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Brookfield's Woodbridge Center in New Jersey.
News

Brookfield Dealing With Debt Issues At 8 Shopping Malls

... East Coast properties in Virginia, South Carolina and Alabama. Brookfield owns 125 malls across the country and has over 134M ... seen two office buildings go into distressed situations. In April, Brookfield's Gas Co. Tower went into receivership with about $ ...

Jun 16, 2023
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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 Defaults On $784M In Loans For 2 DTLA Office Towers
News

Brookfield Defaults On $784M In Loans For 2 DTLA Office Towers

... its Downtown office towers totaling $784M.  Subsidiaries of Brookfield DTLA Fund Office Trust Investor defaulted on $465M ... is encumbered by "substantial indebtedness."  The Brookfield Downtown office fund, which Brookfield partially owns, owns 7.6M SF in ...

Feb 14, 2023
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Brookfield Takes A $3.8B Bite Of Euro Data Centre Scene
News

Brookfield Takes A $3.8B Bite Of Euro Data Centre Scene

... into the increasingly fancied European data centre market. Brookfield will bring greenfield development and renewable power capabilities ... the business throughout Europe.  Announcing the deal, Brookfield said Data4’s long-term inflation-linked contracted ...

Apr 11, 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
News

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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Money
News

Brookfield Strikes $2B Refinancing For Office Companies It Took Private

... maturing next year, according to a quarterly report for Brookfield Property Partners. These new debt facilities knock off a ... of office properties across Dublin’s central business district. Brookfield used a $970M debt facility from Goldman Sachs, JPMorgan ...

Nov 21, 2023
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Leisure
News

Brookfield Lines Up £648M UK Refinancing — At A Lower Interest Rate

... statement said. The company is owned by funds managed by Brookfield Asset Management. The interest rate margins on the two tranches ... Gatwick Airport on the outskirts of London earlier this year.  Brookfield bought Center Parcs for £2.5B in 2015 and put ...

Apr 11, 2023
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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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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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