The disparity between the prices of the shares and the underlying real estate values has led during the last year to a decrease in the transactions of single property and an increase in the transactions that involve the portfolio companies.
The decline in stock prices has been particularly acute in the retail sector. Brookfield, the Canada-based alternative asset manager, for example, took control of General Growth Properties (GGP), the second largest mall owner in the US. UU., In an agreement of US $ 26.7 billion. Valuations of commercial properties have plummeted, as e-commerce keeps shoppers at home and retailers near stores. Investors like Brookfield, however, see the opportunity to invest and redevelop sites in attractive urban locations.Withdraw Bitcoin To Bank Account in United States of America
The decline in stock prices has been particularly acute in the retail sector. Brookfield, the Canada-based alternative asset manager, for example, took control of General Growth Properties (GGP), the second largest mall owner in the US. UU., In an agreement of US $ 26.7 billion. Valuations of commercial properties have plummeted, as e-commerce keeps shoppers at home and retailers near stores. Investors like Brookfield, however, see the opportunity to invest and redevelop sites in attractive urban locations.Withdraw Bitcoin To Bank Account in United States of America
