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Brookfield Property Partners expects to benefit from parent's multibillion-dollar retail program

Investment in cash-strapped retailers lets mall owner prop up tenants, area businesses in pandemic
Toronto-based Brookfield Asset Management is creating a US$5bn retail revitalisation program. (Ashley Hardman/CoStar)
Toronto-based Brookfield Asset Management is creating a US$5bn retail revitalisation program. (Ashley Hardman/CoStar)
CoStar News
May 11, 2020 | 10:24 AM

The real estate arm of Brookfield Asset Management expects to benefit from a retail revitalisation program valued at $5bn that its parent corporation is creating to make noncontrolling investments in businesses to assist with their capital needs.

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