|Bid||0.00 x 36200|
|Ask||0.00 x 800|
|Day's Range||20.42 - 21.15|
|52 Week Range||18.13 - 24.96|
|PE Ratio (TTM)||11.83|
|Earnings Date||May 3, 2018 - May 7, 2018|
|Forward Dividend & Yield||1.26 (6.28%)|
|1y Target Est||24.00|
Brookfield Retail Properties is buying up shopping malls around the country. Now the huge developer is pushing a $1 billion redevelopment in the East Bay.
Not for distribution to U.S. newswire services nor for dissemination to the United States. All amounts in Canadian dollars.. BROOKFIELD NEWS, Aug. 31, 2018-- Brookfield Office Properties Inc., a subsidiary ...
BROOKFIELD NEWS, Aug. 28, 2018-- Brookfield Property REIT Inc. announced today that its Board of Directors has declared a quarterly dividend of $0.315 per share payable on September 28, 2018 to shareholders ...
BROOKFIELD NEWS, Aug. 28, 2018-- Brookfield Property Partners L.P. announced today that it has completed its acquisition of GGP Inc.. In connection with the closing, Brookfield Property REIT Inc. has been ...
MARKET PULSE Arista Networks Inc. (anet) shares rose in the extended session Thursday after S&P Dow Jones Indices announced the cloud network company will join the S&P 500 index (spx) Arista shares advanced 3.
NEW YORK , Aug. 23, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500 and S&P SmallCap 600: Arista Networks Inc. (NYSE: ANET) will replace GGP Inc. (NYSE: GGP) in ...
TSX: BPY.UN) today announced that, based upon the results of the elections by holders of GGP Inc. (“GGP”) common stock, approximately 92 million limited partnership units of BPY and 160 million Class A shares of Brookfield Property REIT Inc. (“BPR”) are expected to be issued in connection with BPY’s acquisition of GGP. Following the close of the transaction approximately 1.2 billion voting shares of BPR are expected to be outstanding with each share of each class of BPR having a single vote.
Brookfield Property Partners LP had to overcome vocal GGP Inc. shareholder opposition last month to convince stockholders to approve its $15 billion takeover of the mall owner. Now Brookfield has to revitalize GGP’s 125-property portfolio at a time when many shopping malls are reeling. Brookfield’s acquisition also comes at a time when online shopping and fast-changing consumer tastes require landlords to make bigger investments on cosmetic and structural upgrades to make properties attractive to tenants and shoppers.
TSX: BPY.UN) announced today that the Toronto Stock Exchange (the “TSX”) accepted a notice filed by BPY of its intention to renew its prior normal course issuer bid for a further one-year period. BPY stated that at times its limited partnership units trade in price ranges that do not fully reflect their value.
TSX: BPY.UN) (“BPY”) today issued a reminder to GGP Inc. (GGP) (“GGP”) common shareholders to make elections for their preferred form of the special dividend to be issued in connection with BPY’s acquisition of GGP prior to the election deadline of 5:00 p.m. (Eastern Time) on August 21, 2018. GGP common shareholders of record as of the end of trading on the New York Stock Exchange (“NYSE”) on July 27, 2018 (“shareholders of record”) are eligible to make this election and registered shareholders have previously been mailed an election form.
Brookfield Property Partners L.P. (NASDAQ: BPY, TSX: BPY.UN) today announced its plans to commence development of the third and final office tower of Bay Adelaide Centre in downtown Toronto. Scotiabank has signed a commitment to lease 420,000 square feet – approximately 51% of the building – for 15 years as the anchor tenant of Bay Adelaide Centre North. “We are pleased to commence development of the North and final tower at Bay Adelaide Centre with highly respected financial institution, Scotiabank, as the lead tenant,” said Jan Sucharda, Global President and COO, Office Division, for Brookfield Property Partners.
TSX: BPY.UN) (“BPY”) announced today that, in connection with its previously announced agreement to acquire GGP Inc. (“GGP”) (the “Transaction”), Brookfield Asset Management Inc. (“Brookfield Asset Management”), which beneficially owns an approximate 69% limited partnership interest in BPY on a fully-exchanged basis (excluding the Class A preferred limited partnership units of Brookfield Property L.P.), has provided the Toronto Stock Exchange (“TSX”) with updated written consent confirming that it is in favor of the Transaction, which satisfies the BPY unitholder approval requirement of the TSX. Please refer to BPY’s press release from June 7, 2018 for further details of the Transaction.
The Hamilton, Bermuda-based company said it had profit of 69 cents per share. The real estate company posted revenue of $1.22 billion in the period. Brookfield Property shares have dropped 8 percent since ...
NEW YORK, NY / ACCESSWIRE / August 1, 2018 / Brookfield Property Partners LP (NASDAQ: BPY ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 1, 2018 at 11:00 AM ...
All dollar references are in U.S. dollars, unless noted otherwise.. BROOKFIELD NEWS, Aug. 01, 2018-- Brookfield Property Partners L.P. today announced financial results for the quarter ended June 30, 2018.. ...
Deadline for GGP common stockholders to make their elections is 5:00 p.m. on August 21, 2018. GGP common stockholders can elect to receive for their shares cash and/or equity, and can further elect to ...
TSX: BPY.UN) (“BPY”) pursuant to the Merger Agreement (as defined below) at a special meeting of GGP stockholders held today. All the other proposals voted upon at the meeting and identified in GGP’s definitive proxy statement, filed June 27, 2018, were also approved. GGP’s stockholder approval was a condition to the closing of the transactions contemplated by the Merger Agreement, including the payment of the previously announced special dividend to certain common stockholders of GGP.
Key story highlights Douglas Development Corp. and Brookfield Properties anticipate reaching substantial completion at 655 New York Ave. NW in September, with first moves into the 768,000-square-foot building around May. The project incorporated 19 historic properties into the new, 11-story glass office building to be anchored by The Advisory Board Co. The project's completion comes nearly two decades after Douglas first began assembling land in Square 450. Douglas Development Corp. and partner Brookfield Properties hope to reach substantial completion at 655 New York Ave. NW around September, after nearly two decades, some heavy lifting of historic properties, a $60 million incentive package and a complex deal that split anchor tenant The Advisory Board Co. The 768,000-square-foot project — bounded by Seventh Street, L Street, Sixth Street and New York Avenue NW — incorporated 19 historic properties into an 11-story glass office building, with move-ins slated for May. Norman Jemal, a principal at Douglas Development, and Greg Meyer, executive vice president at Brookfield, recently showed me around their first jointly developed project.
WallStEquities.com has issued research reports on four Real Estate Development stocks, particularly: Summit Hotel Properties Inc. (INN), Brookfield Asset Management Inc. (BAM), Brookfield Property Partners L.P. (BPY), and Invitation Homes Inc. (INVH). Last Friday, Summit Hotel Properties Inc.'s stock climbed slightly by 0.14%, to close the day at $14.32. The Company's shares have advanced 1.85% in the last month.
Brookfield Property Finance ULC, a subsidiary of Brookfield Property Partners L.P. (BPY) (TSX:BPY.UN), announced today the completion of its Medium Term Notes, Series 1 issue (the “Notes”). The Notes will be fully and unconditionally guaranteed by Brookfield Property Partners and certain of its key holding subsidiaries. The Notes were offered by a syndicate of agents co-led by CIBC World Markets Inc., RBC Dominion Securities Inc., TD Securities Inc. and Scotia Capital Inc. The net proceeds of the issue will be used by Brookfield Property Finance ULC for general corporate purposes.
BROOKFIELD NEWS, June 29, 2018-- Brookfield Property Partners L.P. announced today that its second quarter 2018 financial results will be released before the market open on Wednesday, August 1, 2018. Analysts, ...