Sandeep Mathrani Net Worth is25.2 $Million
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Rating: 3.0/5 (1 vote cast)
Type: Public
Traded As: GGP
Genre: Malls, shopping centers, outlet malls
Foundation: 1954
Founder: Martin Bucksbaum, Matthew Bucksbaum
Location: Chicago, Illinois, United States
Locations: 45 U.S. states
Key People: Bruce Flatt, Chairman, Sandeep Mathrani, CEO
Industry: real estate investment trusts
Revenue: US $3.38 billion
Net Income: US $287 million
Num Employees: 3,500
Slogan: "People creating special places and experiences."
Homepage: []
General Growth Properties, Inc. is a publicly traded real estate investment trust in the United States. It is based in Chicago, Illinois at 110 North Wacker Drive, a historic building designed by architectural firm Graham, Anderson, Probst & White. The company owns and manages shopping malls throughout the United States.
General Growth Properties owns or has interest in 143 regional shopping malls in forty-two states. General Growth Properties has been in the shopping center business for more than 50 years, blending innovation, tradition and reputation to create some of the countrya??s unparalleled shopping locales, including such destinations as Ala Moana Center (Honolulu), Tysons Galleria (D.C.), Glendale Galleria (Los Angeles) and Water Tower Place (Chicago). The entire GGP portfolio totals roughly 200,000,000 square feet (19,000,000 m2) of retail space and includes more than 24,000 retail stores. These include international retailers and anchors, as well as popular regional stores covering a colorful range of categories. More than 1.8 billion consumers visit a GGP mall every year. Half of the GGP portfolio is located in the 50 most populated U.S. markets, with 37 malls in the top U.S. metro areas.
General Growth owns the largest open-air shopping mall in the world, Ala Moana Center in Honolulu, HawaiE>>i. Ala Moana Center is also a flagship of a General Growth Properties tourism program called "America's Premier Shopping Places." It lists fifty tourist destinations that include the historic Faneuil Hall Marketplace in Boston, and Water Tower Place in Chicago.
The company was founded by two brothers, Martin and Matthew Bucksbaum, in 1954. That year, they opened their first shopping center, Town & Country Shopping Center in Cedar Rapids, Iowa. In 1960, General Management opened its second center, Duck Creek Plaza in Bettendorf, Iowa; this was their first mall to have a department store (Younkers) as an anchor.
In 1970, General Management became General

Sandeep Mathrani Net Worth, 3.0 out of 5 based on 1 rating

Sandeep Mathrani Latest News

Bank of Montreal Can Takes Position in General Growth Properties Inc. (GGP)

The stock currently has an average rating of “Buy” and a consensus target price of $33.47. In other news, CEO Sandeep Mathrani sold 400,000 shares of the firm’s stock in a transaction on Wednesday, August 17th. The stock was sold at an average price ...
Posted: October 13, 2016, 4:17 pm

General Growth Properties Inc. (GGP) Rating Reiterated by Oppenheimer Holdings Inc

General Growth Properties's dividend payout ratio (DPR) is presently 111.11%. Also, CEO Sandeep Mathrani sold 400,000 shares of the firm's stock in a transaction dated Wednesday, August 17th. Dividends are mostly given in terms of cash payments ...
Posted: October 16, 2016, 10:35 pm

Empty Space Haunts Fifth Avenue as Retailers Balk at Rent Hikes

in 2014. During a conference call with analysts that year, General Growth Chief Executive Officer Sandeep Mathrani highlighted the property’s large, vacant block as an opportunity to attract new retailers. No new retail leases have been signed at the ...
Posted: October 26, 2016, 2:36 am
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