Jump to content

Rouse Properties: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
No edit summary
mNo edit summary
Line 27: Line 27:
'''California'''
'''California'''
* [[Bayshore Mall]], Eureka, California
* [[Bayshore Mall]], Eureka, California
* Chula Vista Center, Chula Vista (San Francisco)
* Chula Vista Center, Chula Vista (San Diego)
* NewPark Mall, Newark (San Francisco)
* NewPark Mall, Newark (San Francisco)
* Southland Mall, Hayward (San Francisco)
* Southland Mall, Hayward (San Francisco)

Revision as of 16:03, 30 August 2012

Rouse Properties
Company typePublic company
NYSERSE
IndustryProperty Investment Trust
Founded2011
HeadquartersNew York City, New York, U.S.
ProductsInvestment trust
Websitewww.rouseproperties.com

Rouse Properties is a publicly traded real estate investment trust headquartered in New York City. Plans to create a spin-off entity of General Growth Properties, Inc. ("GGP") were announced in August 2011, after GGP filed a Form 10 registration statement with the Securities and Exchange Commission.[1][2] Rouse Properties formally debuted on the New York Stock Exchange on January 13, 2012, following the completion of the spin-off from General Growth Properties.

Focused on management, redevelopment, repositioning, and acquisition of Class B regional malls, Rouse Properties owns 31 malls in 19 states encompassing approximately 22 million square feet of retail space.[3] In February 2012, leading investment website Seeking Alpha published an article suggesting that Rouse Properties may be undervalued, but that part of this undervaluation comes from the leverage.[4]

Rouse Properties by state

Arizona

California

  • Bayshore Mall, Eureka, California
  • Chula Vista Center, Chula Vista (San Diego)
  • NewPark Mall, Newark (San Francisco)
  • Southland Mall, Hayward (San Francisco)
  • West Valley Mall, Tracy (San Francisco)

Florida

Idaho

  • Silver Lake Mall, Coeur D'Alene

Illinois

Louisiana

Michigan

Minnesota

New Hampshire

  • Steeplegate Mall Concord

Nevada

New Mexico

  • Animas Valley Mall, Farmington
  • North Plains Mall, Clovis

North Carolina

Ohio

  • Colony Square Mall, Zanesville (Columbus)

Oklahoma

  • Washington Park Mall, Bartlesville (Tulsa)

Oregon

Texas

Utah

  • Cache Valley Mall, Logan

Washington

  • Three Rivers Mall, Kelso

Wyoming

References

  1. ^ York, New. "Rouse Properties Spins Off as REIT | Exchanges". Exchanges.nyx.com. Retrieved 2012-02-08.
  2. ^ "Rouse Properties, Inc. Debuts as Publicly Traded Regional Mall REIT - PRNewswire - Wire". Bradenton.com. 2012-01-12. Retrieved 2012-02-08.
  3. ^ "Rouse Properties, Inc. Sets Record Date for Rights Offering". Market Watch. February 3, 2012. Retrieved February 11, 2012.
  4. ^ "Another GGP Spin-Off: Rouse Properties Seems Undervalued". Seeking Alpha. February 2, 2012. Retrieved February 11, 2012.