General Growth Properties to Release 2008 Year-End Results on February 23, 2009
February 06 2009 - 4:01PM
Business Wire
General Growth Properties, Inc. (NYSE:GGP) announced that as a
result of its ongoing strategic review of alternatives, it now
plans to release earnings for the fourth quarter and full year of
2008 on February 23, 2009, after the market closes, which is two
weeks later than the previously projected date. The Company will
not conduct a conference call this quarter.
General Growth is a U.S. based, publicly traded Real Estate
Investment Trust. The Company currently has an ownership interest
in or management responsibility for a portfolio of more than 200
regional shopping malls in 44 states, as well as ownership in
master planned community developments and commercial office
buildings. The Company portfolio totals approximately 200 million
square feet of retail space and includes over 24,000 retail stores
nationwide. The Company is listed on the New York Stock Exchange
under the symbol �GGP�. For more information, please visit the
Company Web site at www.ggp.com.
This press release and the earnings release it references
contain forward-looking statements. Actual results may differ
materially from the results suggested by these forward-looking
statements, for a number of reasons, including, but not limited to,
tenant occupancy and tenant bankruptcies, the level of indebtedness
and interest rates, retail and credit market conditions, land sales
in the Master Planned Communities segment, the cost and success of
development and re-development projects and our ability to
successfully manage liquidity and refinancing demands. Readers are
referred to the documents filed by General Growth Properties, Inc.
with the SEC, specifically the most recent report on Form 10-K (as
amended by Amendment No.1 to such report filed on Form 10-K/A),
which further identify the important risk factors which could cause
actual results to differ materially from the forward-looking
statements in this release. The Company disclaims any obligation to
update any forward-looking statements.
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