United States: key indicators Brookfield retail properties 2023

In 2023, Brookfield Properties managed 118 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 over 980 million U.S. dollars. Meanwhile, joint venture retail properties reached a net operating income of over 730 million U.S. dollars.

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. Brookfield has a large portfolio, icluding the large luxury retail space, the Ala Moana Center in Hawaii. One of the company's main competitors is Simon Property Group. In 2023, Simon Property owned 93 malls across the country.

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. Kimco Realty Corp. manages the largest open-air shopping mall portfolio, with hundreds of properties distributed throughout the nation.