Texas Teachers to invest $500m in GGP
The bankrupt mall REIT expects to exit Chapter 11 in October after agreeing a $8.55bn recapitalisation plan with Brookfield, Pershing Square and Fairholme Capital - and an additional $500m from Texas TRS.
The bankrupt mall REIT expects to exit Chapter 11 in October after agreeing a $8.55bn recapitalisation plan with Brookfield, Pershing Square and Fairholme Capital - and an additional $500m from Texas TRS.
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