CHICAGO, Oct. 11 /PRNewswire/ -- General Growth Properties, one of the
country's largest and most experienced mall owners and developers, recently
concluded a national relief effort program entitled "We Care, America."
General Growth helped raise more than $1-million for the American Red Cross
Liberty Disaster Relief Fund. The contribution will help the victims, their
families and all those affected by the September 11th terrorist attacks.
"The American Red Cross is working around the clock to ensure that those
affected by the recent tragedies have comfort and care," says Skip Seitz,
senior vice president, American Red Cross. "We are grateful that so many
Americans and corporations including General Growth Properties have
demonstrated a willingness to help the Red Cross provide immediate and long-
term relief to everyone who has been touched by these catastrophic events. We
are truly grateful for General Growth Properties support of all our relief
efforts."
Within days of the September 11th attacks, General Growth Properties had
established Red Cross monetary donation and collection sites at every one of
its 145 malls. The collections were frequently paired with individual mall
initiatives that allowed customers to show a spirit of solidarity with the
families impacted.
"We're not at all surprised at the generosity of our malls' shoppers,"
said John Bucksbaum, CEO of General Growth Properties. "We had everyone from
a little boy who broke open his piggy bank to an elderly woman who wrote a
$500 dollar check make donations. We raised $600,000 just through our walk-up
collection sites. The Red Cross is a tremendous organization, especially
during times of national tragedy."
Bucksbaum also noted that the mall-affiliated collection sites were not
always the only fund-raising effort going on in the malls. Many individual
mall retailers, local television and radio stations had their own sites at GGP
malls, raising additional money toward the effort.
General Growth Properties, Inc. is one of the nation's largest shopping
center owners, managers and developers. GGP currently has ownership interest
in, or management responsibility for, a portfolio of 145 regional shopping
malls in 39 states. The company portfolio totals more than 125 million square
feet of retail space and includes over 15,000 retailers nationwide. A
publicly traded Real Estate Investment Trust (REIT), General Growth
Properties, Inc. is listed on the New York Stock Exchange under the symbol
GGP. For more information General Growth Properties, visit the corporate web
site at http://www.generalgrowth.com .
SOURCE General Growth Properties
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CONTACT:
David Keating, Manager, Media and Consumer
Relations, of General Growth Properties, Inc., +1-312-960-6325,
or fax, +1-312-960-5484
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