Edgar Filing: Howard Hughes Corp

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

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BROOKFIELD ASSET MANAGEMENT INC.

2. Issuer Name and Ticker or Trading Symbol
Howard Hughes Corp [HHC]

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

3. Date of Earliest Transaction (Month/Day/Year)
11/09/2012

(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	11/09/2012		X		496,434	A	$ 50	1,285,579	I	See Footnotes ⁽¹⁾ ⁽¹⁰⁾ ⁽¹²⁾
Common Stock, Par Value $0.01 per share	11/09/2012		X		340,653	A	$ 50	882,166	I	See Footnotes ⁽²⁾ ⁽¹⁰⁾ ⁽¹²⁾
Common Stock, Par Value $0.01 per share	11/09/2012		X		390,749	A	$ 50	1,011,896	I	See Footnotes ⁽³⁾ ⁽¹⁰⁾ ⁽¹¹⁾
Common Stock, Par Value $0.01 per share	11/09/2012		X		45,178	A	$ 50	116,994	I	See Footnotes ⁽⁴⁾ ⁽¹⁰⁾ ⁽¹¹⁾
Common Stock, Par Value $0.01 per share	11/09/2012		X		90,173	A	$ 50	233,515	I	See Footnotes ⁽⁵⁾ ⁽¹⁰⁾ ⁽¹¹⁾
Common Stock, Par Value $0.01 per share	11/09/2012		X		30,210	A	$ 50	78,233	I	See Footnotes ⁽⁶⁾ ⁽¹⁰⁾ ⁽¹¹⁾
Common Stock, Par Value $0.01 per share	11/09/2012		X		30,210	A	$ 50	78,233	I	See Footnotes ⁽⁷⁾ ⁽¹⁰⁾ ⁽¹¹⁾
Common Stock, Par Value $0.01 per share	11/09/2012		X		101,665	A	$ 50	263,274	I	See Footnotes ⁽⁸⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

496,434

11/09/2010

11/09/2017

Common Stock

496,434

⁽⁹⁾

751,209

See Footnotes ⁽¹⁾ ⁽¹⁰⁾ ⁽¹²⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

751,209

11/09/2010

11/09/2017

Common Stock

751,209

$ 38.696

See Footnotes ⁽¹⁾ ⁽¹⁰⁾ ⁽¹²⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

340,653

11/09/2010

11/09/2017

Common Stock

340,653

⁽⁹⁾

515,481

See Footnotes ⁽²⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

515,481

11/09/2010

11/09/2017

Common Stock

515,481

$ 38.696

See Footnotes ⁽²⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

390,749

11/09/2010

11/09/2017

Common Stock

390,749

⁽⁹⁾

591,287

See Footnotes ⁽³⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

591,287

11/09/2010

11/09/2017

Common Stock

591,287

$ 38.696

See Footnotes ⁽³⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

45,178

11/09/2010

11/09/2017

Common Stock

45,178

⁽⁹⁾

68,363

See Footnotes ⁽⁴⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

68,363

11/09/2010

11/09/2017

Common Stock

68,363

$ 38.696

See Footnotes ⁽⁴⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

90,173

11/09/2010

11/09/2017

Common Stock

90,173

⁽⁹⁾

136,452

See Footnotes ⁽⁵⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽⁹⁾

$ 50

11/09/2012

136,452

11/09/2010

11/09/2017

Common Stock

136,452

$ 38.696

See Footnotes ⁽⁵⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽²⁾

$ 50

11/09/2012

30,210

11/09/2010

11/09/2017

Common Stock

30,210

⁽⁹⁾

45,714

See Footnotes ⁽⁶⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽²⁾

$ 50

11/09/2012

45,714

11/09/2010

11/09/2017

Common Stock

45,714

$ 38.696

See Footnotes ⁽⁶⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽²⁾

$ 50

11/09/2012

30,210

11/09/2010

11/09/2017

Common Stock

30,210

⁽⁹⁾

45,714

See Footnotes ⁽⁷⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽²⁾

$ 50

11/09/2012

45,714

11/09/2010

11/09/2017

Common Stock

45,714

$ 38.696

See Footnotes ⁽⁷⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽²⁾

$ 50

11/09/2012

101,665

11/09/2010

11/09/2017

Common Stock

101,665

⁽⁹⁾

153,841

See Footnotes ⁽⁸⁾ ⁽¹⁰⁾ ⁽¹¹⁾

Warrant to acquire Common Stock ⁽²⁾

$ 50

11/09/2012

153,841

11/09/2010

11/09/2017

Common Stock

153,841

$ 38.696

See Footnotes ⁽⁸⁾ ⁽¹⁰⁾ ⁽¹¹⁾

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 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 Asset Management Private Institutional Capital Adviser (Canada) LP THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X
Brookfield Private Funds Holdings Inc. THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X
Brookfield Retail Split LP THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		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 REP GP Inc. THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY 10281		X

Signatures

/s/ Joe Freedman, BROOKFIELD ASSET MANAGEMENT INC.		11/14/2012
^**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.
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.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.