Brookfield Property Partners plans to “future proof” a majority of General Growth Properties’ malls by turning them into mixed-use “mini cities.” Executives of the firm said on Thursday during a third quarter earnings call that it plans to redevelop at least 100 of the 125 malls in GGP’s portfolio. The company estimates that it will spend between $800 million and $1 billion each year over the next few years to reposition or add office and/or […]
source https://therealdeal.com/2018/11/01/brookfield-to-convert-at-least-100-ggp-shopping-malls-into-mini-cities/
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