All Releases
| 11/19/2009 |
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General Growth Properties Reaches Agreements in Principle on Certain Mortgage Related Debt
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CHICAGO, Nov 19, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. ("GGP") today announced it has reached
agreements in principle to restructure approximately $8.9 billion of
secured mortgage loans. Key provisions of the agreements include
maturity date extensions resulting in an average loan duration of
approx...
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| 11/12/2009 |
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GGP Malls Offer Greater Value, More Incentives to Reward Holiday Shoppers All Season Long
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CHICAGO, Nov 12, 2009 (BUSINESS WIRE) -- The gift-giving spirit will remain in full force this holiday season.
According to an online survey* conducted by NRNSM, a National
Research Network, approximately two-thirds of Americans say the
tradition of holiday gift giving remains an important part of their
holiday seaso...
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| 11/05/2009 |
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General Growth Properties, Inc. Releases Operational Results for Third Quarter 2009
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CHICAGO, Nov 05, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (the Company) reported today its third
quarter 2009 operating results. For the third quarter of 2009, Core
Funds From Operations (Core FFO) per fully diluted share were $0.28,
Funds From Operations (FFO) per fully diluted share were $0.31 and
Ea...
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| 10/22/2009 |
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New GGP American Express Gift Card Has No After-Purchase Fees, No Expiration of Funds
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CHICAGO, Oct 22, 2009 (BUSINESS WIRE) -- Just in time for the holiday shopping season, General Growth Properties,
Inc. has unveiled its new mall gift card - the Shop Etc. Gift Card. The
new card is an American Express gift card so it has no fees after
purchase, funds never expire, and it can be redeemed at nearly all U.S.
...
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| 10/16/2009 |
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Wrap Up the Holidays At America's Premier Shopping Places!
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CHICAGO, Oct 16, 2009 (GlobeNewswire via COMTEX News Network) -- Visiting friends and family this holiday season? America's Premier Shopping Places are located in everyone's favorite destinations including Chicago, New York, Boston, Las Vegas, Miami, Orlando, New Orleans, Honolulu, San Antonio, Baltimore, Portland and more! Each of America's Premie...
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| 10/13/2009 |
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City of Atlanta and General Growth Properties Kick off the New Atlanta Street Vending Program
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ATLANTA, Oct 13, 2009 (BUSINESS WIRE) -- The City of Atlanta and General Growth Properties, Inc. (GGP) have
launched the first phase of an innovative partnership under which GGP
will manage the Atlanta on-street vending program. It is one of the most
comprehensive public-private partnerships of its kind in the country.
The ...
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| 09/23/2009 |
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General Growth Properties Announces New Director
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CHICAGO, Sep 23, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. today announced the appointment of John
K. Haley to its Board of Directors.
Mr. Haley is a recently retired partner of the international accounting
firm of Ernst & Young LLP, where he worked for more than 30 years. Mr.
Haley served nearly 20 years in E...
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| 09/15/2009 |
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General Growth Properties and TLC's "What Not to Wear" Join Forces to Educate and Empower Shoppers for the Fall Season
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CHICAGO, Sep 15, 2009 (BUSINESS WIRE) -- This fall, shopping center developer General Growth Properties, Inc.
(GGP) is not only focusing on adding greater value to consumers'
shopping experiences, but also adding greater value to their purchases.
To accomplish this, GGP partnered with TLC Network's "What Not to Wear"
televi...
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| 09/14/2009 |
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WE tv Rolls Out National Marketing Campaign to Ring in Season Two Premiere of Popular Wedding Makeover Series, "My Fair Wedding with David Tutera"
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NEW YORK, Sep 14, 2009 (BUSINESS WIRE) -- WE tv will usher in season two of its original wedding makeover series,
"My Fair Wedding with David Tutera," through a wide-reaching,
multi-platform national marketing campaign designed for consumers to
interact with the show and its engaging host throughout the popular fall
...
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| 08/31/2009 |
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Six New Forever 21 Stores Slated to Open in GGP Malls Across the Country
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CHICAGO, Aug 31, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. today announced it has signed deals with
fashion retailer Forever 21 for six new stores at GGP malls
serving the five metropolitan areas of Houston, San Antonio, Louisville,
Las Vegas and Birmingham.
Celebrated by many style-conscious shoppers, Forever...
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| 08/11/2009 |
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General Growth Properties Announces Denial of Motions to Dismiss
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CHICAGO, Aug 11, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (the "Company") announced today the
Motions to Dismiss the Chapter 11 cases of certain subsidiaries of the
Company filed by ING Clarion Capital Loan Services, Helios AMC, LLC,
Metropolitan Life Insurance Company and KBC Bank N.V. have been denied.
"We ...
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| 08/04/2009 |
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General Growth Properties, Inc. Announces Second Quarter 2009 Results of Operations
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CHICAGO, Aug 04, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (the Company) released today its second
quarter 2009 operating results. For the second quarter of 2009, Core
Funds From Operations (Core FFO) per fully diluted share were $0.39,
Funds From Operations (FFO) per fully diluted share were $0.18 and
...
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| 07/09/2009 |
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General Growth Properties Announces New Director
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CHICAGO, Jul 09, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. today announced the appointment of Glenn
J. Rufrano to its Board of Directors.
Mr. Rufrano is currently the chief executive officer of Centro
Properties Group, a retail investment organization specializing in the
ownership, management, and development ...
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| 06/16/2009 |
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General Growth Properties Launches Country's First Nationwide Mall-Based Mobile Advertising Network
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CHICAGO, Jun 16, 2009 (BUSINESS WIRE) -- General Growth Properties, the second largest US mall owner and MOBISIX,
a leading mobile marketing products and services company, today
announced the launch of The Club MobileSM, the country's
first nationwide mall-based mobile advertising network. The Club Mobile
is an exten...
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| 06/05/2009 |
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General Growth Properties Announces New Director
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CHICAGO, Jun 05, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. today announced the appointment of
William A. Ackman to its Board of Directors. Mr. Ackman brings more than
16 years of investment fund manager and advisor experience to the
Company.
Mr. Ackman is the founder and managing member of the general partner ...
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| 05/13/2009 |
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General Growth Properties, Inc. Announces Court Approval of DIP Financing
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CHICAGO, May 13, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. (the "Company") today announced that it
and certain debtor subsidiaries (the "Debtors") have received approval
from the United States Bankruptcy Court for the Southern District of New
York of a $400 million debtor-in-possession financing (the "DIP
...
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| 05/06/2009 |
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General Growth Properties, Inc. Reports Results of Operations for First Quarter 2009
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CHICAGO, May 06, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (the Company) released today its first
quarter 2009 operating results. For the first quarter of 2009, Core
Funds From Operations (Core FFO) per fully diluted share were a loss of
$0.38, Funds From Operations (FFO) per fully diluted share were a loss
...
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| 04/22/2009 |
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General Growth Properties, Inc. Files Additional Subsidiaries for Chapter 11 Protection
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CHICAGO, Apr 22, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. ("GGP") today announced that certain
additional subsidiaries, including eight regional shopping centers, are
also voluntarily seeking relief under chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the Southern
...
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| 04/16/2009 |
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Business as Usual at Malls Owned by General Growth
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CHICAGO, Apr 16, 2009 (BUSINESS WIRE) -- General Growth Properties, Inc. (NYSE:GGP) today said all of its
shopping centers, master planned communities and other properties remain
fully open for business after today's announcement that GGP and certain
of its subsidiaries filed for relief under Chapter 11 of the federal
...
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| 04/16/2009 |
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General Growth Properties, Inc. Files for Chapter 11 Protection; Broken Credit Markets Require GGP to Reduce and Restructure Debt
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CHICAGO, Apr 16, 2009 (BUSINESS WIRE) -- GENERAL GROWTH PROPERTIES, INC. (NYSE:GGP) today announced it is
voluntarily seeking relief to reduce and restructure its debts under
chapter 11 of the United States Bankruptcy Code in the United States
Bankruptcy Court for the Southern District of New York. In addition,
appro...
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