<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
THE ROUSE COMPANY
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(Name of issuer)
Common Stock, Par Value $.01 Per Share
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(Title of class of securities)
7792731
--------------
(CUSIP Number)
Cornelius J. Dwyer, Jr.
Shearman & Sterling
599 Lexington Avenue
New York, New York 10022
Telephone: (212) 848-7019
------------------------------------------
(Name, address and telephone number of person
authorized to receive notices and communications)
September 14, 1995
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(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 which is the subject of this Schedule 13D, and is filing this
statement because of Rule 13d-1(b)(3) or (4), check the following / /.
Check the following box if a fee is being paid with the statement /x/. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
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).
(Continued on following pages)
Exhibit Index on Page 9
(Page 1 of 10 Pages)
<PAGE> 2
SCHEDULE 13D
====================== =======================
CUSIP No. 7792731 Page 2 of 10 Pages
====================== =======================
1 NAME OF REPORTING PERSON
Algemeen Burgerlijk Pensioenfonds
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* 00
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Kingdom of the Netherlands
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 2,622,000
SHARES -------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER -----
OWNED BY -------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 2,622,000
REPORTING -------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER -----
WITH
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,622,000
- -------------------------------------------------------------------------------
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* EP
- -------------------------------------------------------------------------------
<PAGE> 3
Item 1. Security and Issuer.
This statement relates to the Common Stock, par value $.01 per
share (the "Common Stock"), of The Rouse Company (the "Issuer"). The Issuer is a
Maryland corporation and has its principal executive offices located at 10275
Little Patuxent Parkway, Columbia, Maryland 21044-3456.
Item 2. Identity and Background.
This statement is filed by Algemeen Burgerlijk Pensioenfonds,
an entity established under the laws of The Kingdom of the Netherlands (the
"Fund"), whose principal business is investing funds held on behalf of public
sector employees of The Kingdom of the Netherlands. The address of the Fund's
principal executive office is Oude Lindestraat 70; postbus 2980, 6401 DL
Heerlen, The Netherlands. The name, principal occupation, citizenship and
business address of each director and of each executive officer of the Fund are
as follows:
<TABLE>
<CAPTION>
PRINCIPAL
NAME OCCUPATION CITIZENSHIP BUSINESS ADDRESS
- ---- ---------- ----------- ----------------
<S> <C> <C> <C>
J. Kleiterp Executive Chairman The Netherlands Bestuur Abp
of the Board of P.O. Box 30909
Trustees of the Fund 2500 GX 's-GRAVENHAGE
H.J. Albersen Trustee of the Fund The Netherlands CMHF
P.O. box 80204
2508 AM 's-GRAVENHAGE
E.J. Anneveld Trustee of the Fund The Netherlands C.F.O.
P.O. box 84501
2508 AM 's-GRAVENHAGE
W. Drees Trustee of the Fund The Netherlands Wieringenmeen 36
3844 NA HARDERWIJK
P.H. Holthuis Trustee of the Fund The Netherlands Ministerie van O&W/BR/DG
P.O. box 25000
2700 LZ ZOETERMEER
L. Koopmans Trustee of the Fund The Netherlands Lange Voorhout 86, app. 24
2514 EJ DEN HAAG
R. van Leeuwen Trustee of the Fund The Netherlands ABOP
Herengracht 54
1015 BN AMSTERDAM
</TABLE>
(Page 3 of 10 Pages)
<PAGE> 4
<TABLE>
<CAPTION>
PRINCIPAL
NAME OCCUPATION CITIZENSHIP BUSINESS ADDRESS
- ---- ---------- ----------- ----------------
<S> <C> <C> <C>
C.L.J. V. Overbeek Trustee of the Fund The Netherlands Katholieke Onderwijs
Vakorganisatie
Verrijn Stuartlaan 36
2280 EL RIJSWIJK
A.C. van Pelt Trustee of the Fund The Netherlands Ned. Gennootschap van Leraren
P.O. box 407
3300 AK DORDRECHT
D.M. Sluimers Trustee of the Fund The Netherlands Ministerie van Financien
Casuariestraat 32
2511 VB 's-GRAVENHAGE
C. van Tilbourg Trustee of the Fund The Netherlands Vereniging van Nederlandse
Gemeenten
P.O. box 30435
2500 GK 's-GRAVENHAGE
H. v.d. Walle Trustee of the Fund The Netherlands Bisschopsstraat 16
7513 AK ENSCHEDE
J.W.E. Neervens Executive Chairman of The Netherlands ABP
the Board of Directors Oude Lindestraat 70
of the Fund 6411 EJ HEERLEN
P.J. Bezemer Member of the Board of The Netherlands ABP
Directors of the Fund Oude Lindestraat 70
6411 EJ HEERLEN
J.M.G. Frijns Member of the Board The Netherlands ABP
of Directors of the Fund Oude Lindestraat 70
6411 EJ HEERLEN
J. Mensonides Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
P.A.W.M. Spijkers Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
</TABLE>
(Page 4 of 10 Pages)
<PAGE> 5
<TABLE>
<CAPTION>
PRINCIPAL
NAME OCCUPATION CITIZENSHIP BUSINESS ADDRESS
- ---- ---------- ----------- ----------------
<S> <C> <C> <C>
J. Th. A.M. Jeurissen Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
M.G.J. Thijssen (mrs.) Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
G.J.M. van de Kerkhof Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
W. Borgdorff Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
L.C.G. Mesters Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
D.M.P. Swieringa Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
J.H. Meijer Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
H.G. Hilverink Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
W.J.M. Moes Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
M.J.M.C. Vaessen Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
H. Berkhouwer Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
</TABLE>
(Page 5 of 10 Pages)
<PAGE> 6
<TABLE>
<CAPTION>
PRINCIPAL
NAME OCCUPATION CITIZENSHIP BUSINESS ADDRESS
- ---- ---------- ----------- ----------------
<S> <C> <C> <C>
M.A. Ruys Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
D.J. Houwen Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
A.J.M. Pierik Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
H.J.P. Penders Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
J.H.J. Bijsmans Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
E.M.G. Creusen Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
J. van Eeghen Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
J.W.L.M. Croonen Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
G.H.G.M. Vankan Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
J. van den As Managing Director The Netherlands ABP
Oude Lindestraat 70
6411 EJ HEERLEN
</TABLE>
During the last five years, neither the Fund nor any of its
executive officers or directors has been (i) convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or (ii) 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
(Page 6 of 10 Pages)
<PAGE> 7
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, United States federal or state securities
laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
On September 7, 1995, the Fund acquired 15,000 shares of Common
Stock for an aggregate purchase price of $316,875. On September 13, 1995, the
Fund acquired 5,000 additional shares of Common Stock for an aggregate purchase
price of $110,000. On September 14, 1995, the Fund acquired 260,000 additional
shares of Common Stock for an aggregate purchase price of $5,837,520, raising
the number of shares of Common Stock beneficially owned by the Fund to 2,472,000
(approximately 5.2% of aggregate number of shares outstanding) and requiring the
Fund to file this statement on Schedule 13D. On September 15, 1995, the Fund
acquired an additional 150,000 shares of Common Stock for an aggregate purchase
price of $3,318,750, raising the number of shares of Common Stock beneficially
owned by the Fund to 2,622,000 (approximately 5.5% of the aggregate number of
shares outstanding).
The funds for each of the foregoing purchases of shares of the
Common Stock by the Fund were supplied from Dutch public sector pensioners'
contributions to the Fund.
Item 4. Purpose of Transaction.
The Fund has acquired the Common Stock for the purpose of
making an investment in the Issuer and not with the intention of acquiring
control of the Issuer's business. The Fund and the Issuer are exploring the
possibility of the Fund's acquiring additional Common Stock in the open market
or in a privately negotiated transaction with the Issuer. No assurance can be
given regarding whether, when, or on what terms any such acquisition or
acquisitions might be effected. In any event, the Fund may determine not to
proceed with any acquisition at any time.
In addition, the Fund from time to time intends to review its
investment in the Issuer on the basis of various factors, including the Issuer's
business, financial condition, results of operations and prospects, general
economic and industry conditions, the securities markets in general and those
for the Issuer's securities in particular, as well as other developments and
other investment opportunities. Based on such review, the Fund will take such
actions in the future as the Fund may deem appropriate in light of the
circumstances existing from time to time. If the Fund believes that further
investment in the Issuer is attractive, whether because of the market price of
the Issuer's securities or otherwise, it may acquire shares of Common Stock or
other securities of the Issuer either in the open market or in privately
negotiated transactions. Similarly, depending on market and other factors, the
Fund may determine to dispose of some or all of the Common Stock currently owned
by the
(Page 7 of 10 Pages)
<PAGE> 8
Fund or otherwise acquired by the Fund either in the open market or in privately
negotiated transactions.
Except as set forth above, the Fund has not formulated any
plans or proposals which relate to or would result in: (a) the acquisiton by any
person of additional securities of the Issuer or the disposition of securities
of the Issuer, (b) an extraordinary corporate transaction involving the Issuer
or any of its subsidiaries, (c) a sale or transfer of a material amount of the
assets of the Issuer or any of its subsidiaries, (d) any change in the present
board of directors or managment of the Issuer, (e) any material change in the
Issuer's capitalization or dividend policy, (f) any other material change in the
Issuer's business or corporate structure, (g) any change in the Issuer's charter
or bylaws or other instrument corresponding thereto or other action which may
impede the acquisiton of control of the Issuer by any person, (h) causing a
class of the Issuer's securities to be deregistered or delisted, (i) a class of
equity securities of the Issuer becoming eligible for termination of
registration or (j) any action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer.
(a)-(b) As of the date hereof, the Fund beneficially owns
2,622,000 shares of Common Stock. Based upon information contained in the most
recently available filing by the Issuer with the Securities and Exchange
Commission, such shares constitute approximately 5.5% of the outstanding shares
of Common Stock. The Fund has the sole power to vote and to dispose of all such
shares. To the knowledge of the Fund, no shares of Common Stock are beneficially
owned by any director or executive officer listed under Item 2 above.
(c) Except as described herein, no transactions in the Common
Stock were effected during the past 60 days.
(d) To the knowledge of the Fund, no other person has the right
to receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, any shares of Common Stock beneficially owned by the Fund.
(e) Not applicable.
(Page 8 of 10 Pages)
<PAGE> 9
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer.
Neither the Fund nor any of its executive officers or directors
has any contracts, arrangements or understandings with any person with respect
to any securities of the Issuer.
Item 7. Material to Be Filed as Exhibits.
None.
(Page 9 of 10 Pages)
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Signature
After due inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: September 25, 1995 ALGEMEEN BURGERLIJK PENSIOENFONDS
By /s/ Wim Borgdorff
-----------------------------------------
Name: Wim Borgdorff
Title: Executive Managing Director of the
Real Estate Division
(Page 10 of 10 Pages)
