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General Growth Properties, Inco. - Company Profile Snapshot

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Company Profile: General Growth Properties, Inco.
Ticker: GGWPQ
Exchanges: OTC
2008 Sales: 3,361,500,000
Major Industry: Financial
Sub Industry: Real Estate Investment Trust Co.
Country: UNITED STATES
Employees: 3500

Business Description
General Growth Properties, Inco.. The Group is a self-administered and self-managed real estate investment trust, referred to as a 'REIT'. It operates in two segments: Retails and Master Planned Communities. The Retails segment includes the operation, development and management of retail and other rental property, primarily shopping centers. The Master Planned Communities segment includes the development and sale of land, primarily in large-scale, long-term community development projects in and around Columbia, Maryland, Summerlin, Nevada and Houston, Texas. The shopping centers are located in the major and middle markets of the United States. It has elected to be taxed as a real estate investment trust for federal income tax purposes.

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