US EditionLosses, But Smaller, In Brookfield’s $98B Property Portfolio
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Losses, But Smaller, In Brookfield’s $98B Property Portfolio
The division of Brookfield that owns a huge portfolio of offices, malls and stakes in funds made a loss in the second quarter of the year — albeit a loss much smaller than the same time last year. Brookfield Property Partners comprises $98B of assets directly owned by Brookfield, including stakes in funds managed by Brookfield Asset Management. The division reported a $46M loss for Q2 compared with a $789M loss the previous year. Those figures…
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