Brookfield’s Bet on Malls Looks Riskier than Ever

Canadian investment giant defends contrarian strategy as things get worse for mall owners

Brookfield Asset Management Inc.’s big bet on malls last year, the firm’s latest wager on an out-of-favor asset, is looking riskier than ever as other investors increasingly sour on the sector.

香蕉视频苹果下载In August 2018, the Canadian investment firm closed a deal to buy the two-thirds of real-estate investment trust GGP Inc. it didn’t already own. The transaction valued the 125-property portfolio, mostly comprised of malls, at around $15 billion.