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Brookfield Acquires Bankrupt Data Center Operator Cyxtera For $775M
News

Brookfield Acquires Bankrupt Data Center Operator Cyxtera For $775M

... its asset purchase agreement and the court-supervised proceedings, Brookfield reached agreements to purchase the real estate where seven ... company that operates across 11 North American markets. Brookfield has been investing heavily in the data center sector ...

Nov 01, 2023
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Brookfield Closes On $15B Fund Focused On Net-Zero Economy
News

Brookfield Closes On $15B Fund Focused On Net-Zero Economy

... more than 100 major investors, according to Toronto-based Brookfield. Investors included public and private pension plans, sovereign ... of transition investing, while Teskey is CEO of Brookfield Renewable. Currently, Brookfield has a total of $725B in assets ...

Jun 23, 2022
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Brookfield Sells $1.6B Of Manufactured Home Portfolio As Investor Interest Booms
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Brookfield Sells $1.6B Of Manufactured Home Portfolio As Investor Interest Booms

... third-largest owner of manufactured home sites in the country. Brookfield declined to comment, and RHP didn't respond to CoStar ...

Dec 16, 2024
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Brookfield Properties
News

Brookfield Offering New Office Incentive: Free Apartment Rents

... employees get a free month's rent at a Brookfield apartment nearby. Brookfield, which says it operates more than 375M SF ... proud to offer this exclusive perk to new and renewing Brookfield Properties office tenants. Living, working and socializing locally has ...

Mar 18, 2022
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Stock exchange
News

Brookfield To Spin Off $80B Asset Management Business, Including Its CRE Holdings

... because of its assets on hand, according to Reuters. Brookfield also feared some investors might balk at exposure to the ... time the company has spun off a business. It listed Brookfield Asset Management Reinsurance Partners last year via a special dividend ...

May 12, 2022
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Rendering of the Manhattan West development
News

Brookfield Targets $25B Worth Of Property Sales On The Real Estate Rebound

... Through the selling of minority stakes in those properties, Brookfield anticipates raising about $10B without giving up any control ... the process of taking its main real estate subsidiary, Brookfield Property Partners, private, Flatt said. The move allows ...

Aug 13, 2021
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Spinoff
News

Brookfield Considers Spinning Off $100B Asset Management Operation

... value," Flatt wrote. The spinoff would allow the remaining Brookfield operations to become more "asset light," a circumstance that ... part of the business," Goodman said on Brookfield's earnings call Thursday. Brookfield is betting the move would capitalize on ...

Feb 11, 2022
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Brookfield REIT Returns Down For Second Straight Month
News

Brookfield REIT Returns Down For Second Straight Month

... Income Trust, a $2.4B property fund owned by Brookfield Asset Management, experienced its second consecutive monthly decline in ... to some recent downward valuation movements in our portfolio,” Brookfield said in the letter. The REIT said the operating ...

Jan 19, 2023
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Cash money U.S. currency funds for distressed investing
News

Brookfield Closes $4B Debt Fund, Surpassing Initial Target By $1B

... the strong support we have received from our investors," Brookfield Managing Partner Andrea Balkan, who oversees the fund, said ... from the United States, Canada, Europe, and Asia Pacific. Brookfield also pitched in $400M. The debt fund market in North ...

Dec 22, 2021
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Southland Mall
News

Brookfield Prepares To Lay Off A Fifth Of Its Retail Property Employees

... cuts would "align with the future scale of our portfolio,” Brookfield Properties' Retail Group CEO Jared Chupaila said in an email ... most recent earnings call in early August, Chupaila said that Brookfield is testing tech that will help it reuse empty retail ...

Sep 22, 2020
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