Brookfield to Acquire Leading Industrial and Logistics Property Company For $1.1 Billion

Brookfield Property Partners L.P. (NYSE: BPY ) -Brookfield to purchase Industrial Developments International from Kajima of Japan for $1.1 billion -High quality industrial portfolio comprised of over 27 million square feet of operating assets and 49 million square feet of future development potential -Brookfield's industrial portfolio to comprise 62 million