GGP Retail LLC
American real estate company acquired by Brookfield Property Partnerswww.ggp.com
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Search complete. 3 mentions across 1 episode found for "GGP Retail LLC".
Oct 3, 2026
Bill AckmanGUEST
sure so howard hughes was an entity we created to make another investment successful.
Bill AckmanGUEST
So we invested in a company called General Growth.
Bill AckmanGUEST
We bought the stock during the financial crisis.
Bill AckmanGUEST
The stock was down 99.5%.
Bill AckmanGUEST
And I joined the board of the company.
Bill AckmanGUEST
We led that restructuring.
Bill AckmanGUEST
What created complexity in general growth versus its direct competitor, which was a company called Simon Properties, which is still quite successful today, was they had addition to class A shopping malls.
Bill AckmanGUEST
They owned a lot of land, and they did a lot of development in a business that they acquired from Rouse.