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Lauren Leach: Brookfield Engages in Joint Ventures, Considers Mixed-Use Alternatives in Trying to Raise the Value of GGP’s Mall Portfolio – National Real Estate Investor

Lauren Leach was quoted in the National Real Estate Investor‘s article titled “Brookfield Engages in Joint Ventures, Considers Mixed-Use Alternatives in Trying to Raise the Value of GGP’s Mall Portfolio.”

“Brookfield’s aggressive plans to invest in the GGP malls is necessary to stay ahead of the curve and remain relevant with the ever-changing trends in retail,” says Lauren Leach, director of real estate at Birmingham, Mich.-based consulting and advisory firm Conway MacKenzie. “The unfortunate truth is that many malls, especially enclosed regional malls, will fall by the wayside sooner or later for various reasons. In order to avoid that fate, GGP malls need a capital injection to play to changing consumer preferences. Adding mixed-use components is a smart way to add diversification, not just in product type, but also in income streams, which in many ways reduces risk.”

To read the entire article click here.