Sentences with phrase «estate investment trust ggp»
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.
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It comes on the heels of world No. 2 retail real estate investment trust GGP Inc's rejection of a $ 14.8 billion offer from Brookfield Property for the two - thirds it did not already own.
Not exact matches
The large US$ 3.5 bn dual - tranche pro-rata TLA, which is generally sold to banks rather than institutional investors, is part of a complex deal that will see Brookfield buy the remaining 66 % of Real Estate Investment Trust (REIT) GGP that it does not already own.
Chicago - based GGP, the No. 2 U.S. mall owner, has bought back 115 department stores over the last six years and redeveloped them, Chief Executive Officer Sandeep Mathrani said last month during the National Association of Real Estate Investment Trust's annual conference in New York.