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Industry Center - REIT - Retail
Industry Center > REIT - Retail > General Growth Properties, Inc. Company Profile
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General Growth Properties, Inc. Company Profile
General Growth Properties is a major player in the retail real estate sector. The real estate investment trust (REIT) is the second-largest owner/operator of malls in the US, behind Simon Property Group. It owns or operates more than 200 shopping malls in 44 states, encompassing about 200 million sq. ft. of space and housing retail tenants such as J. C. Penney, Sears, and Old Navy. Its merger with The Rouse Company gave it entree into the master-planned community business. General Growth also owns office, mixed-use, and industrial buildings, and it manages additional holdings for institutional owners. The founding Bucksbaum family owns about 25% of the company.
Headlines for General Growth Properties, Inc.
[$$] Insiders Sell Shares Heavily Amid Margin Calls
at The Wall Street Journal Online - Fri Oct 10
[$$] Dow industrials plunge 678.91 on credit fears
at The Wall Street Journal Online - Thu Oct 9
[external] Building Value
at Forbes.com - Thu Oct 9
[$$] U.S. markets vacillate as tech shows strength
at The Wall Street Journal Online - Thu Oct 9
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Contact Information
Address: 110 N. Wacker Dr.
Chicago, IL 60606
Phone:312-960-5000
Fax:312-960-5475
Financial Highlights
Fiscal Year End:December
Revenue (2007):3261.80 M
Revenue Growth (1 yr):0.20%
Employees (2007):4,200
Employee Growth (1 yr):(-10.60%)
Key People
Chairman Emeritus: Matthew Bucksbaum
Chairman and CEO: John Bucksbaum
Chief Corporate Development Officer: Jean Schlemmer
Industry Information
Sector: Financial
Industry: REIT - Retail
Top Competitors
CBL & Associates Properties, Inc. (cbl)
The Macerich Company (mac)
Simon Property Group, Inc. (spg)
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