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Brookfield Asset Management to Spin Off New Unit
News

Brookfield Asset Management to Spin Off New Unit

... plans to spin off 35% of Brookfield Business Partners, the primary vehicle through which Brookfield will own and operate its business ... year, with an equity value of $2B as of June. Brookfield CEO Bruce Flatt noted his company has seen “substantial growth ...

Oct 08, 2015
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Brookfield Beats Fundraising Goals With $9B Fund
News

Brookfield Raises $9B For Newest Real Estate Fund

... US pension funds got on board.Brian Kingston, CEO at Brookfield Property Partners, says the funds are already 45% committed. ... and will continue the firm’s focus on investments where Brookfield can take control in large-scale, undervalued and distressed ...

Apr 19, 2016
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Brookfield Office Properties' Royal Centre Sale Nets $285M
News

Brookfield Office Properties' Royal Centre Sale Nets $285M

... head office) was put on the block last year. While Brookfield didn’t disclose any additional transaction details, the Financial Post ... to buy the tower, built in 1973, for $425M. Brookfield says sale proceeds will be distributed to unitholders next month.

Mar 30, 2016
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Brookfield Sells $349M Stake in DC Office Portfolio
News

Brookfield Sells $349M Stake in DC Office Portfolio

... of the portfolio, valued at $1.3B. Brookfield will continue to manage and lease the 96% ... the JV agreement, the companies announced. Brookfield CEO Ric Clark said the sale is part ... of Brookfield's ongoing capital recycling, and was a ...

Jun 22, 2015
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Brookfield Property Partners Bay-Adelaide Centre Dadco Investments Limited
News

Brookfield Sells 50% Stake In Bay Adelaide Centre

Brookfield Property Partners has sold a 50% stake in the Bay ...

Mar 21, 2018
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Brookfield Plans to Sell Non-Controlling Interest in DC Properties
News

Brookfield Plans to Sell Non-Controlling Interest in DC Properties

... 308,113 Specs: Three office buildings in Bethesda   Brookfield has already sold some properties in Seattle and Toronto and ... : A previous version of this story incorrectly stated that Brookfield would sell these buildings outright. They will be a selling ...

Mar 31, 2015
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Brookfield Nears $10B Target For Infrastructure Fund
News

Brookfield Closing In On $10B For Infrastructure Fund

Brookfield is being bold again—the firm is closing in on ... , a managing director of private assets advisory firm Cliffwater, says Brookfield expects to hit its $12B cap by its final close ...

Apr 06, 2016
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Brookfield Signs First Big Tenant at M Street Redevelopment
News

Brookfield Signs First Big Tenant at M Street Redevelopment

... redevelopment of 2001 M St is paying off. Bracewell & Giuliani, Brookfield's first high-visibility tenant, has signed on for 50k ... SF building from 2000 K St NW in spring 2016. Brookfield launched the redevelopment because so few new office projects are ...

Apr 15, 2015
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Brookfield Property Partners Buys German Landmark Potsdamer Platz
News

Brookfield Property Partners Buys German Landmark Potsdamer Platz

Brookfield Property Partners has completed the purchase of Berlin’s iconic ... sees more than 100,000 visitors daily. A subsidiary of Brookfield made the acquisition in a JV with an Asian sovereign ...

Jan 05, 2016
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Brookfield: $800M for 245 Park Ave Isn’t Enough
News

Brookfield: $800M for 245 Park Ave Isn’t Enough

... Ave. It has an $800M loan now, and Brookfield’s looking to make it an even $1B. The ... the $200M boost, according to the Commercial Observer. Brookfield and the Bank of China go back a ways: ... bank’s NYC branch to refi Brookfield’s Park Avenue Tower. [CO]

Apr 06, 2015
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