Simon Property Group Completes Spinoff of Washington Prime Group

This week is quite a busy week in the spinoff world. The action started yesterday with the completion of Simon Property Group’s (SPG) spinoff of the Washington Prime Group. The new company will hold interests in 98 retail assets including Simon’s strip center business and select, smaller malls. The new company, a REIT, is trading under the ticker ‘WPG‘… Read More »