# Who does Simon Property Group pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/simon-property-group · Facet: suppliers · Updated: 2026-10-20T20:25:54.851+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Simon Property Group discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-10-20).

### 터브먼 리얼티 그룹 (high)
- metric: Amount $900M · 2025-10-31 · Approximate consideration for remaining 12% Taubman stake
- note: Simon acquired the remaining 12% of Taubman for approximately $0.9 billion of consideration, moving from 88% to full ownership. This is acquisition consideration, not operating expense.
- [mentions] Linevest News (KO, news, published 2026-08-12) https://linevestnews.com/ko/article/2026-08-12-simon-property-spg-q2-2026-real-estate-ffo-79-eps-12-guidanc: "The article attributes part of the Q2 2026 EPS comparison to the October 31, 2025 consolidation of Taubman."
- [confirms] SEC EDGAR (EN, filing, published 2026-02-25) https://www.sec.gov/Archives/edgar/data/1063761/000110465926019419/spg-20251231x10k.htm: "On October 31, 2025, acquired the remaining 12% ownership interest in TRG for consideration of approximately $0.9 billion."
- [mentions] Daishin Securities Research Center (KO, research, published 2024-09-04) https://money2.daishin.com/PDF/Out/intranet_data/product/researchcenter/report/2024/09/51076_us_reits_initiation_240904_vff_33.pdf: "Daishin describes Simon’s earlier Taubman stake purchase as expanding its mall portfolio."

### 브리켈 시티 센터 (high)
- metric: Amount $498M · 2025-06-27 · Cash consideration including working capital for remaining retail and parking interests
- note: Acquired the remaining 75% retail interest and 100% parking component. Cash consideration including working capital was $497.7 million, not a valuation of the entire property.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-25) https://www.sec.gov/Archives/edgar/data/1063761/000110465926019419/spg-20251231x10k.htm: "On June 27, 2025, acquired the remaining 75% retail interest and 100% parking interest; cash consideration including working capital was $497.7 million."
- [mentions] Korea Economic TV WOW Global (KO, news, published 2026-02-04) https://www.wowglobal.co.kr/News/NewsView/A202602040303: "The Korean report includes the Brickell City Centre interest among Simon’s 2025 acquisitions."

### 채권자·대출기관(비공개) (high)
- metric: Amount $281M · Q2 2026 · Consolidated interest expense
- note: Consolidated interest expense on debt and bonds, not a payment attributable to one lender or bondholder.
- [confirms] Simon Property Group (EN, ir, published 2026-08-10) https://www.sec.gov/Archives/edgar/data/1063761/000110465926093361/tm2620726d2_ex99-1.htm: "Interest expense: $281,164 thousand for the three months ended June 30, 2026."
- [confirms] SEC EDGAR (EN, filing, published 2026-08-10) https://www.sec.gov/Archives/edgar/data/1022344/000110465926093360/spg-20260630x10q.htm: "Interest expense was $281,164 thousand for the second quarter of 2026."

### 쇼핑센터 운영 용역업체(비공개) (high)
- metric: Amount $171M · Q2 2026 · Consolidated property operating expense
- note: Consolidated property operating costs paid across vendors and on-site services. Individual vendor contracts are undisclosed.
- [confirms] Simon Property Group (EN, ir, published 2026-08-10) https://www.sec.gov/Archives/edgar/data/1063761/000110465926093361/tm2620726d2_ex99-1.htm: "Property operating: $171,440 thousand for the three months ended June 30, 2026."
- [confirms] SEC EDGAR (EN, filing, published 2026-08-10) https://www.sec.gov/Archives/edgar/data/1022344/000110465926093360/spg-20260630x10q.htm: "Property operating expense was $171,440 thousand for the second quarter of 2026."

Reverse side: https://valuechain.wiki/simon-property-group/customers.md · Ripple: https://valuechain.wiki/simon-property-group/ripple.md

---
Full node: https://valuechain.wiki/simon-property-group.md · JSON: https://valuechain.wiki/simon-property-group.json