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Billionaire Bill Ackman Reveals His 'Best Investment' Ever: A $60 Million Bet On Near-Bankrupt Mall Operator That Returned Over 9,000% - Brookfield Property (NASDAQ:BPYPN), PERSHING SQ HLD LTD REG S b
Benzinga· 2025-09-29 09:26
Billionaire hedge fund manager Bill Ackman described one of the most lucrative trades of his career during a recent appearance at The Citadel, calling a bet on a bankrupt shopping mall operator “the best investment” he ever made.The Most ‘Contrarian’ Investment You Can MakeSpeaking to cadets and guests at the Baker School of Business, Ackman recalled buying a 25% stake in General Growth Properties (GGP) in late 2008, when the company's stock had plunged from $63 to just 34 cents per share.“The stock went fr ...
BROOK PPTY(BPYPN) - 2025 Q2 - Quarterly Report
2025-08-08 21:27
Brookfield Property Partners L.P. Condensed consolidated financial statements (unaudited) As at June 30, 2025 and December 31, 2024 and for the three and six months ended June 30, 2025 and 2024 1 Brookfield Property Partners L.P. Condensed Consolidated Balance Sheets | Unaudited | | | As at | | | --- | --- | --- | --- | --- | | (US$ Millions) | Note | | Jun. 30, 2025 | Dec. 31, 2024 | | Assets | | | | | | Non-current assets | | | | | | Investment properties | 3 | $ | 58,651 $ | 62,078 | | Equity accounted i ...
BROOK PPTY(BPYPN) - 2025 Q1 - Quarterly Report
2025-05-09 20:48
| Unaudited | | | As at | | | --- | --- | --- | --- | --- | | (US$ Millions) | Note | | Mar. 31, 2025 | Dec. 31, 2024 | | Assets | | | | | | Non-current assets | | | | | | Investment properties | 3 | $ | 59,456 $ | 62,078 | | Equity accounted investments | 4 | | 20,224 | 19,547 | | Property, plant and equipment | 5 | | 5,519 | 5,484 | | Goodwill | 6 | | 956 | 931 | | Intangible assets | 7 | | 927 | 899 | | Other non-current assets | 8 | | 5,352 | 5,339 | | Loans and notes receivable | | | 250 | 204 | | Tota ...