FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  December 31, 2001

Report here if Amendment [  ]; Amendment Number:

This Amendment (Check only one.):   [   ] is a restatement.
                                    [   ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:           AT&T Investment Management Corporation ("ATTIMCO")
Address:        295 North Maple Avenue, Room 7202M2
                Basking Ridge, NJ 07920

13F File Number:  28-5552

The institutional  investment  manager filing this report and the person by whom
it is signed hereby  represent  that the person signing the report is authorized
to  submit  it,  that all  information  contained  herein is true,  correct  and
complete,  and  that it is  understood  that  all  required  items,  statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:    Lynn Carroll
Title:   Vice President and Chief Operating Officer
Phone:   908-221-2574

Signature, Place and Date of Signing:

Lynn Carroll      Basking Ridge, NJ         February 1, 2002
-------------     ------------------        ----------------
 [Signature]        [City, State]               [Date]


Report Type (Check only one.):

[X}               13F HOLDINGS REPORT.

[ ]               13F NOTICE.

[ ]               13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:   None

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.







                              FORM 13F SUMMARY PAGE

Report Summary:
Number of Other Included Managers:       0
Form 13F Information Table Entry Total:  2
Form 13F Information Table Value Total:  $82,974.877


List of Other Included Managers:    None




                           FORM 13F INFORMATION TABLE


                                                     Shares/                        Voting
Name of            Title of               Value        Prn         Investment  Other  Authority
Issuer             Class      Cusip       (x$1000)     Amt         Discretion  Man.   Sole Shared None
--------------     --------   ---------   ----------   --------    --------    -----  ----------------
                                                                 
Simon Property
Group, Inc.        Common     828806109   68,645.252   2,340,445   Sole        Sole   2,340,445
Simon Property
Group, Inc.        Pfd        828806406   14,329.625     171,100   Sole        None     171,100
                   Conv.
                   Series B