Brookfield Property Partners LP has lined up a slate of heavyweight backers to help finance its planned takeover of GGP Inc. The California Public Employees’ Retirement System, a CBRE Group Inc. unit, Future Fund and TIAA affiliate TH Real Estate have agreed to invest in select GGP malls, according to people with knowledge of the matter. The properties weren’t identified.
Expect BPY to close GGP deal by Sep 2018 and if things go well it may be feasible by Jun 2018.
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