Brookfield Place news and archive

Brookfield buyout approved

Brookfield Asset Management is taking its mall giant Brookfield Property Partners fully under its control at the tune of 6.5 billion dollars. The initial deal proposed in January was for 5.9 billion dollars. The current deal is going through Ontario Court and is expected to close in Q3 of this fiscal year. Investors hold stock in the property...

Design

Diane von Furstenberg becomes the latest label to sign up at Brookfield Place

Brookfield's Place in lower Manhattan, which is currently undergoing a 250 million dollar renovation to become a luxury shopping and leisure hub, recently signed on Diane von Furstenberg, who will be leasing a 2,000 square foot retail unit. The designer brand is the latest among a growing list of exclusive fashion houses and labels to rent...