General Growth Properties Declares Preferred Dividend

CHICAGO, March 5, 2013 /PRNewswire/ -- General Growth Properties, Inc. (NYSE: GGP) today announced its Board of Directors declared a quarterly dividend of $0.2125 on its 6.375% Series A Cumulative Redeemable Preferred Stock (NYSE: GGP PrA). This represents a pro-rated initial dividend from the date of original issuance, February 13, 2013, through March 31, 2013.  The preferred dividend will be payable on April 1, 2013, to shareholders of record on March 15, 2013.

General Growth Properties is a fully integrated, self-managed and self-administered real estate investment trust focused exclusively on owning, managing, leasing, and redeveloping high-quality regional malls throughout the United States and Brazil.  GGP's portfolio is comprised of 125 regional malls in the United States and 18 malls in Brazil comprising approximately 134 million square feet. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.

SOURCE General Growth Properties