Brookfield Properties news and trends

Malls Stake Their Claim on Legacy Retailers With Express Buyout
Retail // June 18, 2024

Facing an ongoing existential threat from digital-native platforms, malls are doing everything in their power to keep legacy retailers alive — including staking millions to revive a bankrupt fashion chain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Today in Data: Connected Fitness Market Ramps Up; Brookfield Adds Klarna BNPL; Target Masters Curbside...
Today In Data // February 28, 2022

Today in Data, Klarna and Brookfield Properties partner on a buy now, pay later (BNPL) option for 150 mall properties. Plus, the connected fitness market could cash in as consumers look to regain their pre-pandemic figures, while Amazon and Walmart make moves in streaming. Get...

Klarna, Brookfield Bring BNPL to Malls as Consumers Demand More In-Store Availability
Retail // February 25, 2022

Swedish buy now, pay later (BNPL) giant Klarna and top-5 U.S. mall owner Brookfield Properties are teaming up to bring installment payment plans to thousands of retail tenants at over 150 shopping centers. Get the Full Story Complete the form to unlock this article and...

Mall Sector Gets More Bad News; Neiman Marcus To Cut Staff
Retail // September 24, 2020

The embattled mall category absorbed more bad news this week as Brookfield Properties and Neiman Marcus showed further signs of consistent financial stress. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
Divvy Homes Sale to Brookfield Is a Cautionary Tale for PropTech Startups

January 23, 2025
The platformization of various industries promises that the digitization of processes and discovery — where supply meets demand — improves the experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

Quick Reads
Report: Layoffs Coming To Mall Owner Brookfield Properties

September 22, 2020
Brookfield Properties Retail Group CEO Jared Chupaila delivered bad news to his employees this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Mall Parking Lots Now Revenue Streams For Owners

July 14, 2020
As the pandemic upends their entire business model, malls are turning to their own parking lots as new sources of revenue for events like outdoor concerts or drive-in movies, CNBC...

Latch Raises $70M In Funding Led By Brookfield Asset Management

August 22, 2018
Latch, manufacturer of a smart access system, announced on Wednesday (Aug. 22) that it has raised $70 million in venture funding. Get the Full Story Complete the form to unlock this...