Some of the world's largest pension funds and infrastructure investors are forming consortia to bid for the operator of an Indiana toll road that filed for bankruptcy last month, according to people familiar with the matter.
Brookfield Asset Management
An affiliate of Brookfield Asset Management (BAMa.TO) (BAM.N) has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.
A source told ET that Brookfield Asset Management intends to acquire a 100 percent stake in Unitech Corporate Parks.
Brazil-based iron ore miner Vale agreed to sell a stake in logistics company VLI SA to Canadian firm Brookfield Asset Management in a deal valued at BRL2 billion ($842.78 million).
According to a Bloomberg report, Brookfield Property intends to acquire the stake it doesn't own in Brookfield Office to consolidate both firms as one.
Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.
Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.
Canada's Brookfield Asset Management has placed a price tag for its Parramatta property in Sydney.
Brookfield named Kim Redding as its new chief investment strategist.
Brookfield Asset Management will sell its Longview Timber Holdings and its paper packaging business in separate transactions for US$3.68 billion.
Hillwood Investment Properties acquires eight Class A industrial properties totaling 2.6 million sqft
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