SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  July 30, 2007

SIMON PROPERTY GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

Registrant’s telephone number, including area code:  317.636.1600

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o               Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o               Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o               Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o               Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.   Results of Operation and Financial Condition

On July 30, 2007, Simon Property Group, Inc. (the “Registrant”) issued a press release containing information on earnings for the quarter ended June 30, 2007 and other matters. A copy of the press release is attached hereto as Exhibit 99.2 and the information in the press release is incorporated by reference into this report.

The press release and Supplemental Information package attached as Exhibit 99.1 use the non-GAAP financial measure of Funds from Operations (“FFO”). The Supplemental Information package also uses the non-GAAP measure of Net Operating Income (“NOI”). The Registrant considers FFO and NOI key measures of its operating performance that are not specifically defined by accounting principles generally accepted in the United States (“GAAP”). The Registrant believes that FFO and NOI are helpful to investors because they are widely recognized measures of the performance of real estate investment trusts and provide relevant bases for comparison among REITs. The Registrant also uses FFO and NOI internally to measure the operating performance of its portfolio. Reconciliations of net income to FFO on an estimated and historical basis are provided on pages 62 and 72 furnished herewith in Exhibit 99.2. Reconciliations of net income to NOI on a historical basis are provided on page 14 furnished herewith in Exhibit 99.1.

The Registrant is furnishing the information contained herein, including Exhibit 99.2, pursuant to Item 2.02 of Form 8-K promulgated by the Securities and Exchange Commission (the “SEC”). This information shall not be deemed to be “filed” with the SEC or incorporated by reference into any other filing with the SEC.

Item 7.01.   Regulation FD Disclosure

On July 30, 2007, the Registrant made available additional ownership and operational information concerning the Registrant, Simon Property Group, L.P., and properties owned or managed as of June 30, 2007 in the form of a Supplemental Information package, a copy of which is attached as Exhibit 99.1. The Supplemental Information package is also available upon request as specified therein.

The Registrant is furnishing the information contained herein, including Exhibit 99.1, pursuant to Item 7.01 of Form 8-K promulgated by the SEC. This information shall not be deemed to be “filed” with the SEC or incorporated by reference into any other filing with the SEC.

Item 9.01.   Financial Statements and Exhibits

Financial Statements:

None

Exhibits:

				Page Number in
Exhibit No.		Description		This Filing
99.1		Supplemental Information as of June 30, 2007		5
99.2		Earnings Release for the quarter ended June 30, 2007		61

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: July 30, 2007

	SIMON PROPERTY GROUP, INC.
	By:	/s/ STEPHEN E. STERRETT
		Stephen E. Sterrett,
		Executive Vice President and
		Chief Financial Officer

 

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SIMON PROPERTY GROUP
Table of Contents
As of June 30, 2007

Description					Page
Exhibit 99.1			Supplemental Information		5
			Company Overview
			Overview (reporting calendar, stock information, and corporate ratings)		5-6
			Ownership Structure		7
			Changes in Common Shares and Unit Ownership		8
			Financial Data
			Selected Financial and Equity Information		9
			Unaudited Pro-Rata Statements of Operations		10-12
			Unaudited Pro-Rata Balance Sheet		13
			Reconciliation of Net Income to NOI		14
			NOI Composition		15
			Analysis of Other Income and Other Expense		16
			Operational Data
			U.S. Portfolio GLA		17
			U.S. Regional Mall Operational Information		18
			U.S. Regional Mall Lease Expirations		19
			U.S. Regional Mall Top Tenants		20
			U.S. Regional Mall Anchor/Big Box Openings, 2007-2010		21-22
			U.S. Regional Mall Property Listing		23-27
			U.S. Premium Outlet Centers® Operational Information		28
			U.S. Premium Outlet Centers® Lease Expirations		29
			U.S. Premium Outlet Centers® Top Tenants		30
			U.S. Premium Outlet Centers® Property Listing		31
			U.S. Community/Lifestyle Centers Operational Information		32
			U.S. Community/Lifestyle Centers Lease Expirations		33
			U.S. Community/Lifestyle Centers Top Tenants		34
			U.S. Community/Lifestyle Centers Property Listing		35-36
			International Operational Information		37
			International Property Listing		38-40
			Mills Property Listing		41
			Development Activity
			Capital Expenditures in the U.S. Portfolio		42
			U.S. Development Activity Report		43-45
			International Development Activity Report		46
			Balance Sheet Information
			The Company’s Share of Total Debt Amortization and Maturities by Year		47
			Summary of Indebtedness		48
			Summary of Indebtedness by Maturity		49-55
			Unencumbered Assets		56-59
			Preferred Stock/Units Outstanding		60
			Quarterly Earnings Announcement
Exhibit 99.2			Press Release		61-73

 

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