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07/30/2015 Taubman Centers, Inc. Issues Solid Second Quarter Results and Raises Guidance
Comparable Center Net Operating Income (NOI) and Mall Tenant Sales Per Square Foot Up Average Rent Per Square Foot, Comparable Center Ending Occupancy, and Leased Space all Increased Releasing Spreads 29.2 Percent Hanam Union Square Construction Financing Complete 2015 FFO Guidance Raised 8 cents Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the second quarter of 2015.                               June 30, 2015 Three Months Ended   June 30, 2014 Three Months Ended   June 30, 2015 Six Months Ended   June 30, 2014 Six Months Ended   Net income attributable to common shareholders (EPS) per diluted common share   $0.37(1)   $0.33   $0.84(1)   $6.08(2) Funds from Operations (FFO) per diluted common share   $0.76(1)   $0.80   $1.57(1)   $1.70   Growth rate   (5.0)%...
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08/18/2015 A-list Cast Of Top Brands Set To Open Shop At The Boulevard At Studio City, Macau

This is a Fashion Statement MACAU, Tuesday, August 18, 2015 – Studio City International Holdings Limited, a company in which Melco Crown Entertainment Limited (NASDAQ: MPEL) owns a 60% interest and Taubman Asia, a subsidiary of U.S. mall REIT, Taubman Centers, Inc. (NYSE: TCO), today unveiled an all-star lineup of fashion brands that will open doors at Macau’s latest, and arguably, best curated retail space, The Boulevard at Studio City. The Boulevard at Studio City will bring an unparalleled shopping experience to Asia’s entertainment capital, Studio City. Unlike any retail offering to be found in Asia, the unique 35,000-square-meter ‘immersive’ retail entertainment environment brings shopping to life by ‘transporting’ visitors to high-energy street-scapes and entertaining them at every turn with featured streets and squares inspired by iconic shopping and entertainment locations, including New York’s Times Square and Hollywood’s Beverly Hills. At the futuristic Times...
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08/12/2015 Dolphin Mall Expansion Set to Open on September 15
New innovative parking deck, valet services and restaurants to open in Miami-Dade County’s largest outlet and retail value shopping center MIAMI, Aug. 12, 2015 – The newly expanded and renovated portions of Dolphin Mall will open to shoppers on Tuesday, September 15, after 18 months of construction. The mall’s new features include a state-of-the-art parking deck, as well as a new valet area that will greet those looking to dine at the five new restaurants slated for the center, including BRIO Tuscan Grille and Miami-Dade’s first Kona Grill opening that day. “Dolphin Mall is about to become more distinctive as we celebrate the grand opening of our new restaurant plaza,” said the mall’s general manager Pete Marrero. “This project underscores our commitment to providing customers with a truly convenient and enjoyable shopping and dining experience.” In addition to BRIO Tuscan Grille and Kona Grill, the center’s 32,000 square feet of new restaurant space will welcome Miami-Dade’s first...
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08/04/2015 Taubman Teams Up With Life Remodeled for Second Annual Volunteer Day
Employee volunteers to beautify Osborn neighborhood and $50K donation will fund the new technology and equipment for Osborn High School’s iLab BLOOMFIELD HILLS, Mich., Aug. 4, 2015 – Detroit’s Osborn neighborhood today received a helping hand from Taubman employees as part of the company’s second annual Volunteer Day. Taubman again joined forces with Life Remodeled to help remove blight and beautify areas near Osborn High School on Detroit’s northeast side. Taubman also donated $50,000 to pay for new information technology and audio visual equipment for the Osborn High School library, including computers, tablets, 3D printers, webcams and supplies. Life Remodeled is a Detroit-based nonprofit focused on rehabilitating Detroit schools and neighborhoods. This year’s $5 million annual project began Monday and continues through Saturday, August 8, with a community celebration on Sunday. The focus is on Osborn High, Pulaski Elementary-Middle School and 4.5 square miles of the Osborn...
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TCO 69.41
Change-0.91(-1.29%) Volume: 269,712 August 31, 2015