HALTON HILLS, ONTARIO, CANADA-Simon Property Group, Inc., through a partnership with Calloway Real Estate Investment Trust, has opened Toronto Premium Outlets, an upscale outlet shopping center serving Greater Toronto.

It is the first Premium Outlet Centre in Canada. Located in the Town of Halton Hills on Highway 401 at Trafalgar Road adjacent to Highways 401 and 407, the first phase of Toronto Premium Outlets comprises 358,000 square feet with 90 outlet stores. The center features high-quality designer and name brands, many of whom will be opening their initial outlet store in Canada, including: Hudson's Bay Outlet*, Banana Republic, Bench, Bose, Brooks Brothers, Coach, Cole Haan*, Columbia Sportswear*, DKNY, Dynamite, Eddie Bauer, Gap Outlet, Garage, Guess, Icebreaker*, J.Crew, Kate Spade New York*, Lucky Brand Jeans, Michael Kors, Polo Ralph Lauren*,Restoration Hardware*, Ted Baker London*, True Religion and Zumiez.

*Represents first outlet store in Canada for retailer.

"We are very pleased to announce the opening of Toronto Premium Outlets," said John Klein, president of Simon's Premium Outlets platform. "The collection of brands and the contemporary environment will provide an upscale shopping experience while offering significant savings to area residents and visitors. We welcome Canadian shoppers at many of our properties in the United States and we are pleased to also serve these valued consumers closer to home."

"Calloway's investment in Toronto Premium Outlets is consistent with our vision to provide value-oriented shopping for Canadian consumers," said Huw Thomas, CEO of Calloway, the 50/50 partner with Simon Group. "We wish to thank the Town of Halton Hills and the Region of Halton for working so cooperatively with us to ensure a successful Grand Opening for our tenants."

Residents and visitors are invited to attend the four-day Grand Opening Celebration which runs through Sunday, August 4 and features live entertainment by popular area musicians, in-store promotions, and giveaways.

Simon's Premium Outlets portfolio features 79 Premium Outlet Centers including 64 in the United States, one in Puerto Rico, nine in Japan, two in South Korea, and one each in Canada, Malaysia and Mexico.
Simon Property Group, Inc. is a global leader in the retail real estate industry. The company currently owns or has an interest in 326 retail real estate properties in North America and Asia comprising 241 million square feet. Simon is headquartered in Indianapolis, and employs approximately 5,500 people in the U.S.

Calloway is one of Canada's largest real estate investment trusts with an enterprise value of approximately$6 billion. It owns and manages approximately 26 million square feet in 115 value-oriented retail centres having the strongest national and regional retailers, as well as strong neighbourhood merchants. Calloway's vision is to provide a value-oriented shopping experience to Canadian consumers.

Instant Insights /

Simon Property Group and Calloway REIT Open Toronto Premium Outlets

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