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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 28, 2008

GRAPHIC

SIMON PROPERTY GROUP, INC.
(Exact name of registrant as specified in its charter)

Delaware   001-14469   046268599
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
225 WEST WASHINGTON STREET
INDIANAPOLIS, INDIANA
   
46204
(Address of principal executive offices)   (Zip Code)

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 Operations and Financial Condition

        On July 28, 2008, Simon Property Group, Inc. (the "Registrant") issued a press release containing information on earnings for the quarter ended June 30, 2008 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 ("REITs") 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 67 and 75 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 28, 2008, 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, 2008 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:

        Exhibits:

Exhibit No.
  Description   Page Number in
This Filing
 
  99.1   Supplemental Information as of June 30, 2008     5  

 

99.2

 

Earnings Release for the quarter ended June 30, 2008

 

 

64

 

2



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 28, 2008        

 

 

SIMON PROPERTY GROUP, INC.

 

 

By:

 

/s/ 
STEPHEN E. STERRETT

Stephen E. Sterrett,
Executive Vice President and
Chief Financial Officer

3



SIMON PROPERTY GROUP
Table of Contents
As of June 30, 2008

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

    11-12  

 

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, 2008-2011

    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  

 

Mills Operational Information

    37  

 

Mills Property Listing

    38  

 

International Operational Information

    39  

 

International Property Listing

    40-42  

 

Development Activity

       

 

Capital Expenditures in the U.S. Portfolio

    43  

 

U.S. Development Activity Report

    44-46  

 

International Development Activity Report

    47  

 

Balance Sheet Information

       

 

The Company's Share of Total Debt Amortization and Maturities by Year

    48  

 

Summary of Indebtedness

    49  

 

Summary of Indebtedness by Maturity

    50-57  

 

Unencumbered Assets

    58-62  

 

Preferred Stock/Units Outstanding

    63  

 

Quarterly Earnings Announcement

       

Exhibit 99.2

 

Press Release

    64  

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SIGNATURES
SIMON PROPERTY GROUP Table of Contents As of June 30, 2008