The Wall Street Journal
Brookfield Property Partners had to overcome vocal GGP Inc. shareholder opposition last month to convince stockholders to approve its $15 billion takeover of the mall owner. That may prove to be the easy part.
Now Brookfield has to revitalize GGP’s 125-property portfolio at a time when many shopping malls are reeling. That means expanding GGP’s top-tier shopping centers with additional stores, while scaling back or reconfiguring less successful malls by adding housing, office space or hotels. . . . more
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