Author Archives: kckaz

Will ‘Sweetened’ Brookfield Bid for GGP Sour Investors on US Mall Sector?

GGP’s Water Tower Place in Chicago. Unibail-Rodamco’s agreement to pay $ 15.8 billion for Westfield Corp. in December caused a lift in mall share prices, giving analysts hope that high-quality malls might remain a profitable play for investors in the age of Amazon and its effect on brick-and-mortar retailers. Just over three months later, shares

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