Brookfield Asset Management said Monday it has proposed to take its commercial real estate arm Brookfield Property Partners private in a $5.9 billion deal.
GGP, a company that invests in shopping centers, is up more than 7,000 percent since March 9, 2009, the day the stock market reached its financial crisis bottom and the start of the current bull market.
France's Unibail-Rodamco has agreed to buy Westfield Corp. for $15.7 billion, in what would be the biggest takeover of an Australian company on record.