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Brookfield Property Partners Reports $2B In Losses In 2020

by therealdeal.com posted 1month ago 38 views
Closing the book on a devastating year, Brookfield Property Partners recorded about $2 billion in losses in 2020, with its office and retail holdings getting slammed by the pandemic. The real estate arm of Brookfield Asset Management reported a net loss of $38 million in the fourth quarter, veering sharply from its net income of $1.55 billion over the same period in 2019. At its fourth quarter earnings call on Tuesday, Brookfield Property Partners reported ... [more] The post Brookfield Property Partners reports $2B in losses in 2020 appeared first on The Real Deal South Florida.

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