Comment by
asdfbc on May 07, 2020 2:57pm
BAM plans $5B investment to help retailers. https://www.bnnbloomberg.ca/brookfield-plans-us-5b-to-prop-up-retailers-after-mall-bet-1.1432989
Comment by
Capharnaum on May 07, 2020 4:50pm
I don't know if it's a sign, but this sounds like either BAM will help retailers, thus helping BPY (since the help will keep retailers paying their rent) or else BAM will integrate BPY.
Comment by
Vette08 on May 07, 2020 5:14pm
Thanks for the info....I will bet a big chunk of that fund will so happen to help BPY retail tenants....right? Vette
Comment by
asdfbc on May 07, 2020 5:18pm
Correct. That is my understanding from their the press release from BAM. They called it Retail Revitalization Program. Not a bad idea.......