Friday, September 27, 2019

Would Simon, Brookfield Investment in Forever 21 Make Sense for Both Parties?

NREI
Struggling fast-fashion retailer Forever 21 Inc. may be positioning itself for bankruptcy, but with a possible twist.

Giant mall landlords Simon Property Trust and Brookfield Property Partners are reportedly in negotiations to acquire a stake in the ailing retailer. The move would mirror the strategy that the duo took with bankrupt Aeropostale three years ago.. . . more