8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

October 5, 2010

Date of Report (Date of earliest event reported)

General Growth Properties, Inc.

(Exact name of registrant as specified in its charter)

Delaware	1-11656	42-1283895
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

110 N. Wacker Drive, Chicago, Illinois	60606
(Address of principal executive offices)	(Zip Code)

(312) 960-5000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01  REGULATION FD DISCLOSURE.

On October 5, 2010, General Growth Properties, Inc. (the “Company”) issued a press release in which it identified the individuals who will comprise the nine-member board of directors of the successor to the reorganized Company following their formal election upon the Company’s emergence from bankruptcy. A copy of the press release is being furnished as Exhibit 99.1 to this report, which is hereby incorporated by reference herein.

Limitation on Incorporation by Reference

In accordance with General Instruction B.2 of Form 8-K, the information with respect to the Debtors in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

ITEM 9.01 FINANCIAL STATEMENT AND EXHIBITS.

Exhibit
Number	Description
99.1	Press Release titled “General Growth Properties Names Board of Directors for Post-Emergence GGP” dated October 5, 2010.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GENERAL GROWTH PROPERTIES, INC.
/s/ Edmund Hoyt
Name:	Edmund Hoyt
Title:	Senior Vice President and Chief
	Accounting Officer

Date: October 5, 2010

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EXHIBIT INDEX

Exhibit
Number	Description
99.1	Press Release titled “General Growth Properties Names Board of Directors for Post-Emergence GGP” dated October 5, 2010.

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EX-99.1

Exhibit 99.1

NEWS RELEASE FOR IMMEDIATE RELEASE

GENERAL GROWTH PROPERTIES NAMES

BOARD OF DIRECTORS FOR POST-EMERGENCE GGP

CHICAGO, IL (October 5, 2010) — General Growth Properties, Inc. (NYSE: GGP) today announced individuals that will comprise the nine-member Board of Directors of the new GGP.  The Board will assume its responsibilities following GGP’s emergence from bankruptcy, currently scheduled for early November.

“I am honored to lead the board of directors at the start of this exciting new chapter for GGP.  The company is well positioned to pursue its attractive future growth prospects upon emergence,” said Bruce Flatt, who will serve as Chairman of the Board effective post emergence.  “I am also looking forward to working with such a talented group of board members, who bring a variety of industry as well as financial expertise to the table.”

The following individuals will be members of the GGP Board of Directors:

·Ric Clark —  Chief Executive Officer of Brookfield Properties

·Mary Lou Fiala — Former Chairman and current member of the Board of Trustees of International Council of Shopping Centers (ICSC); Member of the Board of Directors at Macquarie Global Growth Trust; Member of the Board of Directors at Build-A-Bear Workshop; Member of the Board of Directors at Flat Out Crazy, an Asian restaurant; Former President and Chief Operating Officer of Regency Centers Corporation

·Bruce Flatt — Senior Managing Partner and Chief Executive Officer of Brookfield Asset Management

·John Haley — Current member of GGP’s Board of Directors; Retired Partner, Transaction Advisory Services (TAS) at Ernst & Young LLP

·Cyrus Madon —Senior Managing Partner at Brookfield Asset Management responsible for restructuring and lending activities

·Adam Metz — Chief Executive Officer of General Growth Properties, Inc.

·David Neithercut — President and Chief Executive Officer and a member of the Board of Trustees of Equity Residential, one of the nation’s largest REITs as measured by equity market capitalization

·Sheli Rosenberg — Currently lead director of General Growth Properties; Retired Chief Executive Officer, President and Vice Chairwoman of Equity Group Investments, Inc., a Chicago-based, privately held investment company

·John G. Schreiber — President of Centaur Capital Partners, Inc. and a Partner and Co-Founder of Blackstone Real Estate Advisors; Former Chairman and CEO of JMB Urban Development Co.

CONTINUE

CONTACT: David Keating, vice president of corporate communications, (312) 960-6325, david.keating@ggp.com

ABOUT GGP

GGP currently has ownership and management interest for more than 200 regional shopping malls in 43 states, as well as ownership in planned community developments and commercial office buildings. The Company’s portfolio totals approximately 200 million square feet of retail space and includes more than 24,000 retail stores nationwide. The Company’s common stock is traded on the New York Stock Exchange under the symbol GGP.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements.  Actual results may differ materially from the results suggested by these forward-looking statements, for a number of reasons, including, but not limited to, our ability to successfully complete our plan of reorganization and emerge from bankruptcy, our ability to refinance, extend, restructure or repay our near and intermediate term debt, our substantial level of indebtedness, our ability to raise capital through equity issuances, asset sales or the incurrence of new debt, retail and credit market conditions, impairments, our liquidity demands and retail and economic conditions.  Readers are referred to the documents filed by General Growth Properties, Inc. with the Securities and Exchange Commission, which further identify the important risk factors which could cause actual results to differ materially from the forward-looking statements in this release.  The Company disclaims any obligation to update any forward-looking statements.

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