Simon, Genting Take Luxury Outlet Concept To Malaysia

Law360, New York (December 2, 2011, 1:31 PM EST) -- Simon Property Group Inc. has joined forces with Asian conglomerate Genting Berhad to open a luxury outlet center in Johor Bahru, Malaysia, just north of Singapore, featuring merchants like Adidas, Burberry and Michael Kors, the Indianapolis-based real estate giant said Friday.

Johor Premium Outlets is a 173,000-square-foot shopping center that features 80 stores, Simon Property Group said, adding that Malaysia Prime Minister Najib Razak will attend the Dec. 11 grand opening.

"For us, as a real estate company, to enter into another country with a high-quality...
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