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Scott Deveau

BROOKFIELD ASSET Management Inc. is paying about $15 billion t for GGP Inc.,the owner of the Providence Place mall. / PBN FILE PHOTO/ELI SHERMAN

Brookfield bets malls have a future with $15B GGP deal

NEW YORK - Brookfield Asset Management Inc. is betting against the retail apocalypse with its takeover of GGP Inc., the owner of the Providence Place...
JERRY STORCH, a former CEO of the defunct toy chain, has been working with multiple investors on a plan to reboot TOYS R US in the U.S / BLOOMBERG FILE PHOTO/JASON ALDEN

Former Toys R Us CEO is working on the retailer’s reboot

NEW YORK - A revival of Toys R Us might be in the works.Jerry Storch, a former chief executive officer of the defunct toy...
FAIRFAX FINANCIAL HOLDINGS Ltd. signed an agreement to buy the Canadian unit of Toys “R” Us Inc. for about $237 million. / BLOOMBERG FILE PHOTO/JASON ALDEN

Fairfax agrees on deal to keep Toys `R’ Us Canada unit...

NEW YORK - Fairfax Financial Holdings Ltd., the investment firm run by billionaire Prem Watsa, signed an agreement to buy the Canadian unit of...
GGP INC., owner of the Providence Mall and the second-largest U.S. mall landlord, agreed Monday to be taken over by a unit of Toronto-based Brookfield Asset Management Inc. / PBN FILE PHOTO/MICHAEL SALERNO

Mall mergers accelerate with buyout of GGP, Providence Place landlord

NEW YORK - As the age of Amazon takes its toll on retailers, mall owners are finding it may be better not to confront the...
BROOKFIELD PROPERTY Partners LP bid about $14.8 billion to acquire the stake it doesn’t already hold in Providence Place mall landlord GGP Inc. / PBN FILE PHOTO/NICOLE DOTZENROD

Brookfield bids $14.8B for rest of Providence Place mall landlord GGP

NEW YORK - Brookfield Property Partners LP bid about $14.8 billion to acquire the stake it doesn’t already hold in U.S. mall owner GGP Inc.,...
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