Brookfield Asset Management has upped its offer by 10% for the shares of Brookfield Property Partners it doesn't already own and agreed to a deal valued at 6.5 billion U.S. dollars to take its real estate arm private.
Brookfield Reaches Deal Valued at US$6.5 Billion To Take Its Real Estate Arm Private
Toronto-Based Company Raises January Bid by 10%, Gets Unanimous Support From Brookfield Property Partners Board
By Garry Marr
CoStar News
April 1, 2021 | 3:19 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Bay Wellington Tower
181 Bay St, Toronto, ON
- Companies
- Brookfield Corporation
Finance and Insurance