CHICAGO, June 9 /PRNewswire-FirstCall/ -- General Growth Properties, Inc.
(NYSE: GGP) today declared a dividend of $0.72 per share, payable to common
stock shareholders of record on July 7, 2003, with payment on July 31, 2003.
The current dividend represents an increase of approximately 11% over the
$0.65 per share dividend declared last year.
General Growth Properties is the country's second largest shopping center
owner, developer and manager of regional shopping malls. General Growth
currently has ownership interests in, or management responsibility for, a
portfolio of 160 regional shopping malls in 39 states. The company portfolio
totals approximately 140 million square feet of retail space and includes over
16,000 retailers nationwide. A publicly traded Real Estate Investment Trust
(REIT), General Growth Properties is listed on the New York Stock Exchange
under the symbol GGP. For more information on General Growth Properties and
its portfolio of malls, please visit the company web site at
http://www.generalgrowth.com .
SOURCE General Growth Properties, Inc.
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Related links:
http://www.generalgrowth.com
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CONTACT:
Beth Coronelli of General Growth Properties,
Inc., +1-312-960-2750
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