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)
181 BAY STREET, P.O. BOX 762,, 		 3. Date of Earliest Transaction (Month/Day/Year)
03/16/2012
(Street)

TORONTO, A6 M5J2T3		 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)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Obligation to Acquire Shares pursuant to Standby Agreement $ 15 03/16/2012   J(1)   1   03/16/2012 03/16/2012 Common Stock 6,351,957 $ 0 1 I See Footnotes (1) (4)
Obligation to Acquire Shares pursuant to Rights Offering $ 15 03/16/2012   J(2)   1   03/16/2012 03/16/2012 Common Stock 3,174,980 $ 0 1 I See Footnotes (2) (4)
Obligation to Acquire Shares pursuant to Rights Offering $ 15 03/16/2012   J(3)   1   03/16/2012 03/16/2012 Common Stock 756,470 $ 0 1 I See Footnotes (3) (5)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BROOKFIELD ASSET MANAGEMENT INC.
181 BAY STREET, P.O. BOX 762,
TORONTO, A6 M5J2T3		     X    
Partners Ltd
181 BAY STREET, P.O. BOX 762
TORONTO, A6 M5J2T3		     X    
Brookfield Holdings Canada
181 BAY STREET, P.O. BOX 762
TORONTO, A6 M5J2T3		     X    
Brookfield Asset Management Private Institutional Capital Adviser (Canada) LP
THREE WORLD FINANCIAL CENTER
200 VESEY STREET
NEW YORK, NY 10281		     X    
Brookfield Private Funds Holdings Inc.
THREE WORLD FINANCIAL CENTER
200 VESEY STREET
NEW YORK, NY 10281		     X    
Brookfield Retail Split LP
THREE WORLD FINANCIAL CENTER
200 VESEY STREET
NEW YORK, NY 10281		     X    
Brookfield Retail Split II LLC
THREE WORLD FINANCIAL CENTER
200 VESEY STREET
NEW YORK, NY 10281		     X    
Brookfield US Holdings Inc.
THREE WORLD FINANCIAL CENTER
200 VESEY STREET
NEW YORK, NY 10281		     X    
Brookfield US Corp
THREE WORLD FINANCIAL CENTER
200 VESEY STREET, 11TH FLOOR
NEW YORK, NY 10281		     X    
Brookfield REP GP Inc.
THREE WORLD FINANCIAL CENTER
200 VESEY STREET
NEW YORK, NY 10281		     X    

Signatures

 /s/ Joseph Freedman, Senior Managing Partner of Brookfield Asset Management Inc.   03/20/2012
**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.
 
Remarks:
Exhibit List: (1) Exhibit 99.1 - Explanation of Responses, (2) Exhibit 99.2 - Joint Filer Information, Exhibit 99.3 - Joint Filers' Signature

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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