Wednesday, April 18, 2018

Brookfield Is Said to Get Calpers, TIAA Financing for GGP Deal

NREI Online

Brookfield Property Partners LP has lined up a slate of heavyweight backers to help finance its planned takeover of GGP Inc.

The California Public Employees’ Retirement System, a CBRE Group Inc. unit, Future Fund and TIAA affiliate TH Real Estate have agreed to invest in select GGP malls, according to people with knowledge of the matter. The properties weren’t identified.. . . more

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