Taubman Centers Declares Common and Preferred Dividends
The Board of Directors of Taubman Centers, Inc. (NYSE:TCO) today declared a regular quarterly dividend of $0.595 per share of common stock. The common dividend is payable Dec. 30, 2016 , to shareholders of record on Dec. 15, 2016 . The Board of Directors also declared quarterly dividends of $0.40625 on its 6.5% Series J Cumulative Preferred Shares (NYSE:TCO PR J) and $0.390625 on its 6.25% Series K Cumulative Preferred Shares (NYSE:TCO PR K). The preferred dividends will be payable Dec. 30, 2016, to shareholders of record on Dec. 15, 2016. 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. regional mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong....
First-of-its-Kind ‘Santa’s Flight Academy’ to Debut Exclusively at 12 Taubman Shopping Centers This Holiday Season
Larger-than-life reimagination of the North Pole paired with state-of-the-art technology enables children to partner with Santa’s Elves to prepare his sleigh for its journey around the world To rediscover the magic and tradition of the holiday season, Taubman will debut “Santa’s Flight Academy,” a one-of-a-kind, immersive holiday experience that combines a giant reimagination of the North Pole with state-of-the-art technology to enable children to become a member of Santa’s flight crew. Partnering with an elf – either Sleigh Mechanic George, Flight Director Sparkle or Reindeer Caretaker Flash – each child will help ready Santa’s sleigh so he can deliver presents to children around the world. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161102006426/en/ “We’re thrilled to offer Santa’s Flight Academy to give children a truly immersive holiday experience,” said William Taubman, chief operating officer, Taubman...
Taubman Asia and Wangfujing Group Co., Ltd Announce an Unprecedented Retail Lineup for CityOn.Zhengzhou Shopping Center
CityOn.Zhengzhou to bring a fresh, contemporary shopping experienceto Central China Zhengzhou – November 2, 2016 – Taubman Asia, a subsidiary of Taubman Centers, Inc. (NYSE: TCO) and Wangfujing Group Co., Ltd (Shanghai Stock Exchange: 600859), today announced a strong collection of contemporary retailers set to open at CityOn.Zhengzhou in Henan province, Central China. When it opens in March 16, 2017, CityOn.Zhengzhou will be 100 percent leased and 90 percent occupied with nearly 200 stores and restaurants. Located in the heart of Zhengdong New District, the six-level, 94,000 square meter (approximately one million square feet) shopping and dining destination will offer a curated mix of domestic, international and lifestyle brands from fast fashion to accessible luxury anchored by a four-level Wangfujing department store. “We are thrilled to see our second China project coming to life in Zhengzhou,” said René Tremblay, president of Taubman Asia. “This project will contribute value to...