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Brookfield Property Partners LP (BPY.OQ)

BPY.OQ on NASDAQ Stock Exchange Global Select Market

18.54USD
15 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Albert Ratner, Co-Chairman Emeritus And Former CEO Of Forest City Realty Trust, Urges Forest City Shareholders To Vote Against Acquisition By Brookfield
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Brookfield Property Partners LP ::ALBERT RATNER, CO-CHAIRMAN EMERITUS AND FORMER CEO OF FOREST CITY REALTY TRUST, URGES FOREST CITY SHAREHOLDERS TO VOTE AGAINST ACQUISITION BY BROOKFIELD.ALBERT RATNER, CO-CHAIRMAN EMERITUS AND FORMER CEO OF FOREST CITY REALTY TRUST, URGES FOREST CITY SHAREHOLDERS TO VOTE AGAINST ACQUISITION BY BROOKFIELD.BROOKFIELD PROPERTY PARTNERS LP - ISSUES OPEN LETTER TO SHAREHOLDERS SAYING HE WILL VOTE TO REJECT TRANSACTION.  Full Article

GGP Stockholders Approve Proposed Acquisition Of GGP By Brookfield Property Partners
Thursday, 26 Jul 2018 

July 26 (Reuters) - GGP Inc ::GGP STOCKHOLDERS APPROVE PROPOSED ACQUISITION OF GGP BY BROOKFIELD PROPERTY PARTNERS.GGP STOCKHOLDERS APPROVE PROPOSED ACQUISITION OF GGP BY BROOKFIELD PROPERTY PARTNERS.GGP INC - GGP AND BPY EXPECT THAT TRANSACTIONS CONTEMPLATED BY MERGER AGREEMENT WILL BE COMPLETED BY END OF AUGUST OF THIS YEAR.  Full Article

GGP Announces That Both ISS And Glass Lewis Recommend For The Merger Proposal
Thursday, 19 Jul 2018 

July 19 (Reuters) - GGP Inc ::GGP INC. ANNOUNCES THAT BOTH ISS AND GLASS LEWIS RECOMMEND FOR THE MERGER PROPOSAL AND FOR THE RELATED CHARTER AND BYLAWS PROPOSALS.GGP INC - ISS & GLASS, LEWIS & CO BOTH RECOMMENDED GGP STOCKHOLDERS VOTE "FOR" MERGER PROPOSAL, "FOR" RELATED CHARTER AND BYLAWS PROPOSALS.  Full Article

Brookfield And GGP Reach Agreement On BPY’S Acquisition Of GGP
Monday, 26 Mar 2018 

March 26 (Reuters) - Brookfield Property Partners LP ::BROOKFIELD AND GGP REACH AGREEMENT ON BPY’S ACQUISITION OF GGP.AGGREGATE CASH CONSIDERATION OF $9.25 BILLION​.TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO FFO/UNIT FOR BPY UNITHOLDERS.TRANSACTION INCLUDES A $1.85 BILLION INCREASE IN CASH CONSIDERATION, FROM $7.4 BILLION TO $9.25 BILLION.‍GGP SHAREHOLDERS WILL BE ENTITLED TO GET EITHER $23.50 IN CASH FOR EACH SHARE OR EITHER ONE BPY UNIT OR ONE SHARE OF A NEW BPY U.S. REIT SECURITY​.‍INCREASE IN CASH CONSIDERATION FROM $23.00 TO $23.50 PER GGP SHARE​.‍INCREASE IN EXCHANGE RATIO FROM 0.9656 TO 1.0000​.CREATION OF A NEW BPY U.S. REIT THAT WILL QUALIFY AS A REIT FOR TAX PURPOSES AND ISSUE SHARES IN TRANSACTION​.CASH PORTION OF DEAL TO BE FUNDED WITH ABOUT $4 BILLION FROM JV EQUITY PARTNERS, & FINANCINGS FROM SYNDICATE OF LENDERS.DEAL INCLUDES CREATION OF A NEW BPY U.S. REIT THAT WILL QUALIFY AS A REIT FOR TAX PURPOSES, ISSUE SHARES IN DEAL.‍CONSIDERATION IN DEAL WILL BE STRUCTURED AS A DIVIDEND BY GGP PAID IN CASH AND EQUITY AND MERGER CONSIDERATION PAID IN CASH​.‍BAM HAS INTENTION TO CONVERT ITS $500 MILLION BPY CLASS C JUNIOR PREFERRED SHARES INTO BPY UNITS AT $23.50 PER UNIT​.‍GGP SHAREHOLDERS WILL RECEIVE A Q2 DIVIDEND OF UP TO $0.22 PER SHARE​.SPECIAL COMMITTEE, COMPRISED OF NON-EXECUTIVE, INDEPENDENT DIRECTORS, UNANIMOUSLY RECOMMENDED GGP SHAREHOLDERS APPROVE DEAL.  Full Article

Brookfield Is Working To Restructure Bid For Mall Owner GGP- WSJ‍​
Friday, 22 Dec 2017 

Dec 22 (Reuters) - :BROOKFIELD IS WORKING TO RESTRUCTURE BID FOR MALL OWNER GGP - WSJ, CITING PEOPLE FAMILIAR WITH THE MATTER ‍​.  Full Article

GGP Inc Confirms receipt of unsolicited proposal from Brookfield Property Partners L.P.
Monday, 13 Nov 2017 

Nov 13 (Reuters) - GGP Inc :GGP Inc. Confirms receipt of unsolicited proposal from Brookfield Property Partners L.P..GGP Inc - ‍board establishes special committee to evaluate Brookfield Property Partners' proposal ​.  Full Article

Brookfield Property Partners to move U.S. Stock exchange listing to Nasdaq
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Brookfield Property Partners LP :Brookfield Property Partners to move U.S. Stock exchange listing to Nasdaq.Brookfield Property Partners LP - ‍ move to list on Nasdaq expected to be effective on or about Nov 16, limited partnership units to trade under "BPY"​.  Full Article

Brookfield Property Partners reports qtrly FFO per unit $0.34​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Brookfield Property Partners Lp ::Brookfield property partners reports third quarter 2017 results.Brookfield property partners lp - qtrly ‍company ffo per unit $0.34​.Q3 FFO per share view $0.34 -- Thomson Reuters I/B/E/S.  Full Article

CORRECTED-BRIEF-Albert Ratner Urges Forest City Shareholders To Vote Against Brookfield Deal

* ALBERT RATNER, CO-CHAIRMAN EMERITUS AND FORMER CEO OF FOREST CITY REALTY TRUST, URGES FOREST CITY SHAREHOLDERS TO VOTE AGAINST ACQUISITION BY BROOKFIELD PROPERTY PARTNERS