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The Canadian asset management giant is planning to list 50 million shares while holding onto a majority stake in the hyperscaler and colocation specialist.
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The redevelopment of the South Weymouth Naval Air Station has been stalled for years after a prior developer lost control of the site to its lender.
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Hines would exit its role as operating partner of Hudson Square Properties as part of the deal.
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The IPO priced at $21 per share, below the $23 to $27 range it was targeting.
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Brookfield Asset Management and CPP Investments are paying a 12.3% premium to acquire 108 assets spanning 53M SF and delist the public REIT.
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Brookfield continues to invest in emerging markets despite regional turmoil and weaker than anticipated Q3 results.
Brookfield is in talks to acquire Center Parcs U.K. from Blackstone for $3.7B
BOMA 360 performance program's worldwide expansion
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