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General Growth Properties Revises Time of Fourth Quarter 2011 Earnings Conference Call to 9:00am EST
Feb 1, 2012
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CHICAGO, Feb. 1, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) will report financial and operational results for the fourth quarter 2011 after the close of business on February 8, 2012. GGP management will host a conference call for investors and other interested parties at 9:00 a.m. EST on Thursday, February 9, 2012. This time i...
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GGP Sends Shoppers On The Hunt To Find The Love This Valentine's Day
Feb 1, 2012
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CHICAGO, Feb. 1, 2012 /PRNewswire/ -- Looking for a little amore this Valentine's Day? If so, General Growth Properties (NYSE: GGP) challenges shoppers to power up their mobile devices to search for the love at a GGP mall. Beginning February 1, customers can enter the Where Is the Love? sweepstakes by finding and scanning love-themed QR codes hidde...
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General Growth Properties Announces Tax Reporting Information for 2011 Distributions
Jan 19, 2012
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CHICAGO, Jan. 19, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) announced today the tax reporting information for 2011 distributions on its common stock as shown below.
For 2011, $0.826000 per common share was distributed in the form of cash and Rouse Properties, Inc. common stock. Of this amount, $0.599298 per common shar...
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General Growth Properties Announces Fourth Quarter 2011 Earnings Release and Conference Call
Jan 17, 2012
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CHICAGO, Jan. 17, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) will report financial and operational results for the fourth quarter 2011 after the close of business on February 8, 2012. GGP management will host a conference call for investors and other interested parties at 10:00 a.m. EST on Thursday, February 9, 2012. The infor...
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GGP Shareholder Tax Basis Information Regarding the Distribution of Rouse Properties, Inc.
Jan 17, 2012
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CHICAGO, Jan. 17, 2012 /PRNewswire/ -- On January 12, 2012, General Growth Properties, Inc. (NYSE: GGP) distributed (the "Distribution") its shares in RPI to the shareholders of record as of the close of business on December 30, 2011 (each a "GGP Shareholder"). GGP Shareholders were entitled to receive approximately 0.0375 shares of RPI common sto...
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Rouse Properties, Inc. Debuts as Publicly Traded Regional Mall REIT
Jan 12, 2012
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NEW YORK, Jan. 12, 2012 /PRNewswire/ -- Today, Rouse Properties, Inc. (NYSE: RSE) (Rouse) becomes an independent regional mall company that will formally commence "regular way" trading under the symbol RSE when the New York Stock Exchange opens January 13, 2012.
Rouse is a publicly traded real estate investment trust (REIT) focused on the m...
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Perimeter Mall Welcomes Von Maur Department Store
Jan 5, 2012
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CHICAGO, Jan. 5, 2012 /PRNewswire/ -- General Growth Properties (NYSE: GGP) today announced the addition of Von Maur department store as an anchor to Perimeter Mall, a premier Atlanta mall with sales of more than $550 per square foot. The new upscale department store is projected to open in fall 2012. Von Maur will replace the soon to be vacant Blo...
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General Growth Properties Approves Spin-off of Rouse Properties and Announces Final Capital Structure
Dec 20, 2011
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CHICAGO, Dec. 20, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP") announced today its board of directors approved the spin-off of its subsidiary, Rouse Properties, Inc. ("Rouse Properties").
The spin-off will be completed through a pro rata taxable dividend of voting common stock of Rouse Properties held by GGP on T...
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General Growth Properties Announces Live Audio Webcast of 2011 Institutional Investor and Analyst Conference
Dec 5, 2011
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CHICAGO, Dec. 5, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP" or "Company") today announced it will webcast live the audio portion of its 2011 Institutional Investor and Analyst Conference on December 8, 2011. The webcast will begin at 8:45am Central time and end approximately at 12:00pm Central time.
The live aud...
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General Growth Properties, Inc. Appoints New Chief Financial Officer
Nov 28, 2011
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CHICAGO, Nov. 28, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP") announced today the appointment of Michael B. Berman as its new executive vice president and chief financial officer, effective December 15, 2011. Mr. Berman replaces Steve Douglas, who will return to Brookfield Asset Management after his tenure with GGP and...
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General Growth Properties Announces Vice President of Investor Relations
Nov 22, 2011
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CHICAGO, Nov. 22, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP" or the "Company") today announced Kevin Berry has been named vice president of investor relations. Mr. Berry brings two decades of industry experience in both the private and public sectors of real estate. In his role as vice president of investor relations ...
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Andrew Silberfein Named President and Chief Executive Officer of Rouse Properties, Inc.
Nov 17, 2011
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CHICAGO, Nov. 17, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP" or "Company") today announced Andrew Silberfein as the first president and chief executive officer of Rouse Properties, Inc.
Mr. Silberfein, 47, is currently executive vice president of retail and finance for Forest City Ratner Companies (FCRC). In this...
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General Growth Properties, Inc. and Kimco Realty Form Joint Venture Partnership to Redevelop Owings Mills Mall in Maryland
Nov 10, 2011
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CHICAGO, Nov. 10, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP") and Kimco Realty (NYSE: KIM) today announced a joint venture partnership in which both companies would own 50 percent interest of Owings Mills Mall in Owings Mills, Maryland (Baltimore County). As part of the joint venture, GGP and Kimco will co-lead a redev...
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The Club Mobile App Saves Holiday Shoppers Time and Money
Nov 10, 2011
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CHICAGO, Nov. 10, 2011 /PRNewswire/ -- Just in time for the holidays, General Growth Properties (NYSE: GGP) launches an enhanced version of its mobile application. The Club app is back in a big way, and this year's enhancements arm on-the-go shoppers with a unique shopping guide that not only saves shoppers money, but lessens the stress of shopping...
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General Growth Properties, Inc. Reports Third Quarter 2011 Results
Nov 9, 2011
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CHICAGO, Nov. 9, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP" or the "Company") today reported financial and operating results for the three and nine months ended September 30, 2011.
The Company reported Core Funds From Operations ("Core FFO") of $224.2 million, or $0.23 per diluted share, for the third quarter of 2011...
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Glendale Galleria Announces Bloomingdale's Department Store
Nov 3, 2011
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CHICAGO, Nov. 3, 2011 /PRNewswire/ -- General Growth Properties (NYSE: GGP) today announced plans to add Bloomingdale's department store as an anchor to Glendale Galleria, one of GGP's premier shopping destinations in Southern California. The center will undergo an expansive renovation, incorporating aesthetic updates to both the interior and exte...
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General Growth Properties, Inc. Completes Nearly $1 Billion Refinancing of Four Malls
Oct 17, 2011
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CHICAGO, Oct. 17, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP") today announced the refinancing of four shopping malls representing $966 million of new mortgages. These four new fixed-rate mortgages have a weighted average term of 9.1 years and a weighted average interest rate of 4.63%, as compared to the 5.66% rate on th...
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GGP Sells Faneuil Hall Marketplace for $140 Million
Oct 14, 2011
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CHICAGO, Oct. 14, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP") today announced in the last three months it sold three non-core assets for $280 million, including Boston's Faneuil Hall Marketplace. In August, the office and garage components of Westlake Center sold for $119 million; while Riverside Plaza, a retail strip ...
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General Growth Properties, Inc. to Release Third Quarter Earnings on November 9, 2011
Oct 12, 2011
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CHICAGO, Oct. 12, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) announced today it will release its third quarter 2011 earnings prior to the market open on Wednesday, November 9, 2011. This release will be followed by an earnings call also on Wednesday, November 9, 2011, at 11:00 a.m. Eastern time / 10:00 a.m. Central time with ...
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General Growth Properties, Inc. and Canada Pension Plan Investment Board Form Joint Venture Partnership to Acquire Plaza Frontenac in St. Louis; CPPIB Also Acquires Interest in Saint Louis Galleria
Sep 21, 2011
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CHICAGO and TORONTO, Sept. 21, 2011 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) ("GGP") and Canada Pension Plan Investment Board ("CPPIB") today announced a joint-venture partnership to acquire Plaza Frontenac. As part of the transaction, CPPIB also will invest in GGP's Saint Louis Galleria. The joint venture will maintain ownership...
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