Taubman Centers

From Wikipedia, the free encyclopedia
Jump to: navigation, search

Taubman Centers (NYSETCO) is an owner of regional malls in the United States, and has headquarters in Bloomfield Hills, Michigan. The Taubman Asia subsidiary is headquartered in Hong Kong. It has the highest selling portfolio of malls (by Square Foot Sales) in any mall company in the United States.

Taubman was founded in 1950 by real estate pioneer A. Alfred Taubman. The company stock began trading on the New York Stock Exchange in 1992 as a Real Estate Investment Trust. Most of the malls developed by Taubman have a very similar interior design. Many feature an upscale, bright white color scheme with contemporary, geometric ceiling designs and skylights.

The current Chief Executive Officer is Robert S. Taubman, the son of A. Alfred Taubman.

Currently owned/managed by Taubman[edit]

Upcoming Centers[edit]

Taubman America[edit]

Taubman Asia[edit]

Under Construction[edit]

Former properties[edit]

Restatement[edit]

On May 3, 2000, the company restated financial statements to reflect the adoption of Staff Accounting Bulletin 101.[4] On February 8, 2005, For 2004 to be consistent with industry practice, the company began adding back depreciation that is included in recoverable expenses and has restated 2003 to be comparable. [5]

See also[edit]

References[edit]

External links[edit]