Taubman Centers
Taubman Centers has a mission: “to own, manage, develop and acquire retail properties that deliver superior performance to [their] shareholders,” as listen on their website. They have certainly achieved this goal through the development of malls across the United States, now even expanding towards Asia. Taubman Centers is responsible for numerous upscale regional malls in America, including but not limited to malls such as the MacArthur Center in Virginia, the International Plaza and Bay Street at Florida and the Beverly Center in Los Angeles, California. Aside from owning over twenty malls nationwide, Taubman has also managed almost twenty other malls, which are now owned by different companies. It is currently in the process of developing nine other new malls in various states, with its subsidiary Taubman Asia building two new malls, in China and South Korea. It was founded in 1950 by A. Alfred Taubman and since then, has gone all the way to having the highest selling portfolio of malls in any mall company in America.
That is already one great reason for investing in Taubman, The company began trading on the New York Stock Exchange back in 1992, and its own development has been reflected by its prices: today, its share values have almost reached fifty dollars, and with the upward surge of prices, they are sure to. The company is now not only an expert in mall development, but also an expert on finance, for it is flourishing in the stock market. To further analyze Taubman Centers’ NYSE listing, one may be aided by stock trading software.
