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

10/29/2019 Taubman Centers, Inc. Issues Third Quarter Results
Net Income and Earnings Per Diluted Common Share (EPS) Higher Due to Sale of Interest in Starfield Hanam Pro Rata Total Portfolio NOI, Excluding Lease Cancellation Income, Up 0.7 Percent for the Quarter and 3.6 Percent Year-to-Date Average Rent Per Square Foot Up 2.3 Percent Trailing 12-Month Tenant Sales Per Square Foot $868, Up 12 Percent Sales Per Square Foot Up 11.2 Percent, 13th Consecutive Quarter of Growth Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the third quarter of 2019.   September 30, 2019 September 30, 2018 September 30, 2019 September 30, 2019 Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Net income attributable to common shareowners, diluted (in thousands) $216,873 $21,007 $239,223 $54,950 Net income attributable to common shareowners (EPS) per diluted common share $3.48(1) $0.34 $3.84(1) $0.90 Funds from Operations (FFO) per diluted common share $0.88 $1.05 $2.59 $2.85 Growth rate (16.2)%   (9.1)%...
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10/22/2019 Santa’s Flight Academy Returns to 12 Taubman Centers
Technology and holiday spirit come together to create an interactive holiday experience Santa’s Flight Academy, an immersive Santa experience for kids and kids at heart, is returning to 12 Taubman shopping centers this holiday season (locations and dates are listed below). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191022005335/en/ Santa’s Flight Academy (Photo: Business Wire) The 3,000 sq. ft. Santa’s Flight Academy experience is a personalized holiday adventure. Each visiting cadet receives a flight crew badge then, as an elite member of Santa’s flight crew, is fitted with a virtual flight suit. From there, the cadet partners with a helpful elf to inspect and power Santa’s 22 ft. tall sleigh using a series of interactive stations. The visit culminates with a snowfall dance party and, of course, time with Santa. “There’s nothing in the industry like Santa’s Flight Academy,” said William Taubman, the company’s chief...
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10/11/2019 Taubman Schedules Third Quarter Earnings Release and Conference Call
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. Shareholders and interested parties may listen to a live broadcast of the conference call by dialing 1-866-820-1712 or 1-973-638-3468 and using reservation code 7378946 or by accessing the call online at http://investors.taubman.com/investors/investor-events-and-presentations. An online replay will be available for approximately 90 days. A telephone replay will be available until November 6, 2019 and can be accessed by dialing 1-855-859-2056 using reservation code 7378946. About Taubman 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. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S....
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TCO: $ 35.28
Change+0.09(+0.26%) Volume: 252,556 November 11, 2019 Pricing delayed 20 minutes

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Contact

  • Investor Relations

    Ryan Hurren

    Vice President, Investor Relations, Interim Chief Accounting Officer

    rhurren@taubman.com

    T: (248) 258-7232

  •  

    Erik Wright

    Manager, Investor Relations

    ewright@taubman.com

    T: (248) 258-7390

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TCO 35.28
Change+0.09(+0.26%) Volume: 252,556 November 11, 2019