Tuesday, 4 August 2020

Brookfield’s nixed mall redevelopment may signal strategy shift

A tough economic environment has led Brookfield Property Partners to cancel plans to redevelop a mall in Burlington, Vermont, and local officials aren’t happy. Brookfield became involved in the project in 2017, with plans to build apartments and a 10-story office tower on the now-empty site. But last month, it sold its interest in the project to local partner Devonwood Investors. “We made a lot of progress over the past three years, completing the assembly



source https://therealdeal.com/2020/08/04/brookfields-nixed-mall-redevelopment-may-signal-strategy-shift/

No comments:

Post a Comment