Filing Details

Accession Number:
0001193125-18-233406
Form Type:
13D Filing
Publication Date:
2018-07-31 17:08:35
Filed By:
Brookfield Asset Management Inc.
Company:
Brookfield Property Reit Inc. (NASDAQ:BPYU)
Filing Date:
2018-07-31
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Brookfield Asset Management Inc 0 327,053,880 0 327,053,880 327,053,880 34.1%
Partners Limited 0 327,053,880 0 327,053,880 327,053,880 34.1%
BPG Holdings Group Inc 0 323,641,838 0 323,641,838 323,641,838 33.8%
BPG Holdings Group (US) Holdings Inc 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield Holdings Canada Inc 0 106,922,263 0 106,922,263 106,922,263 11.2%
Brookfield Asset Management Private Institutional Capital Adviser US 0 106,922,263 0 106,922,263 106,922,263 11.2%
Brookfield US Holdings Inc 0 106,922,263 0 106,922,263 106,922,263 11.2%
Brookfield US Corporation 0 106,922,263 0 106,922,263 106,922,263 11.2%
BUSC Finance 0 106,922,263 0 106,922,263 106,922,263 11.2%
Brookfield Property Group 0 106,922,263 0 106,922,263 106,922,263 11.2%
Brookfield Retail Holdings VII 0 79,094,965 0 79,094,965 79,094,965 8.3%
Brookfield Retail Holdings II Sub III 0 351,958 0 351,958 351,958 0.04%
BW Purchaser 0 12,989,228 0 12,989,228 12,989,228 1.4%
Brookfield Property Partners Limited 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield Property Partners 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield Property 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield BPY Holdings Inc 0 323,641,838 0 323,641,838 323,641,838 33.8%
BPY Canada Subholdings 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield Property Split Corp 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield BPY Retail Holdings I 0 202,438,184 0 202,438,184 202,438,184 21.1%
Brookfield BPY Retail Holdings II 0 86,432,695 0 86,432,695 86,432,695 9.0%
Brookfield BPY Retail Holdings III 0 70,114,877 0 70,114,877 70,114,877 7.3%
Brookfield Retail Holdings Warrants 0 24,063,298 0 24,063,298 24,063,298 2.5%
Brookfield Office Properties Inc 0 323,641,838 0 323,641,838 323,641,838 33.8%
1706065 Alberta ULC 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield Holding Limited Liability Company 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield Properties, Inc 0 323,641,838 0 323,641,838 323,641,838 33.8%
Brookfield Properties Subco 0 323,641,838 0 323,641,838 323,641,838 33.8%
BOP (US) 0 202,438,184 0 202,438,184 202,438,184 21.1%
Brookfield BPY Retail Holdings II Subco 0 53,000,412 0 53,000,412 53,000,412 5.5%
BPY Retail V 0 70,114,877 0 70,114,877 70,114,877 7.3%
Brookfield Properties Investor 0 7,337,730 0 7,337,730 7,337,730 0.8%
Brookfield BFP Holdings 0 7,337,730 0 7,337,730 7,337,730 0.8%
BPR Holding REIT I 0 121,203,654 0 121,203,654 121,203,654 12.6%
Filing

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 22)

 

 

GGP Inc.

(Name of Issuer)

COMMON STOCK, $0.01 PAR VALUE PER SHARE

(Title of Class of Securities)

36174X101

(CUSIP Number)

A.J. Silber

Brookfield Asset Management Inc.

Brookfield Place, Suite 300

181 Bay Street, P.O. Box 762

Toronto, Ontario M5J 2T3

Telephone: (416) 359-8598

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

Copy to:

Michael J. Aiello, Esq.

Matthew J. Gilroy, Esq.

Weil, Gotshal & Manges LLP

767 Fifth Avenue

New York, NY 10153

(212) 310-8000

July 27, 2018

(Date of Event Which Requires Filing of This Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

 

 

 

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 36174X101    Page 2 of 48 Pages

 

SCHEDULE 13D

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Asset Management Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  327,053,880*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  327,053,880*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  327,053,880*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  34.1%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

See Item 5.


CUSIP No. 36174X101    Page 3 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Partners Limited

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  327,053,880*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  327,053,880*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  327,053,880*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  34.1%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

See Item 5.


CUSIP No. 36174X101    Page 4 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BPG Holdings Group Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 5 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BPG Holdings Group (US) Holdings Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 6 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Holdings Canada Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  106,922,263*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  106,922,263*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  106,922,263*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  11.2%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 7 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Asset Management Private Institutional Capital Adviser US, LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  106,922,263*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  106,922,263*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  106,922,263*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  11.2%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 8 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield US Holdings Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  106,922,263*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  106,922,263*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  106,922,263*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  11.2%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 9 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield US Corporation

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  106,922,263*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  106,922,263*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  106,922,263*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  11.2%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 10 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BUSC Finance LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  106,922,263*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  106,922,263*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  106,922,263*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  11.2%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 11 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Property Group LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  106,922,263*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  106,922,263*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  106,922,263*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  11.2%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 12 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Retail Holdings VII LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  WC

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  79,094,965*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  79,094,965*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  79,094,965*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  8.3%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 13 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Retail Holdings II Sub III LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  WC

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  351,958*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  351,958*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  351,958*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  0.04%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 14 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BW Purchaser, LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  12,989,228*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  12,989,228*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  12,989,228*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  1.4%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 15 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Property Partners Limited

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Bermuda

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 16 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Property Partners L.P.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Bermuda

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 17 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Property L.P.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Bermuda

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 18 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield BPY Holdings Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 19 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BPY Canada Subholdings 1 ULC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 20 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Property Split Corp

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 21 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

Brookfield BPY Retail Holdings I LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  202,438,184*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  202,438,184*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  202,438,184*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  21.1%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 22 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield BPY Retail Holdings II LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  86,432,695*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  86,432,695*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  86,432,695*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  9.0%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 23 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield BPY Retail Holdings III LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  70,114,877*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  70,114,877*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  70,114,877*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  7.3%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 24 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Retail Holdings Warrants LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  24,063,298*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  24,063,298*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  24,063,298*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  2.5%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 25 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Office Properties Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 26 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  1706065 Alberta ULC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Canada

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 27 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

   Brookfield Holding Limited Liability Company

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Hungary

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 28 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Properties, Inc.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  CO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 29 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Properties Subco LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  323,641,838*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  323,641,838*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  323,641,838*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  33.8%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 30 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BOP (US) LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  202,438,184*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  202,438,184*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  202,438,184*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  21.1%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 31 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield BPY Retail Holdings II Subco LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  53,000,412*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  53,000,412*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  53,000,412*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  5.5%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 32 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BPY Retail V LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  70,114,877*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  70,114,877*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  70,114,877*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  7.3%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 33 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield Properties Investor LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  7,337,730*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  7,337,730*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  7,337,730*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  0.8%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 34 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  Brookfield BFP Holdings LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  7,337,730*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  7,337,730*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  7,337,730*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  0.8%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


CUSIP No. 36174X101    Page 35 of 48 Pages

 

  1       

  NAME OF REPORTING PERSONS

 

  BPR Holding REIT I LLC

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS

 

  AF

  5      

  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  121,203,654*

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  121,203,654*

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON

 

  121,203,654*

12      

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☒

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  12.6%*

14      

  TYPE OF REPORTING PERSON

 

  OO

 

*

The Reporting Person may be deemed to be a member of a group with the other Reporting Persons and, therefore, may be deemed to beneficially own the 327,053,880 shares of Common Stock held by all of the Reporting Persons in the aggregate, representing 34.1% of the shares of Common Stock. See Item 5.


EXPLANATORY NOTE

Pursuant to Rule 13d-2 promulgated under the Act, this Schedule 13D/A (this Amendment No. 22) amends the Schedule 13D filed on November 19, 2010 (the Original Schedule 13D) and amended on November 24, 2010 (Amendment No. 1), January 19, 2011 (Amendment No. 2), January 28, 2011 (Amendment No. 3), May 12, 2011 (Amendment No. 4), August 27, 2012 (Amendment No. 5), September 11, 2012 (Amendment No. 6), January 3, 2013 (Amendment No. 7), April 16, 2013 (Amendment No. 8), August 9, 2013 (Amendment No. 9), November 5, 2013 (Amendment No. 10), November 14, 2013 (Amendment No. 11 ), February 8, 2014 (Amendment No. 12 ), February 6, 2015 (Amendment No. 13), July 19, 2016 (Amendment No. 14), August 21, 2016 (Amendment No. 15), August 2, 2017 (Amendment No. 16), October 11, 2017 (Amendment No. 17), October 31, 2017 (Amendment No. 18), November 11, 2017 (Amendment No. 19), March 28, 2018 (Amendment No. 20) and June 28, 2018 (Amendment No. 21) (the Original Schedule 13D, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10, Amendment No. 11, Amendment No. 12, Amendment No. 13, Amendment No. 14, Amendment No. 15, Amendment No. 16, Amendment No. 17, Amendment No. 18, Amendment No. 19, Amendment No. 20, Amendment No. 21 and this Amendment No. 22 are collectively referred to herein as the Schedule 13D). This Amendment No. 22 relates to the common stock, par value $0.01 per share (Common Stock), of GGP Inc. (formerly General Growth Properties, Inc.), a Delaware corporation (the Company). Capitalized terms used but not defined in this Amendment No. 22 shall have the meanings ascribed to them in the Schedule 13D.

Item 2. Identity and Background.

Item 2 of the Schedule 13D is hereby amended to include the following:

(a) BPR Holding REIT I LLC (BPR Holding), a Delaware limited liability company, of which New BPI Subco is the sole managing member.

(b), (c) The principal business of BPR Holding is to serve as a holding company. The principal business address of BPR Holding is Brookfield Place, 250 Vesey Street, New York, NY 10281-1023.

Schedule LXXXV to this Amendment No. 22 sets forth the principal business address and principal occupation or employment of each executive officer of BPR Holding. Such persons shall be included in the definition of Scheduled Persons.

(d), (e) During the last five years, none of the Scheduled Persons of BPR Holding (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f) Schedule LXXXV to this Amendment No. 22 sets forth the citizenships of each of the Scheduled Persons of BPR Holding.

Item 3. Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby amended to incorporate by reference Item 4 of this Amendment No. 22.

Item 4. Purpose of the Transaction.

Item 4 of the Schedule 13D is hereby amended to include the following:

In connection with an internal reorganization of certain of Parents affiliates, (i) the sole member of each of the following Voting Parties was replaced with BPR Holding: Retail Mall (as hereinafter defined), New GGP Subco, BWP and New GGP Warrants (as hereinafter defined), and (ii) BPR Holding became a non-managing member of BRH Warrants. Each of the aforementioned Voting Parties continues to be an indirect wholly-owned subsidiary of Parent.


On July 26, 2018, the Company held the special meeting of the holders of Common Stock of the Company, at which the Companys holders of record of Common Stock as of June 22, 2018 voted to approve the following matters: (i) the adoption of the Merger Agreement; (ii) the approval of the Charter Amendment; (iii) the approval of the Bylaws Amendment; and (iv) the approval of compensation that may become payable to the Companys named executive officers in connection with the Transactions. Therefore, on July 27, 2018, the Company filed the Series B Designations with the Secretary of State of the State of Delaware, which authorized the issuance of the Series B Preferred Stock. Following the filing of the Series B Designations, the Class B Exchange occurred, in which the Voting Parties exchanged the 323,641,838 shares of Common Stock collectively owned by them, for an equal number of shares of Series B Preferred Stock, on the terms and subject to the conditions set forth in the Class B Exchange Agreement (which was previously filed as Exhibit 99.2 to Amendment No. 21).

Pursuant to the Series B Designations, in the event that the Merger Agreement is terminated in accordance with its terms prior to the time that at which the Charter Amendment is filed with and accepted by the Secretary of State of the State of Delaware, then each share of Series B Preferred Stock will be automatically, without any action by the Company or any holder, converted into one fully paid and non-assessable share of Common Stock, without the payment of any accrued and unpaid dividends.

Item 5. Interest in Securities of the Issuer.

Item 5(a)-(c) of the Schedule 13D is hereby amended in its entirety as follows:

(a)-(b) All calculations of percentages of beneficial ownership in this Item 5 and elsewhere in this Schedule 13D are based on the 958,391,980 shares of Common Stock reported by the Company as outstanding, as of May 3, 2018, in its quarterly report on Form 10-Q filed with the SEC on May 7, 2018.

As of the close of business on July 27, 2018, BWP directly held 12,989,228 shares of Series B Preferred Stock, representing approximately 1.4% of the shares of Common Stock on an as converted basis; New GGP Warrants LLC (New GGP Warrants), a Delaware limited liability company, directly held 28,573,419 shares of Series B Preferred Stock, representing approximately 3.0% of the shares of Common Stock on an as converted basis; BRH Warrants directly held 24,063,298 shares of Series B Preferred Stock, representing approximately 2.5% of the shares of Common Stock on an as converted basis; and Brookfield Retail Mall LLC (Retail Mall), a Delaware limited liability company, directly held 2,577,297 shares of Series B Preferred Stock, representing approximately 0.3% of the shares of Common Stock on an as converted basis. As direct or indirect controlling persons of each of BWP, New GGP Warrants, BRH Warrants and Retail Mall, each of Partners Limited, Brookfield, BPGH, BPGUSH, BP Partners Limited, BPY, Holding LP, CanHoldco, CanHoldco 1, Split Corp, BPO, Alberta ULC, Brookfield Hold LLC, BPI, New BPI Subco and BPR Holding may be deemed to share with each of BWP, New GGP Warrants, BRH Warrants and Retail Mall beneficial ownership of such shares of Common Stock.

As of the close of business on July 27, 2018, BRH VII directly held 79,094,965 shares of Series B Preferred Stock, representing approximately 8.3% of the shares of Common Stock on an as converted basis. As direct or indirect controlling persons of BRH VII, each of Partners Limited, Brookfield, BPGH, BPGUSH, BP Partners Limited, BPY, Holding LP, CanHoldco, CanHoldco 1, Split Corp, BPO, Alberta ULC, Brookfield Hold LLC, BPI, New BPI Subco, BOP, BPY Holdings I and BPY Holdings II may be deemed to share with BRH VII beneficial ownership of such shares of Common Stock.

As of the close of business on July 27, 2018, BPY Retail I LLC (BPY I), a Delaware limited liability company, directly held 45,890,612 shares of Series B Preferred Stock, representing approximately 4.8% of the shares of Common Stock on an as converted basis, and BPY V directly held 70,114,877 shares of Series B Preferred Stock, representing approximately 7.3% of the shares of Common Stock on an as converted basis. As direct or indirect controlling persons of each of BPY I and BPY V, each of Partners Limited, Brookfield, BPGH, BPGUSH, BP Partners Limited, BPY, Holding LP, CanHoldco, CanHoldco 1, Split Corp, BPO, Alberta ULC, Brookfield Hold LLC, BPI, New BPI Subco, BOP and BPY Holdings I may be deemed to share with BPY I and BPY V beneficial ownership of such shares of Common Stock.

As of the close of business on July 27, 2018, New Brookfield BPY Retail Holdings II LLC (New LLC 1) directly held 6,985,772 shares of Series B Preferred Stock, representing approximately 0.7% of the shares of Common Stock on an as converted basis. As direct or indirect controlling persons of New LLC 1, each of Partners Limited, Brookfield, BPGH, BPGUSH, BP Partners Limited, BPY, Holding LP, CanHoldco, CanHoldco 1, Split Corp, BPO, Alberta ULC, Brookfield Hold LLC, BPI, New BPI Subco, BOP, BPY Holdings I, BPY Holdings II, Brookfield Properties Investor and BFPH may be deemed to share with New LLC 1 beneficial ownership of such shares of Common Stock.

As of the close of business on July 27, 2018, New GGP Subco directly held 53,000,412 shares of Series B Preferred Stock, representing approximately 5.5% of the shares of Common Stock on an as converted basis. As direct or indirect controlling persons of New GGP Subco, each of Partners Limited, Brookfield, BPGH, BPGUSH, BP Partners Limited, BPY, Holding LP, CanHoldco, CanHoldco 1, Split Corp, BPO, Alberta ULC, Brookfield Hold LLC, BPI, New BPI Subco and BPR Holding may be deemed to share with New GGP Subco beneficial ownership of such shares of Common Stock.


As of the close of business on July 27, 2018, BRH II Sub directly held 351,958 shares of Series B Preferred Stock, representing approximately 0.04% of the shares of Common Stock on an as converted basis. As direct or indirect controlling persons of BRH II Sub, each of Partners Limited, Brookfield, BPGH, BPGUSH, BP Partners Limited, BPY, Holding LP, CanHoldco, CanHoldco 1, Split Corp, BPO, Alberta ULC, Brookfield Hold LLC, BPI, New BPI Subco, BOP, BPY Holdings I, BPY Holdings II, Brookfield Properties Investor, New LLC 1 and BFPH may be deemed to share with BRH II Sub beneficial ownership of such shares of Common Stock.

As of the close of business on July 27, 2018, Brookfield Retail Holdings V Fund B LP (BRH V-B), a Delaware limited partnership, directly held 439,768 shares of Common Stock, representing approximately 0.05% of the shares of Common Stock, and Brookfield Retail Holdings V Fund D, LP (BRH V-D), a Delaware limited partnership, directly held 2,972,274 shares of Common Stock, representing approximately 0.3% of the shares of Common Stock. As indirect controlling persons of BRH V-B and BRH V-D, each of Partners Limited, Brookfield, BHC, BUSHI, BPG, BUSC, BUSC Finance and BAMPIC US may be deemed to share with BRH V-B and BRH V-D beneficial ownership of such shares of Common Stock.

As the sole managing member of each of BRH VII, BRH Warrants and BRH II Sub, BAMPIC US may be deemed to beneficially own the 79,094,965 shares of Series B Preferred Stock directly held by BRH VII, representing approximately 8.3% of the shares of Common Stock on an as converted basis, the 24,063,298 shares of Series B Preferred Stock directly held by BRH Warrants, representing approximately 2.5% of the shares of Common Stock on an as converted basis, and the 351,958 shares of Series B Preferred Stock directly held by BRH II Sub, representing approximately 0.04% of the shares of Common Stock on an as converted basis. As direct or indirect controlling persons of BAMPIC US, each of Partners Limited, Brookfield, BHC, BUSHI, BPG, BUSC and BUSC Finance may be deemed to share with BAMPIC US beneficial ownership of such shares of Common Stock.

None of the Reporting Persons has sole voting or investment power with respect to any shares of Series B Preferred Stock or Common Stock.

By virtue of the various agreements and arrangements among the Reporting Persons described in this Schedule 13D, the Reporting Persons, may be deemed to constitute a group within the meaning of Section 13(d)(3) under the Act and Rule 13d-5(b)(1) thereunder. Accordingly, the Reporting Persons in the aggregate may be deemed to beneficially own 327,053,880 shares of Common Stock, constituting beneficial ownership of 34.1% of the shares of Common Stock. Each of the Reporting Persons directly holding shares of Common Stock expressly disclaims, to the extent permitted by applicable law, beneficial ownership of any shares of Common Stock held by each of the other Reporting Persons.

(c) Item 5(c) of the Schedule 13D is hereby amended to incorporate by reference Item 4 of this Amendment No. 22.

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to the Securities of the Issuer

Item 6 of the Schedule 13D is hereby amended to incorporate by reference Item 4 of this Amendment No. 22.

Pursuant to Rule 13d-1(k) under the Act, the Reporting Persons have entered into an agreement on July 31, 2018, with respect to the joint filing of this Amendment No. 22 and any amendment or amendments hereto (the Joint Filing Agreement). The Joint Filing Agreement is attached hereto as Exhibit 99.1.

Item 7. Material To Be Filed as Exhibits

Item 7 of the Schedule 13D is hereby amended to include the following:

Exhibit 99.1    Joint Filing Agreement, dated as of July 31, 2018, by and among Brookfield Asset Management Inc., Partners Limited, Brookfield Holdings Canada Inc., Brookfield US Holdings Inc., Brookfield US Corporation, BUSC Finance LLC, Brookfield Asset Management Private Institutional Capital Adviser US, LLC, Brookfield Property Partners Limited, Brookfield Property Partners L.P., Brookfield Property L.P., Brookfield Retail Holdings II Sub III LLC, BW Purchaser, LLC, Brookfield BPY Holdings Inc., Brookfield BPY Retail Holdings I LLC, Brookfield BPY Retail Holdings II LLC, Brookfield Retail Holdings VII LLC, Brookfield Retail Holdings Warrants LLC, Brookfield BPY Retail Holdings III LLC, Brookfield Office Properties Inc., 1706065 Alberta ULC, Brookfield Holding Limited Liability Company, Brookfield Properties, Inc., BOP (US) LLC, Brookfield Properties Subco LLC, Brookfield BPY Retail Holdings II Subco LLC, Brookfield Property Group LLC, BPY Canada Subholdings 1 ULC, Brookfield Property Split Corp., BPG Holdings Group Inc., BPG Holdings Group (US) Holdings Inc., BPY Retail V LLC, Brookfield Properties Investor LLC, Brookfield BFP Holdings LLC and BPR Holding REIT I LLC.

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Dated: July 31, 2018     BROOKFIELD ASSET MANAGEMENT INC.
    By:  

/s/ Aleks Novakovic

      Name: Aleks Novakovic
      Title: Managing Partner
Dated: July 31, 2018     PARTNERS LIMITED
    By:  

/s/ Brian Lawson

      Name: Brian Lawson
      Title: President
Dated: July 31, 2018     BPG HOLDINGS GROUP INC.
    By:  

/s/ Sujoy Gupta

      Name: Sujoy Gupta
      Title: Vice President
Dated: July 31, 2018     BPG HOLDINGS GROUP (US) HOLDINGS INC.
    By:  

/s/ Sujoy Gupta

      Name: Sujoy Gupta
      Title: Vice President
Dated: July 31, 2018     BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISER US, LLC
    By:  

/s/ Murray Goldfarb

      Name: Murray Goldfarb
      Title: Managing Partner
Dated: July 31, 2018     BROOKFIELD HOLDINGS CANADA INC.
    By:  

/s/ A.J. Silber

      Name: A.J. Silber
      Title: Vice President
Dated: July 31, 2018     BROOKFIELD PROPERTY PARTNERS LIMITED
    By:  

/s/ Jane Sheere

      Name: Jane Sheere
      Title: Secretary

Dated: July 31, 2018     BROOKFIELD PROPERTY PARTNERS L.P.
    By:   Brookfield Property Partners Limited, its general partner
    By:  

/s/ Jane Sheere

      Name: Jane Sheere
      Title: Secretary

Dated: July 31, 2018     BROOKFIELD PROPERTY L.P.
    By:   Brookfield Property Partners L.P., its managing general partner
    By:   Brookfield Property Partners Limited, its general partner
    By:  

/s/ Jane Sheere

      Name: Jane Sheere
      Title: Secretary
Dated: July 31, 2018     BROOKFIELD BPY HOLDINGS INC.
    By:  

/s/ Allen Yi

      Name: Allen Yi
      Title: Assistant Secretary

Dated: July 31, 2018     BROOKFIELD BPY RETAIL HOLDINGS I LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD BPY RETAIL HOLDINGS II LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD RETAIL HOLDINGS VII LLC
    By:   Brookfield Asset Management Private Institutional Capital Adviser US, LLC, its manager
    By:  

/s/ Murray Goldfarb

      Name: Murray Goldfarb
      Title: Managing Partner

Dated: July 31, 2018     BROOKFIELD RETAIL HOLDINGS WARRANTS LLC
    By:   Brookfield Asset Management Private Institutional Capital Adviser US, LLC, its managing member
    By:  

/s/ Murray Goldfarb

      Name: Murray Goldfarb
      Title: Managing Partner
Dated: July 31, 2018     BROOKFIELD BPY RETAIL HOLDINGS III LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD RETAIL HOLDINGS II SUB III LLC
    By:   Brookfield Asset Management Private Institutional Capital Adviser US, LLC, its managing member
    By:  

/s/ Murray Goldfarb

      Name: Murray Goldfarb
      Title: Managing Partner

Dated: July 31, 2018     BW PURCHASER, LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD US HOLDINGS INC.
    By:  

/s/ A.J. Silber

      Name: A.J. Silber
      Title: Vice President

Dated: July 31, 2018     BROOKFIELD US CORPORATION
    By:  

/s/ Josh Zinn

      Name: Josh Zinn
      Title: Vice President
Dated: July 31, 2018     BUSC FINANCE LLC
    By:  

/s/ Josh Zinn

      Name: Josh Zinn
      Title: Vice President
Dated: July 31, 2018     BROOKFIELD BPY RETAIL HOLDINGS II SUBCO LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD OFFICE PROPERTIES INC.
    By:  

/s/ Keith Hyde

      Name: Keith Hyde
      Title: Vice President, Taxation
Dated: July 31, 2018     1706065 ALBERTA ULC
    By:  

/s/ Keith Hyde

      Name: Keith Hyde
      Title: Vice President, Taxation

Dated: July 31, 2018     BROOKFIELD HOLDING LIMITED LIABILITY COMPANY
    By:  

/s/ Dr. László Csontos

      Name: Dr. László Csontos
      Title: Managing Director
    By:  

/s/ Eamonn John ODea

      Name: Eamonn John ODea
      Title: Managing Partner
Dated: July 31, 2018     BROOKFIELD PROPERTIES, INC.
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BOP (US) LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD PROPERTIES SUBCO LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD PROPERTY GROUP LLC
    By:  

/s/ Murray Goldfarb

      Name: Murray Goldfarb
      Title: Managing Partner

Dated: July 31, 2018     BPY CANADA SUBHOLDINGS 1 ULC
    By:  

/s/ Keith Hyde

      Name: Keith Hyde
      Title: President
Dated: July 31, 2018     BROOKFIELD PROPERTY SPLIT CORP.
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Secretary
Dated: July 31, 2018     BPY RETAIL V LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD PROPERTIES INVESTOR LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary
Dated: July 31, 2018     BROOKFIELD BFP HOLDINGS LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President and Secretary

Dated: July 31, 2018     BPR HOLDING REIT I LLC
    By:  

/s/ Michelle L. Campbell

      Name: Michelle L. Campbell
      Title: Senior Vice President

Exhibit Index

 

Exhibit 99.1    Joint Filing Agreement, dated as of July 31, 2018, by and among Brookfield Asset Management Inc., Partners Limited, Brookfield Holdings Canada Inc., Brookfield US Holdings Inc., Brookfield US Corporation, BUSC Finance LLC, Brookfield Asset Management Private Institutional Capital Adviser US, LLC, Brookfield Property Partners Limited, Brookfield Property Partners L.P., Brookfield Property L.P., Brookfield Retail Holdings II Sub III LLC, BW Purchaser, LLC, Brookfield BPY Holdings Inc., Brookfield BPY Retail Holdings I LLC, Brookfield BPY Retail Holdings II LLC, Brookfield Retail Holdings VII LLC, Brookfield Retail Holdings Warrants LLC, Brookfield BPY Retail Holdings III LLC, Brookfield Office Properties Inc., 1706065 Alberta ULC, Brookfield Holding Limited Liability Company, Brookfield Properties, Inc., BOP (US) LLC, Brookfield Properties Subco LLC, Brookfield BPY Retail Holdings II Subco LLC, Brookfield Property Group LLC, BPY Canada Subholdings 1 ULC, Brookfield Property Split Corp., BPG Holdings Group Inc., BPG Holdings Group (US) Holdings Inc., BPY Retail V LLC, Brookfield Properties Investor LLC, Brookfield BFP Holdings LLC and BPR Holding REIT I LLC.

SCHEDULE LXXXV

BPR Holding REIT I LLC

 

Name and Position of Officer

or Director

  

Principal Business Address

  

Principal Occupation or

Employment

  

Citizenship

Sara Beugelmans, Senior Vice President   

Brookfield Place

250 Vesey Street, 15th Floor

New York, NY 10281

   Senior Vice President    USA
Michelle L. Campbell, Senior Vice President   

Brookfield Place

250 Vesey Street, 15th Floor

New York, NY 10281

   Senior Vice President    Canada
Danielle Brody, Vice President   

Brookfield Place

250 Vesey Street, 15th Floor

New York, NY 10281

   Vice President    USA
Lawrence Sava, Vice President   

Brookfield Place

250 Vesey Street, 15th Floor

New York, NY 10281

   Vice President    USA
Allen Yi, Vice President   

181 Bay Street, Suite 330

Brookfield Place

Toronto, Ontario M5J 2T3

Canada

   Vice President    Canada
Valerie Tso, Assistant Corporate Secretary   

181 Bay Street, Suite 330

Brookfield Place

Toronto, Ontario M5J 2T3

Canada

   Assistant Corporate Secretary    Canada