Brookfield Properties Retail Group

Brookfield Asset Management Completes Privatization of Brookfield Property Partners

Retrieved on: 
Monday, July 26, 2021
Companies, Economy of Toronto, Real estate, Brookfield Asset Management, Brookfield Properties Retail Group, Brookfield Property Partners, Brookfield, Connecticut, Brookfield, Brookfield Renewable Partners, Companies listed on the Toronto Stock Exchange

BROOKFIELD NEWS, July 26, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) and Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) today announced that BAM has completed its previously announced acquisition of all of the limited partnership units of BPY and the exchangeable limited partnership units of Brookfield Office Properties Exchange LP.

Key Points: 
  • Brookfield Asset Management Inc. is a leading global alternative asset manager with over US$600 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit.
  • Brookfield Asset Management is listed on the NYSE and the TSX under the symbols BAM and BAM.A, respectively.
  • Brookfield Property Partners through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc. is one of the worlds premier real estate companies, with approximately $88 billion in total assets.
  • Brookfield Property Partners is the flagship real estate company of Brookfield Asset Management Inc., a leading global alternative asset manager with over $600 billion in assets under management.

Brookfield Property Partners Announces Results of Unitholder Elections in Privatization Transaction

Retrieved on: 
Friday, July 23, 2021
Companies, Real estate, Economy of Toronto, Brookfield Asset Management, Brookfield Properties Retail Group, Brookfield Property Partners, Brookfield, Connecticut, Brookfield, Brookfield Properties, Companies listed on the Toronto Stock Exchange

BROOKFIELD NEWS, July 23, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) today announced the results of unitholder elections in Brookfield Asset Management Inc.’s (“BAM”) acquisition of all of the limited partnership units of BPY (the “transaction”).

Key Points: 
  • All dollar references are in U.S. dollars, unless noted otherwise1
    BROOKFIELD NEWS, July 23, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (BPY) (Nasdaq: BPY; TSX: BPY.UN) today announced the results of unitholder elections in Brookfield Asset Management Inc.s (BAM) acquisition of all of the limited partnership units of BPY (the transaction).
  • Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the worlds premier real estate companies, with approximately $88 billion in total assets.
  • Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management Inc., a leading global alternative asset manager with over $600 billion in assets under management.
  • Brookfield Property Partners L.P. is listed on the Nasdaq Stock Market and the Toronto Stock Exchange.

Brookfield Property Partners Obtains Final Court Approval for the Privatization Transaction and Brookfield Property REIT Announces Intention to Redeem Its 6.375% Series A Cumulative Redeemable Preferred Stock

Retrieved on: 
Tuesday, July 20, 2021
Companies, Real estate, Brookfield Asset Management, Brookfield Properties Retail Group, Brookfield Property Partners, Real estate investment trust, NASDAQ, Brookfield Renewable Partners, Companies listed on the Toronto Stock Exchange

BROOKFIELD NEWS, July 20, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) and Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) today announced that BPY has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement whereby BAM will acquire all of the limited partnership units of BPY (the “transaction”).

Key Points: 
  • Upon redemption, the BPYU Series A Preferred Stock will no longer trade on the Nasdaq Stock Market.
  • Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the worlds premier real estate companies, with approximately $88 billion in total assets.
  • Brookfield Property Partners L.P. is listed on the Nasdaq Stock Market and the Toronto Stock Exchange.
  • Brookfield Property REIT Inc. is listed on the Nasdaq Stock Market.

Brookfield Property Partners Unitholders Approve Privatization Transaction

Retrieved on: 
Friday, July 16, 2021
Companies, Real estate, Economy of Toronto, Brookfield Asset Management, Brookfield Properties Retail Group, Brookfield Property Partners, Brookfield, Brookfield Properties, Companies listed on the Toronto Stock Exchange

BROOKFIELD NEWS, July 16, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (BPY) (Nasdaq: BPY; TSX: BPY.UN) announced today that it has received unitholder approval for Brookfield Asset Management Inc.s (BAM) acquisition of all of the limited partnership units of BPY (the transaction).

Key Points: 
  • BROOKFIELD NEWS, July 16, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (BPY) (Nasdaq: BPY; TSX: BPY.UN) announced today that it has received unitholder approval for Brookfield Asset Management Inc.s (BAM) acquisition of all of the limited partnership units of BPY (the transaction).
  • Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the worlds premier real estate companies, with approximately $88 billion in total assets.
  • Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management Inc., a leading global alternative asset manager with over $600 billion in assets under management.
  • Brookfield Property Partners L.P. is listed on the Nasdaq Stock Market and the Toronto Stock Exchange.

The ARIA Network Announces Exclusive Deal to Provide AR Powered Consumer Experiences Across Brookfield Properties Malls

Retrieved on: 
Tuesday, July 6, 2021
Consumer electronics, Technology, Consumer, Other Retail, Mobile, Wireless, Other Communications, Marketing, Fashion, Advertising, Communications, Retail, Photography, Online Retail, Other Consumer, Home Goods, Department Stores, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Marketing, Brookfield Asset Management, Brookfield Properties, Brookfield, Connecticut, Brookfield, Augmented reality, Brookfield Properties Retail Group, Real estate

The ARIA Network, a disruptive media network, announced today an exclusive partnership with Brookfield Properties to leverage augmented reality as immersive experiences in all Brookfield Properties shopping centers.

Key Points: 
  • The ARIA Network, a disruptive media network, announced today an exclusive partnership with Brookfield Properties to leverage augmented reality as immersive experiences in all Brookfield Properties shopping centers.
  • We are excited to partner with ARIA within our retail portfolio, says Brookfield Properties Senior Director of Strategic Partnerships, Patrick Pechous.
  • Brookfield Properties is always seeking new, innovative experiences for our guests, and we know our shopping center communities will embrace this new offering.
  • In addition to the exclusive deal with Brookfield Properties, ARIA is also bringing its AR advertising platform to public spaces in stadiums, airports, concerts venues, music festivals and universities.

Brookfield Property Partners Announces Mailing of Circular for Special Meeting of Unitholders to Consider Privatization Transaction and Provides Update to Transaction Consideration

Retrieved on: 
Thursday, June 17, 2021
Companies, Real estate, Economy of Toronto, Brookfield Asset Management, Brookfield Properties Retail Group, Brookfield Property Partners, Real estate investment trust, Brookfield, Brookfield Renewable Partners, Brookfield Properties

The meeting is called to consider Brookfield Asset Management Inc.s (BAM) acquisition of all of the limited partnership units of BPY (the transaction).

Key Points: 
  • The meeting is called to consider Brookfield Asset Management Inc.s (BAM) acquisition of all of the limited partnership units of BPY (the transaction).
  • Details on how to vote and how to participate at the meeting via the live webcast are contained in the Circular.
  • Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the worlds premier real estate companies, with approximately $88 billion in total assets.
  • Brookfield Property Partners L.P. is listed on the Nasdaq Stock Market and the Toronto Stock Exchange.

Brookfield Property Partners Sets Record Date for Special Meeting of Unitholders to Consider Privatization Transaction

Retrieved on: 
Thursday, May 27, 2021
Companies, Brookfield Properties Retail Group, Brookfield Property Partners, Real estate, Brookfield Asset Management, Brookfield, Connecticut, Real estate investment trust, Brookfield, Massachusetts, Companies listed on the Toronto Stock Exchange, Brookfield Renewable Partners

BROOKFIELD NEWS, May 27, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (Nasdaq: BPY; TSX: BPY.UN) announced today that the record date for its upcoming special meeting of unitholders to consider Brookfield Asset Management Inc.s (BAM) acquisition of all of the limited partnership units of BPY (the transaction) will be June 8, 2021.

Key Points: 
  • BROOKFIELD NEWS, May 27, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (Nasdaq: BPY; TSX: BPY.UN) announced today that the record date for its upcoming special meeting of unitholders to consider Brookfield Asset Management Inc.s (BAM) acquisition of all of the limited partnership units of BPY (the transaction) will be June 8, 2021.
  • Only unitholders of record as of the close of business on the record date will be entitled to vote their units at the meeting.
  • Holders of Class A stock of Brookfield Property REIT Inc. (Nasdaq: BPYU) (BPYU shares) and holders of exchangeable limited partnership units of Brookfield Office Property Exchange LP (exchangeable units) are not entitled to vote at the special meeting or exercise dissent rights with respect to the transaction.
  • Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the worlds premier real estate companies, with approximately $88 billion in total assets.

KBRA Credit Profile Releases Research – Brookfield Property Partners Walks Away From CMBS Malls Ahead of Acquisition

Retrieved on: 
Friday, April 30, 2021
Banking, Professional services, Insurance, Finance, Companies, Financial markets, Brookfield Properties Retail Group, Brookfield Property Partners, Real estate, BPY, KBRA, Commercial mortgage-backed security, Brookfield Asset Management, KBRA Credit Profile, KBRA, KBRA CREDIT PROFILE, KBRA

b'KBRA Credit Profile (KCP), a division of KBRA Analytics, releases a special report on mall loans sponsored by Brookfield Property Partners (BPY) and the pending acquisition of BPY by Canada-based Brookfield Asset Management (BAM).

Key Points: 
  • b'KBRA Credit Profile (KCP), a division of KBRA Analytics, releases a special report on mall loans sponsored by Brookfield Property Partners (BPY) and the pending acquisition of BPY by Canada-based Brookfield Asset Management (BAM).
  • KCP examined its $725 billion coverage universe of over 1,100 CMBS transactions and identified 77 malls collateralizing 73 loans\xe2\x80\x94$14.65 billion by allocated loan amount (ALA)\xe2\x80\x94across 106 transactions with exposure to BPY sponsorship.
  • The acquisition is expected to close in Q3 2021; however, the transaction remains subject to the approval of a majority of BPY public unitholders as well as the Ontario Superior Court of Justice.
  • KBRA\xe2\x80\x99s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210430005384/en/\n'

Seritage Growth Properties Announces Promotions and Organizational Restructuring

Retrieved on: 
Wednesday, April 21, 2021
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Real estate, Vornado Realty Trust, GGP Inc., Brookfield Properties, Brookfield Properties Retail Group, Companies

To that end, we are proud to recognize the contributions of Andrew, Mary and Eric and welcome Ed to the team.

Key Points: 
  • To that end, we are proud to recognize the contributions of Andrew, Mary and Eric and welcome Ed to the team.
  • In this role, Ms. Rottler will be responsible for leasing, operations, tenant coordination and retail development.
  • Prior to joining Seritage, Mr. Dinenberg served as Executive Vice President of Development and Operations at Brookfield Properties, as well as development positions at Rouse Properties and Vornado Realty Trust.\nEdouard Cuilh\xc3\xa9 has been appointed Chief Accounting Officer.
  • The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015.

North American Office and Retail Portfolios Operated by Brookfield Properties Receive Coveted WELL Health-Safety Rating

Retrieved on: 
Thursday, April 8, 2021
Commercial Building & Real Estate, Construction & Property, Other Health, Other Travel, General Health, Lodging, Health, Other Construction & Property, Residential Building & Real Estate, Travel, Real estate, Brookfield Asset Management, Companies, Brookfield Properties, Brookfield, Connecticut, Brookfield, Brookfield Properties Retail Group, Brookfield Property Partners, Brookfield Place, Brookfield Properties, the International WELL Building Institute

Brookfield Properties and International WELL Building Institute (IWBI) today announced that the North American office and retail portfolios operated by Brookfield Properties have achieved IWBIs WELL Health-Safety Rating.

Key Points: 
  • Brookfield Properties and International WELL Building Institute (IWBI) today announced that the North American office and retail portfolios operated by Brookfield Properties have achieved IWBIs WELL Health-Safety Rating.
  • Covering nearly 100 office properties and more than 75 million square feet in 10 major markets, the office portfolio is the largest to achieve the rating.
  • Combined with 114 of the shopping centers operated by Brookfield Properties, more than 200 million square feet of space has been rated.
  • We have responded accordingly, installing or improving on the latest systems and programs to ensure a healthy and safe environment at our office and retail properties.