SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* CHINA INVESTMENT CORP (Last) (First) (Middle) NEW POLY PLAZA NO. 1 CHAOYANGMEN BEIDAJIE (Street) BEIJING F4 100010 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol General Growth Properties, Inc. [ GGP ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 01/27/2011
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value $0.01 per share	01/27/2011		J(1)		1,524,574.642	A	$14.4725	60,809,753.642(1)	I	See footnote(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* CHINA INVESTMENT CORP (Last) (First) (Middle) NEW POLY PLAZA NO. 1 CHAOYANGMEN BEIDAJIE (Street) BEIJING F4 100010 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Stable Investment Corp (Last) (First) (Middle) NEW POLY PLAZA NO. 1 CHAOYANGMEN BEIDAJIE (Street) BEIJING F4 100010 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Best Investment Corp (Last) (First) (Middle) NEW POLY PLAZA NO. 1 CHAOYANGMEN BEIDAJIE (Street) BEIJING F4 100010 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. (1) Stable Investment Corporation ("Stable") and Best Investment Corporation ("Best") hold a collective 99.499848% percentage ownership interest in Brookfield Retail Holdings III LLC (subject to a "carry interest" held by the managing member thereof), which received 1,524,574.642 shares of Common Stock as a dividend paid by the Issuer on January 27, 2011. After receipt of the dividend, Brookfield Retail Holdings III LLC owns 60,681,397.642 shares of Common Stock of the Issuer. China Investment Corporation ("CIC") is the parent of each of Stable and Best and indirectly owns an additional 128,356 shares of Common Stock of the Issuer. The amount shown in column 5 above includes such 128,356 shares of Common Stock, even though Stable and Best do not have any pecuniary interest in such shares. Each of CIC, Stable and Best disclaim any beneficial ownership of theshares of Common Stock reported herein except to the extent of its respective indirect pecuniary interest therein.

Remarks:

	/s/ Lou Jiwei, China Investment Corporation	01/31/2011
	/s/ Gao Xiqing, Stable Investment Corporation	01/31/2011
	/s/ Gao Xiqing, Best Investment Corporation	01/31/2011
	** Signature of Reporting Person	Date
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