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International

Electra America’s bid ‘remains inadequate’: Pure Multi-Family

RENX Staff Commercial Transactions International Apr. 4 2018

Canadian-based Pure Multi-Family REIT LP (RUF-UN-X) said in a Tuesday night media release Electra America‘s revised proposal to purchase its outstanding class-A shares “remains inadequate.” Electra America, a Florida-based owner and operator of multi-family properties, announced Tuesday morning it had extended its previously submitted offer

Brookfield sweetens bid to take over U.S. mall owner GGP

RENX Staff Commercial Transactions International Mar. 27 2018

Brookfield Property Partners has added about US$2 billion to its offer to purchase GGP Inc., and says it now has a definitive agreement to acquire all outstanding shares of the U.S. mall owner which it does not currently own. BPY

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