GGP
@ggp.com
Find leasing, advertising & investing opportunities with GGP, a retail real estate company that owns and operates retail malls across the US.
GGP's Company Logos
GGP's Brand Colors
Hex Code
Color name
RGB
HSL
CMYK
#225046
Te Papa Green
34, 80, 70
167, 40, 22
58, 0, 12, 69
#FFFFFF
White
255, 255, 255
0, 0, 100
0, 0, 0, 0
#00281C
Burnham
0, 40, 28
162, 100, 8
100, 0, 30, 84
About GGP
General Growth Properties, Inc. (GGP) was a publicly-traded real estate investment trust (REIT) based in the United States. Established in 1954, GGP was one of the nation's largest owners and operators of retail properties.
The company was headquartered in Chicago, Illinois. GGP primarily focused on the ownership, management, leasing, and development of shopping centers. The company owned and operated a diverse portfolio of these retail properties across the United States.
Their properties ranged from large regional malls to community shopping centers, catering to a wide range of customers and tenants. In terms of global operations, GGP primarily operated in the United States market. However, the company had a few noteworthy joint ventures and subsidiaries.
In 1995, GGP formed a joint venture called GGP Limited Partnership with the California Public Employees' Retirement System (CalPERS). Additionally, they had subsidiaries such as GGP Limited Partnership and The Rouse Company, which they acquired in 2004. As of its filing for bankruptcy in 2009, GGP was a major player in the retail real estate industry.
The company's market position was significant, being one of the largest mall operators in the United States. GGP faced competition from other retail real estate companies such as Simon Property Group and Westfield. One notable event in GGP's history was their filing for bankruptcy in 2009, following the global financial crisis.
The company faced significant debt and had to restructure to avoid liquidation. GGP successfully emerged from bankruptcy in 2010, implementing a reorganization plan that significantly reduced their debt burden. In 2018, GGP became a subsidiary of Brookfield Property Partners as a result of a merger agreement.
The merger created one of the world's largest commercial real estate companies. This marked a significant change in GGP's strategy and operational status. Unfortunately, specific details about GGP's current status and any recent updates are unavailable as the company no longer operates independently
Brand industry
Business and Consumer Services
Company type
Suggest company type
Year founded
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Company size
1001-5000 employees
Related Brands
Tags
Retail real estate
Shopping center leasing
Out-of-home advertising
Retail media and sponsorships
Retail property management
