0001144204-14-010357.txt : 20140218 0001144204-14-010357.hdr.sgml : 20140217 20140218172401 ACCESSION NUMBER: 0001144204-14-010357 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140218 DATE AS OF CHANGE: 20140218 GROUP MEMBERS: BPY CANADA SUBHOLDINGS 1 ULC GROUP MEMBERS: BPY CANADA SUBHOLDINGS 2 ULC GROUP MEMBERS: BPY CANADA SUBHOLDINGS 3 ULC GROUP MEMBERS: BPY CANADA SUBHOLDINGS 4 ULC GROUP MEMBERS: BPY RETAIL III LLC GROUP MEMBERS: BPY RETAIL IV LLC GROUP MEMBERS: BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL AD GROUP MEMBERS: BROOKFIELD BPY HOLDINGS INC. GROUP MEMBERS: BROOKFIELD BPY RETAIL HOLDINGS I LLC GROUP MEMBERS: BROOKFIELD BPY RETAIL HOLDINGS II LLC GROUP MEMBERS: BROOKFIELD BPY RETAIL HOLDINGS III LLC GROUP MEMBERS: BROOKFIELD BPY RETAIL HOLDINGS SUB I LLC GROUP MEMBERS: BROOKFIELD HOLDINGS CANADA INC. GROUP MEMBERS: BROOKFIELD PROPERTY L.P. GROUP MEMBERS: BROOKFIELD PROPERTY PARTNERS LP GROUP MEMBERS: BROOKFIELD PROPERTY PARTNERS LTD GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS II SUB II LLC GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS III SUB II LLC GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS IV-A SUB II LLC GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS IV-B SUB II LLC GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS IV-C SUB II LLC GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS IV-D SUB II LLC GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS VII LLC GROUP MEMBERS: BROOKFIELD RETAIL HOLDINGS WARRANTS LLC GROUP MEMBERS: BROOKFIELD US CORP GROUP MEMBERS: BROOKFIELD US HOLDINGS INC. GROUP MEMBERS: BW PURCHASER, LLC GROUP MEMBERS: PARTNERS LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: General Growth Properties, Inc. CENTRAL INDEX KEY: 0001496048 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 272963337 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85755 FILM NUMBER: 14623065 BUSINESS ADDRESS: STREET 1: 110 N. WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-960-5000 MAIL ADDRESS: STREET 1: 110 N. WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: New GGP, Inc. DATE OF NAME CHANGE: 20100706 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKFIELD ASSET MANAGEMENT INC. CENTRAL INDEX KEY: 0001001085 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 300 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: A6 M5J2T3 BUSINESS PHONE: 416-363-9491 MAIL ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 300 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: A6 M5J2T3 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN CORP/ DATE OF NAME CHANGE: 20010321 FORMER COMPANY: FORMER CONFORMED NAME: EDPERBRASCAN CORP DATE OF NAME CHANGE: 19970904 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN LTD DATE OF NAME CHANGE: 19950919 SC 13D/A 1 v368184_sc13da.htm SC 13D/A

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934 (Amendment No. 12)

 

 

 

General Growth Properties, Inc.

(Name of Issuer)

 

COMMON STOCK, $0.01 PAR VALUE PER SHARE

(Title of Class of Securities)

 

370023103

(CUSIP Number)

 

 

 

Joseph S. Freedman

Brookfield Asset Management, Inc.

Brookfield Place, Suite 300

181 Bay Street, P.O. Box 762

Toronto, Ontario M5J 2T3

Telephone: (416) 956-5182

 

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

Copy to:

 

Gregory B. Astrachan, Esq.

Michael A. Schwartz, Esq.

Willkie Farr & Gallagher LLP

787 Seventh Avenue

New York, NY 10019−6099

(212) 728−8000

 

 

 

February 10, 2014

(Date of Event Which Requires Filing of This Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 
 

 

CUSIP No. 370023103   Page    2     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Asset Management Inc.

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    3     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Partners Limited

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    4     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Holdings Canada Inc.

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

182,679,354*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

182,679,354*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

182,679,354*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

19.8%*

14

TYPE OF REPORTING PERSON

 

CO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    5     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Asset Management Private Institutional Capital Adviser US, LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

182,679,354*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

182,679,354*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

182,679,354*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

19.8%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    6     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield US Holdings Inc.

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

182,679,354*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

182,679,354*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

182,679,354*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

19.8%*

14

TYPE OF REPORTING PERSON

 

CO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    7     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield US Corporation

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

182,679,354*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

182,679,354*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

182,679,354*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

19.8%*

14

TYPE OF REPORTING PERSON

 

CO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    8     of    33     Pages

 

SCHEDULE 13D

 

1

NAMES OF REPORTING PERSONS

 

Brookfield Retail Holdings VII LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

79,094,965*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

79,094,965*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

79,094,965*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.0%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    9     of    33     Pages

 

SCHEDULE 13D

 

1

NAMES OF REPORTING PERSONS

 

Brookfield Retail Holdings II Sub II LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

32,949,120*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

32,949,120*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

32,949,120*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

3.7%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    10     of    33     Pages

 

SCHEDULE 13D

 

1

NAMES OF REPORTING PERSONS

 

Brookfield Retail Holdings III Sub II LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

393,782*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

393,782*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

393,782*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.04%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    11     of    33     Pages

 

SCHEDULE 13D

 

1

NAMES OF REPORTING PERSONS

 

Brookfield Retail Holdings IV-A Sub II LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

5,220,553*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

5,220,553*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

5,220,553*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.6%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    12     of    33     Pages

 

SCHEDULE 13D

 

1

NAMES OF REPORTING PERSONS

 

Brookfield Retail Holdings IV-B Sub II LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

90,536*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

90,536*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

90,536*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.01%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    13     of    33     Pages

 

SCHEDULE 13D

 

1

NAMES OF REPORTING PERSONS

 

Brookfield Retail Holdings IV-C Sub II LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

1,790,469*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

1,790,469*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

1,790,469*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.2%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    14     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Retail Holdings IV-D Sub II LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

1,797,334*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

1,797,334*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

1,797,334*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.2%*

14

TYPE OF REPORTING PERSON

 

OO

*    The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    15     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

BW Purchaser, LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

18,907,642*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

18,907,642*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

18,907,642*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.1%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    16     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Property Partners Limited

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Bermuda

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    17     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Property Partners LP

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Bermuda

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

OO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    18     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Property L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Bermuda

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    19     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield BPY Holdings Inc.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    20     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

BPY Canada Subholdings 1 ULC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    21     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

BPY Canada Subholdings 3 ULC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    22     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

BPY Canada Subholdings 4 ULC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    23     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

BPY Canada Subholdings 2 ULC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Canada

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

CO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    24     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield BPY Retail Holdings I LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

396,139,755*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

396,139,755*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

396,139,755*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

40.9%*

14

TYPE OF REPORTING PERSON

 

OO

* See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    25     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield BPY Retail Holdings Sub I LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

WC

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

78,576,045*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

78,576,045*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

78,576,045*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

þ

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

8.6%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    26     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield BPY Retail Holdings II LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

211,341,039*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

211,341,039*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

211,341,039*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

22.6%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    27     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield BPY Retail Holdings III LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

70,114,877*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

70,114,877*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

70,114,877*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

7.9%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    28     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

Brookfield Retail Holdings Warrants LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

21,538,692*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

21,538,692*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

21,538,692*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

2.4%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    29     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

BPY Retail III LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

142,875,451*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

142,875,451*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

142,875,451*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

15.6%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed to beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

CUSIP No. 370023103   Page    30     of    33     Pages

 

SCHEDULE 13D

 

1

NAME OF REPORTING PERSONS

 

BPY Retail IV LLC

 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) £

(b) R

3

SEC USE ONLY

 

 

4

SOURCE OF FUNDS

 

AF

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

£
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

61,444,210*

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

61,444,210*

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

61,444,210*

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

£
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

7.0%*

14

TYPE OF REPORTING PERSON

 

OO

* The Reporting Person may be deemed to be a member of a “group” with the other Reporting Persons and, therefore, may be deemed beneficially own the 396,139,755 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 40.9% of the shares of Common Stock. See Item 5.

 

 
 

 

EXPLANATORY NOTE

 

Pursuant to Rule 13d-2 promulgated under the Act, this Schedule 13D/A (this “Amendment No. 12”) amends the Schedule 13D filed on November 19, 2010 (the “Original Schedule 13D”) and amended on November 24, 2010 (“Amendment No. 1”), January 19, 2011 (“Amendment No. 2”), January 28, 2011 (“Amendment No. 3”), May 12, 2011 (“Amendment No. 4”), August 27, 2012 (“Amendment No. 5”), September 11, 2012 (“Amendment No. 6”), January 3, 2013 (“Amendment No. 7”), April 16, 2013 (“Amendment No. 8”), August 9, 2013 (“Amendment No. 9”), November 5, 2013 (“Amendment No. 10”), and November 6, 2013 (“Amendment No. 11”) (the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10, Amendment No. 11 and Amendment No. 12 are collectively referred to herein as the “Schedule 13D”). This Amendment No. 12 relates to the common stock, par value $0.01 per share (“Common Stock”), of General Growth Properties, Inc., a Delaware corporation (the “Company”).

 

This Amendment No. 12 to Schedule 13D is being filed solely to update the beneficial ownership information in the Schedule 13D following the change in the number of outstanding shares of Common Stock resulting from the purchase of 27,624,282 shares of Common Stock reported by the Company in its Current Report on Form 8-K filed with the Securities and Exchange Commission on February 10, 2014.

 

Item 5. Interest in Securities of the Issuer

 

Item 5(a)-(b) of the Schedule 13D is hereby amended in its entirety as follows:

 

(a)-(b) As of the close of business on February 10, 2014, the Investment Vehicles directly held and beneficially owned the shares of Common Stock and Warrants to acquire shares of Common Stock indicated on the following table. Each of the Investment Vehicles shares voting and investment power as indicated in the paragraphs below the table. All calculations of percentages of beneficial ownership in this Item 5 and elsewhere in this Schedule 13D are based on 883,556,059 shares of Common Stock outstanding (representing (i) the 911,180,341 shares of Common Stock outstanding as of November 1, 2013, as reported on the Company’s Quarterly Report on Form 10-Q filed with the SEC on November 6, 2013, less (ii) the 27,624,282 shares of Common Stock purchased as reported in its Current Report on Form 8-K filed with the Securities and Exchange Commission on February 10, 2014), plus, where such beneficial ownership includes Warrants, such number of shares of Common Stock issuable upon exercise of the Warrants included in any such beneficial ownership calculation.

 

Investment Vehicle   Common Stock     Warrants     Beneficial Ownership  
BRH VII     79,094,965       -       9.0 %
BRH Warrants     -       21,538,692       2.4 %
BRH II Sub     23,370,076       9,579,044       3.7 %
BRH III Sub     309,015       84,767       0.04 %
BRH IV-A Sub     3,909,249       1,311,304       0.6 %
BRH IV-B Sub     70,975       19,561       0.01 %
BRH IV-C Sub     1,344,835       445,634       0.2 %
BRH IV-D Sub     1,351,700       445,634       0.2 %

  

As managing member or general partner, as applicable, of each of the Investment Vehicles, BAMPIC US may be deemed to beneficially own all shares of Common Stock and Warrants owned by each of the Investment Vehicles, consisting of 109,450,815 shares of Common Stock and Warrants exercisable to purchase 33,424,636 shares of Common Stock, collectively representing 15.6% of the Common Stock. As direct and indirect controlling persons of BAMPIC US, each of BUSHI, BUSC, BHC and Brookfield may be deemed to share with BAMPIC US beneficial ownership of such shares of Common Stock and Warrants.

 

BPY III is the controlling non-managing member of each Investment Vehicle. BPY III may be deemed to share voting and investment power with respect to the 109,450,815 shares of Common Stock owned by the Investment Vehicles and Warrants exercisable for 33,424,636 shares of Common Stock, representing approximately 15.6% of the shares of the Common Stock. As direct and indirect controlling persons of BPY III, each of BPY Holdings II, BPY Holdings I, CanHoldco, CanHoldco 2, CanHoldco 3, CanHoldco 4, CanHoldco 1, Holding LP, BPY, BP Partners Limited, Partners Limited and Brookfield may be deemed to share with BPY III beneficial ownership of such shares of Common Stock and Warrants.

 

31
 

 

As of the close of business on February 10, 2014, BPY Retail II LLC, a Delaware limited liability company (“BPY II”), directly held 8,670,667 shares of Common Stock, representing approximately 1.0% of the shares of Common Stock, and BPY Retail VI LLC, a Delaware limited liability company (“BPY VI”), directly held 37,191,170 shares of Common Stock representing approximately 4.2% of the shares of Common Stock. As direct and indirect controlling persons of BPY II and BPY VI, each of BPY Holdings II, BPY Holdings I, CanHoldco, CanHoldco 2, CanHoldco 3, CanHoldco 4, CanHoldco 1, Holding LP, BPY, BP Partners Limited, Partners Limited and Brookfield may be deemed to share with BPY II and BPY VI beneficial ownership of such shares of Common Stock.

 

As of the close of business on February 10, 2014, AIV B directly held 374,591 shares of Common Stock and Warrants to acquire 101,790 shares of Common Stock, representing approximately 0.05% of the shares of Common Stock, and AIV D directly held 2,531,759 shares of Common Stock and Warrants to acquire 687,969 shares of Common Stock, representing approximately 0.36% of the shares of Common Stock. As direct and indirect controlling persons of AIV B and AIV D, each of BAMPIC US, BUSHI, BUSC, BHC, Partners Limited and Brookfield may be deemed to share with AIV B and AIV D beneficial ownership of such shares of Common Stock.

 

As of the close of business on February 10, 2014, BPY IV directly held 61,444,210 shares of Common Stock, representing approximately 7.0% of the shares of Common Stock, and BPY Retail V LLC, a Delaware limited liability company (“BPY V LLC”), directly held 8,670,667 shares of Common Stock, representing approximately 1.0% of the shares of Common Stock. As direct and indirect controlling persons of BPY IV and BPY V, each of BPY Holdings III, BPY Holdings I, CanHoldco, CanHoldco 2, CanHoldco 3, CanHoldco 4, CanHoldco 1, Holding LP, BPY, BP Partners Limited, Partners Limited and Brookfield may be deemed to share with BPY IV and BPY V beneficial ownership of such shares of Common Stock.

 

As of the close of business on February 10, 2014, BPY New SPE directly held 53,000,411 shares of Common Stock, and Warrants exercisable to purchase 25,575,634 shares of Common Stock, collectively representing 8.6% of the Common Stock. As direct and indirect controlling persons of BPY New SPE, each of BPY Holdings I, CanHoldco, CanHoldco 2, CanHoldco 3, CanHoldco 4, CanHoldco 1, Holding LP, BPY, BP Partners Limited, Partners Limited and Brookfield may be deemed to share with BPY New SPE beneficial ownership of such shares of Common Stock.

 

As of the close of business on February 10, 2014, BWP beneficially owned approximately 18,907,642 shares of Common Stock issuable upon exercise of the Warrants, representing approximately 2.1% of the shares of Common Stock. As direct and indirect controlling persons of BWP, each of BPY Holdings II, BPY Holdings I, CanHoldco, CanHoldco 2, CanHoldco 3, CanHoldco 4, CanHoldco 1, Holding LP, BPY, BP Partners Limited, Partners Limited and Brookfield may be deemed to share with BWP, beneficial ownership of such shares of Common Stock issuable upon exercise of the Warrants.

 

By virtue of the terms of the Revere Investment Management Agreement, BAMPIC US may be deemed to beneficially own the shares of Common Stock and Warrants owned by Revere, consisting of 29,721,074 shares of Common Stock and Warrants exercisable to purchase 6,386,720 shares of Common Stock (collectively, the “Revere Shares”), collectively representing 4.1% of the Common Stock. As direct and indirect controlling persons of BAMPIC US, each of BUSHI, BUSC, BHC, Partners Limited and Brookfield may be deemed to share with BAMPIC US beneficial ownership of such shares of Common Stock and Warrants.

 

None of the Reporting Persons has sole voting or investment power with respect to any shares of Common Stock or Warrants.

 

32
 

 

By virtue of the various agreements and arrangements among the Reporting Persons described in this Schedule 13D, the Reporting Persons may be deemed to constitute a “group” within the meaning of Section 13(d)(3) under the Act and Rule 13d-5(b)(1) thereunder and each member of the “group” may be deemed to beneficially own all shares of Common Stock and Warrants held by all members of the “group.” Accordingly, each of the Reporting Persons may be deemed to beneficially own 396,139,755 shares of Common Stock (which includes the 85,084,391 shares of Common Stock issuable upon exercise of the Warrants held by all Reporting Persons), constituting beneficial ownership of 40.9% of the shares of the Common Stock. Each of the Investment Vehicles and other Reporting Persons directly holding shares of Common Stock and/or Warrants expressly disclaims, to the extent permitted by applicable law, beneficial ownership of any shares of Common Stock and/or Warrants held by each of the other Investment Vehicles and Reporting Persons.

 

By virtue of the various agreements and arrangements among the Reporting Persons described in this Schedule 13D, Future Fund and/or Revere may be deemed to be members of a “group” with the Reporting Persons. Neither Future Fund nor Revere is Reporting Persons on this Schedule 13D, and any obligations either of them may have under Section 13(d) of the Act would have to be satisfied on one or more separate filings. To the extent that either Future Fund and/or Revere beneficially owns shares of Common Stock or Warrants that are not held by BRH II Sub, or in the account of Revere subject to the Revere Investment Management Agreement, respectively, the Reporting Persons may be deemed to beneficially own any such shares of Common Stock or Warrants, but expressly disclaim, to the extent permitted by applicable law, beneficial ownership thereof.

 

33
 

 

SIGNATURES

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 18, 2014 BROOKFIELD ASSET MANAGEMENT INC.
     
  By: /s/ Joseph Freedman
    Name: Joseph Freedman
    Title: Senior Managing Partner
     
  By: /s/ A.J. Silber
    Name: A.J. Silber
    Title: Vice President
     
Dated: February 18, 2014 PARTNERS LIMITED
     
  By: /s/ Derek Gorgi
    Name: Derek Gorgi
    Title: Secretary
     
Dated: February 18, 2014

Brookfield Asset Management Private

Institutional Capital Adviser US, LLC

   
  By: /s/ Mark Srulowitz
    Name: Mark Srulowitz
    Title: Secretary
     
  By: /s/ David Stalter
    Name: David Stalter
    Title: Director
   
Dated: February 18, 2014 BROOKFIELD HOLDINGS CANADA INC.
   
  By: /s/ A.J. Silber
    Name: A.J. Silber
    Title: Vice President
     
  By: /s/ Aleks Novakovic
    Name: Aleks Novakovic
    Title: Vice President

 

 
 

 

Dated: February 18, 2014 BROOKFIELD PROPERTY PARTNERS LIMITED
     
  By: /s/ Jane Sheere
    Name: Jane Sheere
    Title: Secretary
     
Dated: February 18, 2014 Brookfield Property PARTNERS LP
     
  By: Brookfield Property Partners Limited, its general partner
     
  By: /s/ Jane Sheere
    Name: Jane Sheere
    Title: Secretary
     
Dated: February 18, 2014 Brookfield Property L.P.
     
  By: Brookfield Property Partners LP, its general partner
     
  By: Brookfield Property Partners Limited, its general partner
     
  By: /s/ Jane Sheere
    Name: Jane Sheere
    Title: Secretary
   
Dated: February 18, 2014 BROOKFIELD BPY HOLDINGS INC.
   
  By: /s/ John Stinebaugh
    Name: John Stinebaugh
    Title: Vice President

 

 
 

 

Dated: February 18, 2014 BPY Canada Subholdings 1 ULC
     
  By: /s/ John Stinebaugh
    Name: John Stinebaugh
    Title: Director
     
Dated: February 18, 2014 BPY Canada Subholdings 3 ULC
     
  By: /s/ John Stinebaugh
    Name: John Stinebaugh
    Title: Director
     
Dated: February 18, 2014 BPY Canada Subholdings 4 ULC
     
  By: /s/ John Stinebaugh
    Name: John Stinebaugh
    Title: Director

 

Dated: February 18, 2014 BPY Canada Subholdings 2 ULC
   
  By: /s/ John Stinebaugh
    Name: John Stinebaugh
    Title: Director
   
Dated: February 18, 2014 BROOKFIELD BPY RETAIL HOLDINGS I LLC
   
  By: /s/ Jane Sheere
    Name: Jane Sheere
    Title: Secretary
   
Dated: February 18, 2014 Brookfield BPY Retail Holdings II LLC
   
  By: /s/ John Stinebaugh
    Name: John Stinebaugh
    Title: President & Chief Financial Officer

 

Dated: February 18, 2014 BPY Retail III LLC
     
  By: /s/ Jane Sheere
    Name: Jane Sheere
    Title: Secretary

 

 
 

 

Dated: February 18, 2014 Brookfield Retail Holdings VII LLC
     
  By: /s/ Gregory N. McConnie
    Name: Gregory N. McConnie
    Title: Director
     
Dated: February 18, 2014 BROOKFIELD RETAIL HOLDINGS WARRANTS LLC
     
  By: /s/ David Stalter
    Name: David Stalter
    Title: Vice President

 

Dated: February 18, 2014 BROOKFIELD BPY RETAIL HOLDINGS III LLC
   
  By: /s/ David Stalter
    Name:  David Stalter
    Title: Vice President
     
Dated: February 18, 2014 BPY RETAIL IV LLC
   
  By: /s/ David Stalter
    Name: David Stalter
    Title: Vice President

 

Dated: February 18, 2014 BROOKFIELD RETAIL HOLDINGS II SUB II LLC
   
  By: Brookfield Asset Management Private Institutional Capital Adviser US, LLC
   
  By: /s/ David Stalter
    Name: David Stalter
    Title: Director
     
  By: /s/ Mark Srulowitz
    Name: Mark Srulowitz
    Title: Secretary

 

 
 

 

Dated: February 18, 2014 BROOKFIELD RETAIL HOLDINGS III SUB II LLC
   
  By: Brookfield Asset Management Private Institutional Capital Adviser US, LLC
   
    /s/ David Stalter
  By: Name: David Stalter
    Title: Director
     
    /s/ Mark Srulowitz
  By: Name: Mark Srulowitz
    Title: Secretary
     
Dated: February 18, 2014 BROOKFIELD RETAIL HOLDINGS IV-A SUB II LLC
   
  By: Brookfield Asset Management Private Institutional Capital Adviser US, LLC
   
    /s/ David Stalter
  By: Name: David Stalter
    Title: Director
     
    /s/ Mark Srulowitz
  By: Name: Mark Srulowitz
    Title: Secretary
     
Dated: February 18, 2014 BROOKFIELD RETAIL HOLDINGS IV-B SUB II LLC
   
  By: Brookfield Asset Management Private Institutional Capital Adviser US, LLC
   
  By: /s/ David Stalter
    Name: David Stalter
    Title: Director
     
  By: /s/ Mark Srulowitz
    Name: Mark Srulowitz
    Title: Secretary

 

 
 

 

Dated: February 18, 2014 BROOKFIELD RETAIL HOLDINGS IV-C SUB II LLC
   
  By: Brookfield Asset Management Private Institutional Capital Adviser US, LLC
   
  By: /s/ David Stalter
    Name: David Stalter
    Title: Director
     
  By: /s/ Mark Srulowitz
    Name: Mark Srulowitz
    Title: Secretary
     
Dated: February 18, 2014 BROOKFIELD RETAIL HOLDINGS IV-D SUB II LLC
   
  By: Brookfield Asset Management Private Institutional Capital Adviser US, LLC
   
  By: /s/ David Stalter
    Name: David Stalter
    Title: Director
     
  By: /s/ Mark Srulowitz
    Name: Mark Srulowitz
    Title: Secretary
     
Dated: February 18, 2014 BW PURCHASER, LLC
     
  By: /s/ Karen Ayre
    Name: Karen Ayre
    Title: Vice President

 

Dated: February 18, 2014 Brookfield US Holdings Inc.
     
  By: /s/ David J. Stalter
    Name: David J. Stalter
    Title: Director

 

 
 

 

 Dated: February 18, 2014 Brookfield US Corporation
     
  By: /s/ Michelle Campbell
    Name: Michelle Campbell
    Title: Secretary
     
 Dated: February 18, 2014 BROOKFIELD BPY RETAIL HOLDINGS SUB I LLC
     
  By: /s/ Jane Sheere
    Name: Jane Sheere
    Title: Secretary