PROXY CORNER: Simon Property Group Inc.

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Simon Property Group Inc., 225 W. Washington St., 46204 (www.simon.com), is a real estate investment trust that owns, operates, manages, leases and develops regional malls and community shopping centers. For the quarter ended March 31, the company reported net income of $9.4 million, or 3 cents per diluted share, on $925.1 million in revenue. Those totals compare with net income of $106.8 million, or 45 cents per diluted share, on $918.5 million in revenue during the same period the previous year. The company’s shares trade on the New York Stock Exchange under the ticker symbol SPG. Information for Proxy Corner was taken from Yahoo! Finance and from the company’s proxy statement dated March 26, 2010.

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