brookfield property partners

UPDATE: Activist Investor Arkhouse Increases Bid to Buy Macy’s After Launching Board Proxy Fight

[Update from 3/4/2023] Arkhouse Management is not relenting in its effort to take over Macy’s, upping its acquisition price to $24 per…

Brookfield Property Sells Forever 21 Stake as Retail Continues to Drag

Brookfield Property Partners sold its stake in Forever 21 for $63 million during Q1 2021, which contributed to the real estate company’s…

Brookfield Plans to Go Private in $5.9 Billion Deal

Brookfield Asset Management has proposed to take its mall operator arm private in a deal valued at $5.9 billion. The company plans…

JCPenney Eyes $1.75 Billion Purchase By Brookfield And Simon Property

J.C. Penney Company has entered an agreement in principle to sell JCPenney to Brookfield Property Partners and Simon Property Group for $1.75…

JCPenney Lenders May Make Acquisition Bid After Other Talks Falter

JCPenney’s top lenders, including H/2 Capital Partners, are preparing to make a credit bid to own the retailer as a standalone company,…

In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group

Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to sell its operating assets…

Brookfield Properties Introduces Contactless Fitting Experience At Three Malls

Brookfield Properties will roll out FIT:MATCH’s 3D AI-powered contactless match technology at three shopping centers across the U.S. The experience will debut…

Report: Brookfield Sues Gap Over Unpaid Rent While Seeking Debt Relief Itself

Major malls and the retailers within them have suffered financial devastation for months as COVID-19 shutdowns prevented them from doing business —…

JCPenney Identifies 154 Stores Slated For Permanent Shutdown

On June 12, JCPenney will begin permanent closures of 154 stores, “following a comprehensive evaluation of its retail footprint and a careful…

Report: Judge Approves Forever 21 Sale To Simon, Brookfield And Authentic Brands

Forever 21’s sale to Simon Property Group, Brookfield Property Partners and Authentic Brands Group was approved by a U.S. Bankruptcy Court judge…

Kroger Will Sell CBD-Infused Products In 945 Stores; GGB Plans 280 CBD Shops By 2020

The CBD expansion rolls on: Kroger will roll out cannabidiol topical products within 945 stores in 17 states before the end of…

Brookfield Acquires Remainder Of GGP

Brookfield Property Partners has entered into a definitive agreement to acquire the share of real estate company GGP that it doesn’t already…

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