What a difference 104 days makes. When Europe’s largest publicly traded mall landlord agreed to pay $15.7 billion in December to acquire Westfield Corp., many industry observers heralded the deal as reason to think brighter days were ahead for the struggling retail sector. Unibail-Rodamco’s offer to buy the Australian real estate investment trust implied a rose-colored capitalization rate in the high 4s. What’s more, it stoked speculation that the pricing would move Brookfield Property Partners […]
source https://therealdeal.com/2018/03/27/brookfields-deal-for-ggp-is-a-cloud-hanging-over-the-mall-sector-analysts/
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