Sec Form 4 Filing - BROOKFIELD ASSET MANAGEMENT INC. @ Howard Hughes Corp

Insider filing report for Changes in Beneficial Ownership

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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
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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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 (MM/DD/YY)
11/09/2012

(Street)

NEW YORK, NY10281

4. If Amendment, Date Original Filed (MM/DD/YY)

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 (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	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 (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	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 )}

**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 (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	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 (MM/DD/YY)		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)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		X			496,434	11/09/2010	11/09/2017	Common Stock	496,434	^{( 9 )}	751,209	I	See Footnotes ^{( 1 )} ^{( 10 )} ^{( 12 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		S			751,209	11/09/2010	11/09/2017	Common Stock	751,209	$ 38.696	0	I	See Footnotes ^{( 1 )} ^{( 10 )} ^{( 12 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		X			340,653	11/09/2010	11/09/2017	Common Stock	340,653	^{( 9 )}	515,481	I	See Footnotes ^{( 2 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		S			515,481	11/09/2010	11/09/2017	Common Stock	515,481	$ 38.696	0	I	See Footnotes ^{( 2 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		X			390,749	11/09/2010	11/09/2017	Common Stock	390,749	^{( 9 )}	591,287	I	See Footnotes ^{( 3 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		S			591,287	11/09/2010	11/09/2017	Common Stock	591,287	$ 38.696	0	I	See Footnotes ^{( 3 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		X			45,178	11/09/2010	11/09/2017	Common Stock	45,178	^{( 9 )}	68,363	I	See Footnotes ^{( 4 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		S			68,363	11/09/2010	11/09/2017	Common Stock	68,363	$ 38.696	0	I	See Footnotes ^{( 4 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		X			90,173	11/09/2010	11/09/2017	Common Stock	90,173	^{( 9 )}	136,452	I	See Footnotes ^{( 5 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 9 )}	$ 50	11/09/2012		S			136,452	11/09/2010	11/09/2017	Common Stock	136,452	$ 38.696	0	I	See Footnotes ^{( 5 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 2 )}	$ 50	11/09/2012		X			30,210	11/09/2010	11/09/2017	Common Stock	30,210	^{( 9 )}	45,714	I	See Footnotes ^{( 6 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 2 )}	$ 50	11/09/2012		S			45,714	11/09/2010	11/09/2017	Common Stock	45,714	$ 38.696	0	I	See Footnotes ^{( 6 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 2 )}	$ 50	11/09/2012		X			30,210	11/09/2010	11/09/2017	Common Stock	30,210	^{( 9 )}	45,714	I	See Footnotes ^{( 7 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 2 )}	$ 50	11/09/2012		S			45,714	11/09/2010	11/09/2017	Common Stock	45,714	$ 38.696	0	I	See Footnotes ^{( 7 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 2 )}	$ 50	11/09/2012		X			101,665	11/09/2010	11/09/2017	Common Stock	101,665	^{( 9 )}	153,841	I	See Footnotes ^{( 8 )} ^{( 10 )} ^{( 11 )}
Warrant to acquire Common Stock ^{( 2 )}	$ 50	11/09/2012		S			153,841	11/09/2010	11/09/2017	Common Stock	153,841	$ 38.696	0	I	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, NY10281		X
Partners Ltd 181 BAY STREET BROOKFIELD PLACE, SUITE 300 TORONTO, A6M5J2T3		X
Brookfield Holdings Canada 181 BAY STREET BROOKFIELD PLACE, SUITE 300 TORONTO, A6M5J2T3		X
Brookfield Asset Management Private Institutional Capital Adviser (Canada) LP THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY10281		X
Brookfield Private Funds Holdings Inc. THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY10281		X
Brookfield Retail Split LP THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY10281		X
Brookfield US Holdings Inc. THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY10281		X
Brookfield US Corp THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY10281		X
Brookfield REP GP Inc. THREE WORLD FINANCIAL CENTER 200 VESEY STREET, 11TH FLOOR NEW YORK, NY10281		X

**Signatures**
/s/ Joe Freedman, BROOKFIELD ASSET MANAGEMENT INC.		11/14/2012
Signature of Reporting Person		Date

Explanation of Responses:

( 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

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

Sec Form 4 Filing - BROOKFIELD ASSET MANAGEMENT INC. @ Howard Hughes Corp - 2012-11-09