Corporate Profile

Taubman creates extraordinary retail environments for shoppers, merchants, communities and investors. Our portfolio of regional and super-regional malls, located in major markets across the U.S., is the most productive in the nation. We build shareholder value through the intense management of our existing properties and the highly selective development of new shopping destinations. The company extends its reach internationally through its Taubman Asia subsidiary.

Latest News

05/23/2017 Taubman Comments on ISS and Glass Lewis Reports
Taubman Urges Shareholders to Vote “FOR” Taubman Centers’ Director Nominees on the WHITE Proxy Card Taubman Centers, Inc. (NYSE: TCO) (the “Company”) today issued the following statement in response to reports issued by Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. ( Glass Lewis ) regarding the election of directors to Taubman’s Board at the Company’s 2017 Annual Meeting of Shareholders to be held on June 1, 2017 : We believe that ISS and Glass Lewis have erred by not recommending that shareholders vote on the WHITE proxy card in support of ALL of Taubman’s highly-qualified director nominees – Robert (“Bobby”) S. Taubman, Cia Buckley Marakovits and Myron (“Mike”) E. Ullman III. Instead of assessing Land & Buildings’ slate on its merits, the proxy advisory firms instead regrettably based their recommendations on other factors, such as the Company’s decision to reject a hostile takeover attempt from 15 years ago – a decision that even ISS acknowledges was...
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05/22/2017 Four New Restaurants to Join Beverly Center’s Culinary Lineup as Part of its Complete Reimagination
More award-winning, exciting concepts will be announced this year Taubman Centers, Inc. (NYSE: TCO) today announced four new restaurants will join Beverly Center’s culinary lineup as part of the shopping and dining destination’s $500 million reimagination. The restaurants - Cal Mare, Eggslut, FARMHOUSE and Yardbird - will be located on Level 1 and all are anticipated to open by the end of 2018. More award-winning, exciting concepts will be announced this year. “We have always focused on food as a key component of Beverly Center’s renovation,” said Taubman’s Chief Operating Officer William Taubman . “In doing so, we have curated a collection of point-of-difference restaurants offering a variety of different cuisine and price points from which to choose. The experience will be unlike anything offered in the market today.” Full-Service Restaurants: Cal Mare by Chef Michael Mina A brand new 8,200 square foot concept from James Beard Award-winning, Michelin-starred Chef Michael Mina, Cal...
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04/27/2017 Taubman Centers, Inc. Issues Solid First Quarter Results
Mall Tenant Sales Per Square Foot Up 1.2 Percent in the Quarter Trailing 12-Month Releasing Spreads Of 16.3 Percent Average Rent Per Square Foot Up 1 Percent CityOn.Zhengzhou Opened 100 Percent Leased Country Club Plaza Office Tower Sold Quarterly Common Stock Dividend Increased 5 Percent to $0.625 Per Share Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the first quarter of 2017.             March 31, 2017   March 31, 2016 Three Months Three Months     Ended   Ended Net income attributable to common shareowners, diluted (in thousands) $17,215 $24,679 Growth rate   (30.2)%     Net income attributable to common shareowners (EPS) per diluted share $0.28 $0.41 Growth rate   (31.7)%     Funds from Operations (FFO) per diluted common share $0.85 $0.84 Growth rate   1.2%     Adjusted Funds from Operations (Adjusted FFO) per di...
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TCO: $ 61.02
Change+0.67(+1.11%) Volume: 436,414 May 23, 2017 Pricing delayed 20 minutes

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TCO 61.02
Change+0.67(+1.11%) Volume: 436,414 May 23, 2017