Brookfield Sells 50% Stake In Bay Adelaide Centre
Land registry documents show a deal has closed in which VPMA Bay Adelaide Property Ltd. acquired a 50% interest in the property at 333 Bay and 22 Adelaide West, according to CoStar. The paperwork was sent through Dahdaleh’s Guernsey-based privately held investment firm Dadco Investments Ltd.
Dahdaleh was tried in an international bribery case involving a 20-year bribery scheme between the U.S. aluminum giant Alcoa Inc. and a state-controlled aluminum firm in Bahrain. Dahdaleh was found not guilty in 2013.