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International

H&R REIT to sell 91 U.S. retail, industrial properties

Danny Kucharsky Commercial Transactions International Nov. 16 2017

H&R REIT (HR-UN-T) will sell all 79 of its wholly owned U.S. retail properties and its 12 remaining U.S. industrial properties as part of an overall strategic review.  The REIT says the portfolio changes are “significant” to streamline and focus the portfolio

Brookfield Property makes $14B bid for mall owner GGP

RENX Staff Commercial Transactions International Nov. 14 2017

Brookfield Property Partners L.P. (BPY.UN-T) announced Monday morning it is bidding to purchase all remaining shares of Chicago-based shopping mall owner GGP (GGP-N). Brookfield currently owns about 34 per cent of the company. The acquisition, if completed, will take GGP private.

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