Brookfield Property Partners

Brookfield Corporation completed the corporate spin-off of Brookfield Property Partners in April 2013, with shares listed on the Toronto and New York Stock Exchanges.

In June 2014, Brookfield Corporation acquired Brookfield Office Properties via a tender offer.

In December 2014, Qatar Investment Authority invested $1.8 billion into the partnership in the form of preferred equity securities.

In November 2015, Ric Clark became chairman and Brian Kingston became CEO.

In July 2021, the partnership was acquired by Brookfield Corporation. The transaction was intended to simplify the company's corporate structure and accounting.

Retail

As of September 30, 2024, the partnership owned 106 million square feet of retail in 103 properties in the United States.

In September 2014, Brookfield signed a lease with Hudson's Bay Company, owners of Saks Fifth Avenue department stores, at Brookfield Place, to open an 85,000 square foot store and occupy 400,000 square feet of office space in the building.

In July 2016, an investment fund sponsored by Brookfield Corporation acquired Rouse Properties, owner of 35 malls and retail centers in 21 states.

Brookfield first acquired an interest in GGP Inc. in 2016. In August 2018, Brookfield acquired the remaining shares of GGP. Concurrent with the GGP deal, Brookfield acquired retail properties on Bleecker Street in Manhattan from New York REIT with plans to revitalize the properties by creating an incubator for online and emerging retailers, and hosting cultural events and art installations.