Going for Germany
May 1, 2007, Elaine Misonzhnik
GE Real Estate, one of the more prominent American players in the European real estate market, has expanded its retail holdings in Germany. In late March, the firm bought 15 retail centers there for approximately $40 million....
Simon Nabs Mills
Mar 1, 2007, Elaine Misonzhnik
After struggling for a year to find a buyer, Mills Corp. accepted two buyout offers in less than four weeks. The Chevy Chase, Md.-based company's board reached a deal to be acquired by Simon Property Group's and Farallon Capital Management...
Centro Nabs New Plan For $6.2B
Feb 28, 2007
Australia-based Centro Properties Group announced a deal to buy New Plan Excel Realty Trust for $6.2 billion....
Mills Gives Simon Green Light, Brookfield Deadline
Feb 14, 2007
After struggling for a year to find a buyer, Mills Corp. on Tuesday moved closer to accepting its second buyout offer in less than four weeks. ...
A Bidding War for Mills?
Feb 5, 2007
All last summer, Mills Corp. languished, unable to attract a buyer to pull the troubled mall developer from the edge of bankruptcy. Finally, in January, by which time the company faced an urgent need for working capital, it nailed down a $7.5 billion deal with Canada’s Brookfield Asset Management. ...
Beating The Clock
Feb 1, 2007, Matt Hudgins & Elaine Misonzhnik
Mills Corp.'s decision to accept a $7.5 billion buyout offer from Toronto-based Brookfield Asset Management Inc., including cash and assumption of debt, came as the March 31 deadline to pay back a $1.06 billion mortgage loan from lenders represented by Goldman Sachs Mortgage Co. crept closer....
Mills Reached Deal as Debt Deadline Loomed
Jan 18, 2007, Matt Hudgins
Mills Corp.'s decision to accept a $7.5 billion buyout offer from Toronto-based Brookfield Asset Management Inc., including cash and assumption of debt, came as a March 31 deadline to pay pack a $1.06 billion mortgage loan from lenders represented by Goldman Sachs Mortgage Co.was creeping closer...
Mills Deals
Jan 1, 2007, Elaine Misonzhnik
After a bit of arm-twisting from Gazit-Globe Ltd., the Mills Corp. announced new nominations to its board of directors in early December, to be approved at the company's annual shareholder meeting...
Canada's Mega-REIT Has Funds, Will Travel
Dec 13, 2006
RioCan Real Estate Investment Trust, the largest Canadian REIT, is joining the move by Canadian investors into the U.S. market. The Toronto-based company is launching a $1.5 billion joint venture with Ramco-Gershenson Properties Trust...
Gazit, Mills Reach Deal on Board Nominations
Dec 6, 2006
After a bit of arm-twisting from Gazit-Globe Ltd., the Mills Corp. announced new nominations to its board of directors on Tuesday, to be approved at the company’s annual shareholder meeting on Dec. 29...
