MGM, Dubai World Sell Las Vegas Mall to Simon, Invesco for $1.1 Billion

Wall Street Journal, Mar. 18, 2016–Hufford, Austen MGM Resorts International and Dubai World’s Infinity World Development Corp. will sell a Las Vegas luxury shopping center to mall operator Simon Property Group Inc. and Invesco Ltd. for about $1.1 billion, the latest payoff on a bet to remake the Las Vegas Strip.