Brookfield Property Partners L.P. (NYSE:BPY), the real estate arm of Brookfield Asset Management Inc (NYSE:BAM) in Toronto, got a steal this week in buying the rest of GGP Inc (NYSE:GGP), the second-largest shopping mall operator in …
The stock has decreased 15 percent in the last 12 months. This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on GGP at https://www.zacks.com/ap/GGP
Shares of mall-focused REIT GGP (NYSE: GGP) have plunged in 2018. Initially, the stock price fell due to ongoing worries about the so-called "retail apocalypse" and its effect on mall occupancy and lease rates. Then, in March, GGP's board …
The fall in stock values came a day after Brookfield Property Partners announced its deal to buy the two-thirds of Chicago-based GGP that it didn’t already own, in a deal that values GGP at more than $15 billion. The buyer, the real estate unit …
Brookfield’s cash and stock offer for GGP values the company, one of the largest owners and operators of U.S. shopping centres, at about $15.3 billion, or $500 million (£353.1 million) more than a similar bid it made four months ago that …
If the stock closes at or above $20 at expiration this trade will return 4.54% or 10.18% (for comparison purposes only). GGP closed May 8, 2018's trading session at $20.04. In the past year, the stock has hit a 52-week low of $18.83 and …
NEW YORK, April 26 (LPC) - A US$7bn crossover loan package backing the US$15.3bn cash and stock acquisition of GGP, the second-largest mall owner in the US, by global commercial real estate giant Brookfield Property Partners LP, …
The stock has decreased 15 percent in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GGP …
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The stock has decreased 15 percent in the last 12 months. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GGP …