United States: key indicators Brookfield retail properties 2020

In 2020, Brookfield Properties managed 121 malls and urban retail properties across the United States. The properties 100 percent owned by the real estate firm generated a net operating income of 981 million U.S. dollars. Meanwhile, joint venture retail properties reached a net operating income of 713 million U.S. dollars. In total, the leasable area amounted to around 119 million square feet and the occupancy rate stood at 92.5 percent.

Who is Brookfield Properties?

Brookfield Properties Partners L.P. is a global commercial real estate firm and one of the leading shopping mall operators in the United States, competing with Simon Property Group. In 2020, the company owned over 100 malls across the country including the most visited shopping mall, Ala Moana Center in Hawaii.

Leading shopping mall management companies in the United States

Simon Property Group, Kimco Realty Corporation, SITE Centers, and Macerich are among the largest companies that develop, lease and operate shopping centers in the United States. Simon Property Group operates over 200 malls, comprising one of the largest shopping centers in the country. Meanwhile, Kimco Realty Corp. manages the largest open-air shopping mall portfolio, with over 350 properties distributed throughout the nation.