Taubman Centers

Santa’s Flight Academy Returns to 12 Taubman Centers

Retrieved on: 
Tuesday, October 22, 2019

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia.

Key Points: 
  • Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.
  • For ease of use, references in this press release to Taubman Centers,, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.
  • Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.

Taubman Schedules Third Quarter Earnings Release and Conference Call

Retrieved on: 
Friday, October 11, 2019

Taubman Centers, Inc. (NYSE: TCO) will announce its third quarter 2019 earnings after the market closes on October 29, 2019.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) will announce its third quarter 2019 earnings after the market closes on October 29, 2019.
  • The company will host a conference call to discuss these results on October 30 at 10 a.m. EDT.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.
  • For ease of use, references in this press release to Taubman Centers,, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.

Taubman Completes Sale of Interest in Starfield Hanam to Blackstone

Retrieved on: 
Thursday, September 19, 2019

Taubman Centers, Inc. (NYSE: TCO) today announced the completion of the sale of 50 percent of Taubman Asias interest in Starfield Hanam (Hanam, South Korea) to real estate funds managed by The Blackstone Group Inc. (Blackstone) for $300 million.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) today announced the completion of the sale of 50 percent of Taubman Asias interest in Starfield Hanam (Hanam, South Korea) to real estate funds managed by The Blackstone Group Inc. (Blackstone) for $300 million.
  • Following the sale, Taubman will own a 17.15 percent beneficial interest in the shopping center.
  • This sale is consistent with Taubmans announcement to sell 50 percent of its three Asia-based shopping centers to Blackstone, with closings expected throughout 2019.
  • See Taubman to Sell 50 Percent of its Interests in its Three Asia Shopping Centers to Blackstone February 14, 2019.

Taubman Centers Declares Common and Preferred Dividends

Retrieved on: 
Thursday, September 5, 2019

Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.675 per share of common stock.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.675 per share of common stock.
  • The preferred dividends will be payable September 30, 2019, to shareholders of record on September 16, 2019.
  • Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia.
  • For ease of use, references in this press release to Taubman Centers, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.

Taubman Centers to Present at the Bank of America Merrill Lynch 2019 Global Real Estate Conference

Retrieved on: 
Wednesday, September 4, 2019

Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman, chairman, president and chief executive officer will present to the investment community at the Bank of America Merrill Lynch 2019 Global Real Estate Conference on Wednesday, September 11, 2019 at 2:10 p.m. EDT.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman, chairman, president and chief executive officer will present to the investment community at the Bank of America Merrill Lynch 2019 Global Real Estate Conference on Wednesday, September 11, 2019 at 2:10 p.m. EDT.
  • An online replay will follow shortly after the presentation and be available at the same link until Monday, December 9, 2019.
  • Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.

Brian Ross Joins Starwood Retail Partners As Senior Vice President Of Leasing

Retrieved on: 
Monday, August 26, 2019

CHICAGO, Aug. 26, 2019 /PRNewswire/ --Starwood Retail Partners ("SRP"), the retail operating platform formed by Starwood Capital Group, a leading global private investment firm, announced today that Brian Ross has been named Senior Vice President of Leasing.

Key Points: 
  • CHICAGO, Aug. 26, 2019 /PRNewswire/ --Starwood Retail Partners ("SRP"), the retail operating platform formed by Starwood Capital Group, a leading global private investment firm, announced today that Brian Ross has been named Senior Vice President of Leasing.
  • "Brian has a broad skill set in both malls and power centers, making him ideally suited to undertake the task of evolving our shopping centers," said Starwood Retail COO Vince Corno.
  • Brian is an accomplished industry professional having spent the last three years a Vice President of Leasing & Development at Brookfield Properties Retail heading up big box leasing and development for Brookfield's east region.
  • Owned by Starwood Capital Group, Starwood Retail Partners manages 30 malls and lifestyle centers in 16 states across the country.

Starwood Retail Partners Promotes Vincent A. Corno To Chief Operating Officer

Retrieved on: 
Thursday, August 8, 2019

CHICAGO, Aug. 8, 2019 /PRNewswire/ --Starwood Retail Partners and its parent, Starwood Capital Group, a leading global private investment firm, announced today that Vincent Corno has been named Chief Operating Officer of Starwood Retail Partners.

Key Points: 
  • CHICAGO, Aug. 8, 2019 /PRNewswire/ --Starwood Retail Partners and its parent, Starwood Capital Group, a leading global private investment firm, announced today that Vincent Corno has been named Chief Operating Officer of Starwood Retail Partners.
  • "Vince is one of the most experienced and well-known retail development executives in the business and a true leader in our industry," said Starwood Retail CEO Michael Glimcher.
  • Prior to joining Starwood Retail Partners in 2018, Corno held senior roles with major retail and real estate organizations, including his role as Executive Vice President and President of the Midwest at Brixmor Property Group.
  • Owned by Starwood Capital Group, Starwood Retail Partners manages 30 malls and lifestyle centers in 16 states across the country.

Taubman Schedules Second Quarter Earnings Release and Conference Call

Retrieved on: 
Monday, July 1, 2019

Taubman Centers, Inc. (NYSE: TCO) will announce its second quarter 2019 earnings after the market closes on July 25, 2019.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) will announce its second quarter 2019 earnings after the market closes on July 25, 2019.
  • The company will host a conference call to discuss these results on July 26, 2019 at 11 a.m. EDT.
  • Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.
  • For ease of use, references in this press release to Taubman Centers,, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.

Land & Buildings Issues Open Letter to Taubman Shareholders

Retrieved on: 
Tuesday, June 11, 2019

Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings") today sent the following letter to the shareholders of Taubman Centers, Inc. (NYSE: TCO) (Taubman, Taubman Centers or the "Company).

Key Points: 
  • Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings") today sent the following letter to the shareholders of Taubman Centers, Inc. (NYSE: TCO) (Taubman, Taubman Centers or the "Company).
  • The full text of the letter follows:
    With the 2019 Annual Meeting of Shareholders (the 2019 Annual Meeting) of Taubman Centers now behind us, we need to focus on the future of our Company.
  • As I experienced firsthand, one independent shareholder voice in the boardroom was simply not enough to implement the changes necessary to drive shareholder value at Taubman.
  • Their best defense against a proxy contest in 2020 is to drive material outperformance by maximizing value for all shareholders.

Taubman Centers Declares Common and Preferred Dividends

Retrieved on: 
Thursday, May 30, 2019

Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.675 per share of common stock.

Key Points: 
  • Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.675 per share of common stock.
  • The preferred dividends will be payable June 28, 2019, to shareholders of record on June 14, 2019.
  • Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 27 regional, super-regional and outlet shopping centers in the U.S. and Asia.
  • For ease of use, references in this press release to Taubman Centers,, we, us, our, company, Taubman or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities.