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Brookfield investment property news |
Blackstone Finds Vornado No Pushover in REIT Buyout Jan. 24 (Bloomberg) -- Just when everyone thought Blackstone Group LP, led by Stephen Schwarzman, could get whatever it wanted in the buyout world, along comes Steven Roth of Vornado Realty Trust to spoil his party. Regional News Briefs Milwaukee County Man dies after fight; police identify victims A 38-year-old man died early... Brookfield, Gazit-Globe Bid to Buy Mall Owner Mills Jan. 17 (Bloomberg) -- Brookfield Asset Management Inc., the owner of New Yorks World Financial Center, agreed to pay $1.35 billion for Mills Corp., gaining 38 U.S. regional shopping malls at half the price it would have had to pay a year ago. A Multitude of Suitors for Mills It must be a familiar sight to shopping-mall operator Mills Corp. : Eager buyers jostling each other for a piece of discounted merchandise. But this time, the item in question isnt a sweater or handbag -- its the company itself. On Jan. 17, the troubled Virginia outfit announced plans to sell itself to the Canadian investment firm Brookfield Asset Management for around $7.5 billion including ... Brookfield confident of revitalizing U.S. mall giant Mills with US$7.5B deal TORONTO (CP) - Brookfield Asset Management Inc. (TSX:BAM.A) is taking on the challenge of reviving The Mills Corp., which in two decades grew from one regional shopping centre into a glitzy developer of dozens of big retail malls and then staggered to the brink of bankruptcy. Brookfield and The Mills Announce Definitive Agreement for The Mills to be Acquired by Brookfield for $21 Per Share The Mills Corporation (NYSE: MLS) and Brookfield Asset Management Inc. (TSX: BAM)(NYSE: BAM) announced today that The Mills has entered into a definitive agreement pursuant to which Brookfield will acquire The Mills for cash at a price of US$21 per share, representing a total transaction value of approximately US$1.35 billion for all of the outstanding common stock of The Mills and common units ... Mills agrees to be bought by Brookfield Asset NEW YORK (Reuters) - Embattled U.S. shopping mall owner Mills Corp. said on Wednesday it agreed to be bought by Canada-based Brookfield Asset Management Inc. for $21 per share in cash. Mills agrees to $1.35B buyout The Mills Corp., a mall developer looking to escape a financial bind, said Wednesday it has agreed to be acquired by the Canadian investment company Brookfield Asset Management for $1.35 billion. Mall Developer To Be Sold For $1.3 Billion The Mills Corp., a mall developer looking to escape a financial bind, says it has agreed to be acquired by the Canadian investment company Brookfield Asset Management for $1.35 billion. Brookfield and The Mills Announce Definitive Agreement for The Mills to be Acquired by Brookfield for $21 Per Share The Mills Corporation and Brookfield Asset Management Inc.(NYSE: BAM) announced today that The Mills has entered into a definitive agreement pursuant to which Brookfield will acquire The Mills for cash at a price of US$21 per share, representing a total transaction value of approximately US$1.35 billion for all of the outstanding common stock of The Mills and common units of The Mills Limited ... |