Rouse Properties
| Company type | Public company (NYSE: RSE) |
|---|---|
| Industry | Property Investment Trust |
| Founded | 2011 |
| Headquarters | New York City, New York, U.S. |
| Products | Investment trust |
| Website | www |
Rouse Properties (NYSE: RSE) 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] 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.[5]
Rouse Properties by state
Arizona
California
- Bayshore Mall, Eureka, California
- Chula Vista Center, Chula Vista (San Francisco)
- 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
- Birchwood Mall, Port Huron
- Grand Traverse Mall, Traverse City
- Lansing Mall, Lansing
- Southland Center, Taylor (Detroit)
- Westwood Mall, Jackson
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
- Collin Creek Mall, Plano (Dallas)
- Sikes Senter, Wichita Falls
- Vista Ridge Mall, Lewisville (Dallas)
Utah
- Cache Valley Mall, Logan
Washington
- Three Rivers Mall, Kelso
Wyoming
References
- ^ York, New. "Rouse Properties Spins Off as REIT | Exchanges". Exchanges.nyx.com. Retrieved 2012-02-08.
- ^ "Rouse Properties, Inc. Debuts as Publicly Traded Regional Mall REIT - PRNewswire - Wire". Bradenton.com. 2012-01-12. Retrieved 2012-02-08.
- ^ "Rouse Properties, Inc. Sets Record Date for Rights Offering". Market Watch. February 3, 2012. Retrieved February 11, 2012.
- ^ "Another GGP Spin-Off: Rouse Properties Seems Undervalued". Seeking Alpha. February 2, 2012. Retrieved February 11, 2012.
- ^ "Another GGP Spin-Off: Rouse Properties Seems Undervalued". Seeking Alpha. February 2, 2012. Retrieved February 11, 2012.
- Information Package. Rep. Rouse Properties, 21 August 2011. Web.
- "Our Company." Rouse Properties | We See Opportunity. Rouse Properties, 12 January 2011. Web. 12 Jan. 2012.