GGP Stockholders Approve $9B Brookfield Deal

The price disappointed analysts that had expected to see more of a premium for the class A assets.

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NEW YORK CITY–GGP shareholders have voted to approve the proposed takeover of the REIT by Brookfield Property Partners paving the way for the $9.25 billion acquisition to close.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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