Brookfield Properties

Brookfield Properties
Company typeSubsidiary
IndustryReal estate
Founded1923; 101 years ago (1923)
HeadquartersBrookfield Place,
New York
,
United States
Area served
Worldwide
Key people
Brian Kingston (CEO, Brookfield Property Partners)
ServicesProperty development and management
RevenueIncrease US$2.4 billion (2014)
Increase US$2.8 billion (2014)
Total assetsIncrease US$34.4 billion (2014)
Number of employees
2,264 (2008)[1]
ParentBrookfield Property Partners
Websitebrookfieldproperties.com

Brookfield Properties is a North American subsidiary of commercial real estate company Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Asset Management.[2] It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings.[3] Brookfield Properties acquired General Growth Properties, one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018.[4][5] As of 2024, Brookfield Properties operates corporate offices in nine countries around the world, including China,[6] India, Germany and the US.

  1. ^ "Company Profile for Brookfield Properties Corp (BPO)". Retrieved October 7, 2008.
  2. ^ "The Power 100: Commercial Real Estate's Most Powerful Players". The Commercial Observer. April 23, 2019. Retrieved September 25, 2019.
  3. ^ "About Us". Brookfield Properties. Archived from the original on May 11, 2020. Retrieved December 30, 2019. Brookfield Properties – a global alternative asset manager with over $500 billion in assets under management.
  4. ^ Thomas, Lauren; Wang, Christine (March 26, 2018). "Brookfield Property Partners to buy US mall owner GGP". CNBC. Retrieved October 20, 2021.
  5. ^ Sanchez, Luis (September 8, 2019). "How Brookfield's Acquisition of GGP Looks One Year Later". The Motley Fool. Retrieved October 20, 2021.
  6. ^ Gara, Antoine. "Billionaire Bruce Flatt Reveals Brookfield's Huge Bet On China's Ascendance". Forbes. Retrieved August 18, 2024.