Brookfield heads back to the drawing board after GGP rejects its initial bid. Negotiations are likely to persist until a consensus is reached.
Units will be designed specifically with home-sharing in mind and will offer keyless entry and secure storage options. The first is slated to open in 2018.
Brookfield has submitted an indicative takeover proposal for IWG, driven by interest in serviced offices and the company's depressed shareprice
Brookfield would be buying low and would focus on corporate clients and tidying up its portfolio in an IWG acquisition
Brookfield Residential could be in talks to buy OliverMcMillan development parcels elsewhere.
Will Brookfield's $23/share bid for GGP get raised or beaten?
Westinghouse owns a large industrial portfolio that is said to be even larger than that of General Electric.
Brookfield may be considering a bid to acquire Forest City Realty.
The Hudson Yards district will now include a co-working provider among all its office space after Spaces signed a lease at Brookfield's The Lofts.
There will be no bid for IWG from Brookfield after all.
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