General Growth Properties, Inc. · Chicago, IL United States ·(NYSE: GGP)
Company Description
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This link will open in a new window General Growth Properties has an idea for an economic stimulus plan: Everybody shop! With some 200 shopping malls throughout the US, General Growth is the country's #2 mall operator, behind Simon Property Group . The real estate investment trust (REIT) owns or operates some 200 million sq. ft. of retail space leased to tenants including J. C. Penney , Sears , and Old Navy . Its 2004 acquisition of The Rouse Company gave the company entry to the master-planned community business; it also owns office and industrial space and manages properties for third-party owners. In early 2009, General Growth Properties filed for Chapter 11 bankruptcy protection after struggling to handle debt levels of more than $25 billion. To read the full description, subscribe now.
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Key General Growth Properties, Inc. Financials
| Company Type | Public - NYSE: GGP Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $3,361.5 |
| 2008 Employees | 3,500 |
General Growth Properties, Inc. Executives
26 executives listed for General Growth Properties, Inc.'s Chicago, IL location.
| Title | Name & Bio | Contact |
| Chairman Emeritus | Matthew Bucksbaum | Network |
| Chairman | John Bucksbaum | Network |
| Vice Chairman | Robert Michaels | Network |
Competition
Competitive Landscape for General Growth Properties, Inc.
Demand for new housing depends on population growth and is linked to low interest rates. Large builders have some advantages in purchasing and marketing, but building methods are essentially the same for large or small builders. While larger builders have efficiencies because they can repeatedly build the same home models, they generally develop projects on large pieces of land. Small builders, therefore, build most homes in dense urban markets where little land is available. To read the full description, subscribe now.Top General Growth Properties, Inc. Competitors
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