General Growth Properties

Unparalleled Shopping Destinations General Growth Properties is a fully integrated, self-managed and self-administered real estate investment trust focused exclusively on owning, managing, leasing and redeveloping high-quality regional malls throughout the United States. GGP’s portfolio is comprised of 120 regional malls in the United States totaling approximately 125 million square feet. GGP is headquartered in Chicago, Illinois and publicly traded on the NYSE under the symbol GGP. GGP malls offer a mix of some of the most popular and unique retailers in the world. Some of GGP’s unparalleled shopping locales include Ala Moana Center (Honolulu), Tysons Galleria (Washington D.C.), Glendale Galleria (Los Angeles) and Water Tower Place (Chicago). Our malls are more than just places to shop; they serve as entertainment hot spots, offering movie theaters, restaurants, ice skating rinks and numerous family activities. Our mission is to own and operate best-in-class retail properties that provide an outstanding environment and experience for our Communities, Retailers, Employees, Consumers and Shareholders.
Company Growth (employees)
Type
Public
HQ
Chicago, US
Founded
1954
Size (employees)
1,800 (est)
Website
ggp.com
General Growth Properties was founded in 1954 and is headquartered in Chicago, US

General Growth Properties Office Locations

General Growth Properties has offices in Chicago, Glendale, Wayne, Frisco and in 66 other locations
Chicago, US (HQ)
110 N Upper Wacker Dr
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General Growth Properties Data and Metrics

General Growth Properties Financial Metrics

General Growth Properties's revenue was reported to be $566.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

566.3 m

Net income (Q1, 2017)

110.4 m

EBIT (Q1, 2017)

192.9 m

Market capitalization (19-Sep-2017)

19.6 b

Cash (31-Mar-2017)

252.7 m
General Growth Properties's current market capitalization is $19.6 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.5 b2.5 b2.4 b2.3 b

Revenue growth, %

0%(5%)(2%)

Sales and marketing expense

13.2 m

General and administrative expense

55.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

617.6 m631.8 m594.1 m580 m585.3 m607 m574.6 m554.5 m566.3 m

Sales and marketing expense

5 m4.3 m4.7 m3.7 m4.3 m2.1 m2.7 m2.2 m2.1 m

General and administrative expense

28.2 m12.8 m12.4 m12.3 m12.6 m13.4 m14.7 m13.2 m14.7 m

Operating expense total

33.2 m17.1 m17.2 m16 m16.9 m15.5 m17.4 m15.5 m16.8 m
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

1.5 b572.9 m624.8 m577.3 m372.5 m356.9 m474.8 m

Accounts Receivable

322.2 m

Total Assets

25.8 b25.3 b24.1 b22.7 b

Accounts Payable

989.4 m934.9 m784.5 m655.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

242 m279.6 m173.3 m175.4 m160.7 m193.1 m226.3 m656.8 m252.7 m

Accounts Receivable

318.3 m

Total Assets

25.4 b25.3 b23.4 b23.6 b23.8 b23.6 b23.6 b22.7 b22.5 b

Accounts Payable

839.4 m865.4 m715.3 m719.5 m800.2 m667.4 m682.9 m646.2 m611.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

317.2 m679.9 m1.4 b1.3 b

Depreciation and Amortization

764.8 m708.4 m643.7 m660.7 m

Accounts Payable

(80.9 m)21.7 m(4.9 m)(27.9 m)

Cash From Operating Activities

889.5 m949.7 m1.1 b1.1 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

309 m386.4 m641.8 m1.1 b1.2 b195.3 m385.2 m1.1 b110.4 m

Depreciation and Amortization

352.5 m536.9 m175.9 m328.8 m483 m160.7 m316.9 m499.3 m170.3 m

Accounts Payable

(8.2 m)22.9 m(60.3 m)(42.5 m)6.6 m(55.1 m)(22.5 m)3.6 m(44.6 m)

Cash From Operating Activities

544.3 m806.4 m223.2 m485.5 m767 m238 m546.1 m823.6 m238.9 m
USDY, 2017

Revenue/Employee

314.6 k

Financial Leverage

2.6 x
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General Growth Properties Market Value History

Traffic Overview of General Growth Properties

General Growth Properties News and Updates

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Here is what you need to know. Greece is running out of time. If the Greek government doesn't reach a debt deal with its creditors in three weeks, "...we could be looking at potentially disastrous political turmoil, which would bring back the scenario of Grexit with a vengea…

US Indexes Drift in Early Trade; Department Stores Nosedive

Department stores dominated the news Thursday morning as Macy's and Kohl's both plunged following weak holiday-season reports that led the chains to cut their profit forecasts. Macy's also said it will eliminate 10,000 jobs as it continues to close stores. Sears jumped after it said it will close 15…

After 15 Big Mall Fights, Police See a Culprit: Teenage Boredom

The day after Christmas is one of the busiest shopping days of the year, luring shoppers looking for a bargain, and teenagers looking for trouble.

Macy’s to Redevelop 50 More Stores

As sales continue falling

Macy’s Starts to Unload Stores in Deal With Major Mall Developer

It's still facing enormous pressure to shed more stores

Top U.S. Mall Developer Says Aéropostale Could Grow Back to 500 Stores

Simon says stores are way more profitable than you think
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General Growth Properties Company Life and Culture

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