How Brookfield's Acquisition of GGP Looks One Year Later [The Motley Fool]
BROOKFIELD PROPERTY REIT INC CL A COMMON (BPR)
Company Research
Source: The Motley Fool
How Brookfield's Acquisition of GGP Looks One Year Later Brookfield Property's buyout of the REIT was complicated and bold. A year later, other economic headwinds have kept the company from benefiting. Brookfield Property REIT ( NASDAQ:BPR ) is a real estate investment trust (REIT) focused on owning and operating best-in-class retail shopping centers. One year ago the company completed its acquisition of General Growth Properties (GGP), a REIT focusing on master planned communities and retail, for a cool $27.5 billion. This acquisition was bold for reasons beyond its large size. The shopping center industry has gone through a tough time in recent years due to competition from e-commerce, which has led many retailers to close stores and has pushed a few into bankruptcy. It took guts for Brookfield to make such a big bet on retail at this tumultuous time, but if Brookfield was able to get a good price, perhaps it will come out ahead. Brookfield Property and GGP announced their deal to
Show less
Read more
Impact Snapshot
Event Time:
BPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BPR alerts
High impacting BROOKFIELD PROPERTY REIT INC CL A COMMON news events
Weekly update
A roundup of the hottest topics