|Bid||20.30 x 500|
|Ask||22.93 x 1000|
|Day's Range||21.31 - 22.25|
|52 Week Range||18.83 - 24.37|
|PE Ratio (TTM)||31.65|
|Forward Dividend & Yield||0.88 (4.05%)|
|1y Target Est||N/A|
Current Westfield co-CEO Steven Lowy aims to create a tech platform for physical retailers and their landlords alike to better understand shoppers.
The new bid comes more than three months after a special board committee of GGP rejected a $14.8 billion cash-and-stock acquisition offer from Brookfield Property, its largest shareholder, as inadequate. Brookfield Property’s new offer has a slightly higher cash component and offers GGP shareholders a new security that will trade as a real estate investment trust, according to the sources.
Moody's Investors Service has upgraded the rating on one class and affirmed the ratings on six classes in BB-UBS Trust 2012-SHOW, Commercial Mortgage Pass-Through Certificates, Series 2012-SHOW as follows: ...
General Growth Properties (GGP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
U.S. stocks have done extremely well since the end of the financial crisis, but real estate investment trust GGP has left everyone in the dust.
Major mall REITs are opening locally curated food halls at their spaces to lure and retain shoppers, while developers of new residential and commercial buildings count on food halls to help it fetch higher rent from tenants, who would not want to leave because of the amenity.
Moody's Investors Service affirmed the ratings on three and upgraded the ratings on four classes of BBCMS Trust 2013-TYSN, Commercial Mortgage Pass-Through Certificates, Series 2013-TYSN. Moody's rating ...
GGP Inc (LSE:0IT0) generated a below-average return on equity of 7.29% in the past 12 months, while its industry returned 8.38%. 0IT0’s results could indicate a relatively inefficient operation toRead More...
GGP Inc (NYSE:GGP) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. GGP Inc is a self-administered and self-managed real estate investment trust.
Amid a challenging retail environment, GGP's (GGP) Q4 FFO indicates growth in same-store net operating income (NOI). The company declined from providing its guidance for 2018.
GGP Inc (NYSE:GGP.PRA) saw its share price hover around a small range of $24.75 to $25.28 over the last few weeks. But is this actually reflective of the share valueRead More...
GGP Inc.'s (GGP) Q4 FFO indicates growth in same-store net operating income. Revenues increased from the prior-year quarter but missed estimates.
The December rate hike and chances of further increases kept REIT investors worried. However, underlying asset class dynamics played a key role in determining the operating performance, apart from rate.
Amid an improving economy, GGP Inc.'s (GGP) retail properties have the capability to generate decent cash flows in Q4. However, declining mall traffic and store closures remain concerns.
Macy's has spent the past few years shrinking its huge physical footprint. With the latest decision to shutter another 11 underperforming locations, two locations in the Bay Area are heading for the retail graveyard. The iconic department store retailer (NYSE: M) will lock up its storefronts in the Stonestown Galleria shopping center and its furniture outpost in the Vintage Oaks Shopping Center in Novato.
A subsidiary of Canada's Brookfield Asset Management Inc plans to acquire Westinghouse Electric Co LLC, the bankrupt nuclear services company owned by Toshiba Corp, for $4.6 billion. Brookfield Business Partners LP said in a statement on Thursday that it and institutional partners would use $1 billion of equity and $3 billion of long-term debt financing to buy the Pittsburgh-based business, its first investment in nuclear power. The buyers are also assuming Westinghouse's underfunded pension plan.
Brookfield Property Partners LP is working to restructure its offer for the shares of mall owner GGP Inc. that it doesn’t already own, according to people familiar with the matter.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing GGP, Inc. with the following peers – Blackstone Group L.P., SL Green Realty Corp., Douglas Emmett, Inc and Kimco Realty Corporation (BX-US, SLG-US, DEI-US and KIM-US). Dividend Quality Overview Over the last twelve months (prior to September 30, 2017), GGP-US paid a low quality dividend, ... Read more (Read more...)
Shares of GGP, which invests in shopping centers, is up more than 7,000 percent since the bull market started on March 9, 2009.
Jim Cramer cautions investors about investing in retail real estate investment trusts due to the decline of brick-and-mortar retail.