Edgar Filing: Rouse Properties, Inc.

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BROOKFIELD ASSET MANAGEMENT INC.

2. Issuer Name and Ticker or Trading Symbol
Rouse Properties, Inc. [RSE]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 11TH FLOOR

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2012

(Street)

NEW YORK, NY 10281

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, Par Value $0.01 per share	03/26/2012		O		1,143,094	A	$ 15	5,466,710	I	See footnotes ⁽¹⁾ ⁽¹⁴⁾
Common Stock, Par Value $0.01 per share	03/26/2012		O		3,174,980	A	$ 15	8,641,690	I	See footnotes ⁽²⁾ ⁽¹⁴⁾
Common Stock, Par Value $0.01 per share	03/26/2012		J⁽³⁾		6,354,012	A	$ 15	14,995,702	I	See footnotes ⁽³⁾ ⁽¹⁴⁾
Common Stock, Par Value $0.01 per share	03/26/2012		O		1,809,064	A	$ 15	1,809,064	I	See footnotes ⁽⁴⁾ ⁽¹⁵⁾
Common Stock, Par Value $0.01 per share	03/26/2012		O		756,470	A	$ 15	2,565,534	I	See footnotes ⁽⁵⁾ ⁽¹⁵⁾
Common Stock, Par Value $0.01 per share								2,946,661	I	See footnotes ⁽⁶⁾
Common Stock, Par Value $0.01 per share								2,012,058	I	See footnote ⁽⁷⁾
Common Stock, Par Value $0.01 per share								2,307,948	I	See footnote ⁽⁸⁾
Common Stock, Par Value $0.01 per share								265,725	I	See footnote ⁽⁹⁾
Common Stock, Par Value $0.01 per share								530,635	I	See footnote ⁽¹⁰⁾
Common Stock, Par Value $0.01 per share								177,774	I	See footnote ⁽¹¹⁾
Common Stock, Par Value $0.01 per share								178,393	I	See footnote ⁽¹²⁾
Common Stock, Par Value $0.01 per share								600,173	I	See footnote ⁽¹³⁾

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Rights to Acquire Shares pursuant to Rights Offering

$ 5.6264

03/26/2012

3,047,486

02/13/2012

03/16/2012

Common Stock

1,143,094

$ 0

See footnotes ⁽¹⁾ ⁽¹⁴⁾

Obligation to Acquire Shares pursuant to Rights Offering

$ 15

03/26/2012

03/16/2012

Common Stock

3,174,980

$ 0

See footnotes ⁽²⁾ ⁽¹⁴⁾

Obligation to Acquire Shares pursuant to Standby Agreement

$ 15

03/16/2012

J⁽³⁾

03/16/2012

Common Stock

6,354,012

$ 0

See footnotes ⁽³⁾ ⁽¹⁴⁾

Rights to Acquire Shares pursuant to Rights Offering

$ 5.6264

03/26/2012

4,822,963

02/13/2012

03/16/2012

Common Stock

1,809,064

$ 0

See footnotes ⁽⁴⁾ ⁽¹⁵⁾

Obligation to Acquire Shares pursuant to Rights Offering

$ 15

03/26/2012

03/16/2012

Common Stock

756,470

$ 0

See footnotes ⁽⁵⁾ ⁽¹⁵⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BROOKFIELD ASSET MANAGEMENT INC. THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X
Partners Ltd 181 BAY STREET BROOKFIELD PLACE, SUITE 300 TORONTO, A6 M5J2T3		X
Brookfield Holdings Canada 181 BAY STREET BROOKFIELD PLACE, SUITE 300 TORONTO, A6 M5J2T3		X
Brookfield US Holdings Inc. THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X
Brookfield US Corp THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X
Brookfield Retail Split II LLC THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X
Brookfield Retail Holdings VI LLC THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X

Signatures

/s/ Joseph Freedman, Senior Managing Partner of Brookfield Asset Management Inc.		03/28/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See Exhibit 99.1; Note 1.
(2)	See Exhibit 99.1; Note 2.
(3)	See Exhibit 99.1; Note 3.
(4)	See Exhibit 99.1; Note 4.
(5)	See Exhibit 99.1; Note 5.
(6)	See Exhibit 99.1; Note 6.
(7)	See Exhibit 99.1; Note 7.
(8)	See Exhibit 99.1; Note 8.
(9)	See Exhibit 99.1; Note 9.
(10)	See Exhibit 99.1; Note 10.
(11)	See Exhibit 99.1; Note 11.
(12)	See Exhibit 99.1; Note 12.
(13)	See Exhibit 99.1; Note 13.
(14)	See Exhibit 99.1; Note 14.
(15)	See Exhibit 99.1; Note 15.
Remarks: Exhibit List: (1) Exhibit 99.1 - Explanation of Responses (2) Exhibit 99.2 - Joint Filer Information (3) Exhibit 99.3 - Joint Filers' Signatures

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

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