<ARTICLE> 5
<CIK> 0001063761
<NAME> SIMON PROPERTY GROUP INC
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                          78,971
<SECURITIES>                                         0
<RECEIVABLES>                                  215,703
<ALLOWANCES>                                         0<F1>
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0<F2>
<PP&E>                                      11,646,393
<DEPRECIATION>                                 634,277
<TOTAL-ASSETS>                              13,013,550
<CURRENT-LIABILITIES>                                0<F2>
<BONDS>                                      7,744,926
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    717,916
<COMMON>                                            17
<OTHER-SE>                                   2,623,226
<TOTAL-LIABILITY-AND-EQUITY>                13,013,550<F3>
<SALES>                                              0
<TOTAL-REVENUES>                               932,969
<CGS>                                                0
<TOTAL-COSTS>                                  504,915
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 1,598
<INTEREST-EXPENSE>                             281,749
<INCOME-PRETAX>                                141,509
<INCOME-TAX>                                   141,509
<INCOME-CONTINUING>                            141,509
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  7,002
<CHANGES>                                            0
<NET-INCOME>                                   102,655
<EPS-PRIMARY>                                     0.72
<EPS-DILUTED>                                     0.72
<FN>
<F1>Receivables are stated net of allowances.
<F2>The Registrant does not report using a classified balance sheet.
<F3>Includes limited partner's interest in the Operating Partnership of 
$990,378, and preferred stock of subsidiary of $339,262.
</FN>