .

HIGHLIGHTS $7B

30+ 4,500+ 1M+ Square Feet Redevelopments Completed in 2018 Residential Units Planned

Portfolio Investment Over Past 7 Years

$1B $5B Portfolio Investment Portfolio Investment Annually

Commercial Office Space Planned

Over Next 5 Years