Brookfield Property Partners L.P. T.BPY.UN

Primary Symbol: BPY

Real Estate

Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being a global owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and the corporate sector. It generates a majority of revenue from the LP Investments segment.

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Brookfield Property Partners L.P. > BAM buy rumours

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Post by NPCexeon Oct 05, 2020 9:55pm

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Post# 31671496

BAM buy rumours

Brookfield Asset Management Inc. is weighing a bid for 410 10th Ave., a skyscraper located in Manhattans Hudson Yards neighborhood that is owned by SL Green Realty Corp., according to people with knowledge of the matter. The 20-story office tower counts Amazon.com Inc. and First Republic Bank among its tenants. It was refinanced with a new $600 million construction loan provided by institutions led by Goldman Sachs and Wells Fargo, the real estate investment trust said last month. Representatives for Brookfield and SL Green declined to comment.

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