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Brookfield Bid To Take Property Arm Private Signals Confidence in Real Estate Market

Toronto Firm Teams Up With Institutional Partners on Offer of US$16.50 per Unit
Brookfield Asset Management has proposed to acquire all the stock it does not already own in Brookfield Property Partners. (CoStar)
Brookfield Asset Management has proposed to acquire all the stock it does not already own in Brookfield Property Partners. (CoStar)
CoStar News
January 4, 2021 | 4:30 P.M.

Brookfield Asset Management's proposal to take its publicly traded property arm private, in a deal valued at 5.9 billion U.S. dollars, signals confidence in the commercial real estate market.

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