General Growth Properties, Inc Company Summary |
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General Growth Properties, Inc. (GGP) is a self-administered and self-managed real estate investment trust (REIT). GGP, through its subsidiaries and affiliates, operates, develops, acquires and manages retail and other rental properties, primarily shopping centers, which are located primarily throughout the United States. The Company also develops and sells land for residential, commercial and other uses primarily in large-scale, long-term master planned communities projects in and around Columbia, Maryland; Summerlin, Nevada, and Houston, Texas. The Company operates in two segments: Retail and Other, and Master Planned Communities. It conducts all of its business through GGP Limited Partnership (GGPLP). In addition to holding ownership interests in various joint ventures, GGPLP conducts its operations through GGPLP L.L.C., The Rouse Company LP (TRCLP) and General Growth Management, Inc. (GGMI).
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COMPANY DATA |
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Principal Sector |
Real Estate |
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Principal Industry |
Real Estate |
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Homepage |
www.ggp.com |
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Key Developments: General Growth Properties, Inc
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Australia Market Report of October 9: Market Sell-off With No Emotion
OCT 9, 2008 12:30 - Article Views: 7,878
Yesterday, the Australian share market closed at a fresh three-year low, plummeting 5% as the continuing fallout from the global credit crisis wiped A$56 billion from the value of stocks. The benchmark S&P/ASX-200 share index lost 5% yesterday, the biggest one-day fall for both major stock exchange indices since January 22 this year. RBA has said the Australian economy is slowing faster than originally anticipated. Analysts said the sell-off is totally unemotional. Markets across Asia also slumped with 5-10% drop in Tokyo, Hong Kong, Singapore, Mumbai and Jakarta. |
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