Gpp news and trends

Brookfield Properties Buys GGP For $9.25B

March 27, 2018
General Growth Properties
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Brookfield Properties Buys GGP For $9.25B

March 27, 2018
A few months after General Growth Properties (GGP) rejected a buyout offer from global real estate investment firm Brookfield Property Partners, the two reached a deal on Monday (March 26). Brookfield said it would purchase GGP for $9.25 billion in cash, CNBC reported. “We are pleased to have reached an agreement and are excited about combining […]