Hints and tips:
Related Special Reports
...The deal under discussion would see Brookfield invest more than $1.5bn to buy a majority interest in Castlelake and make a large investment in its funds, three people briefed on the matter told the Financial...
...While tech companies including Amazon and Google have signed new renewable energy deals, multiple executives in the fossil fuel and power industries have told the Financial Times that the electricity needed...
...Canary Wharf Group Investment Holdings, one of the primary entities within the group’s corporate structure, received written confirmation from Brookfield and QIA that the two shareholders would provide financial...
...Sam Pollock, chief executive of Brookfield’s infrastructure investment arm, told the Financial Times that he believes a “deglobalising” world, where large companies are bringing production closer to home...
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...Large private property trusts similar to Breit managed by investment groups, including Starwood Capital and Brookfield, also reported cash flows falling short of distributions in 2023, filings show....
...Private equity group Brookfield and the Qatar Investment Authority, which have owned the east London financial centre since 2015, on Wednesday announced an equity infusion of £300mn and a £100mn revolving...
...Further reading— Brookfield: inside the $500bn secretive investment firm— Will Canary Wharf become a financial ghost town?— After Brookfield’s asset shuffle what cards are left to be played?...
...Brookfield put PDT up for sale in 2021 but later withdrew the business from the market. Brookfield declined to comment on the court ruling....
...Payment services company Magnati was spun out of First Abu Dhabi Bank and is now majority owned by Canadian private equity giant Brookfield....
...Loans from the fund are typically extended for up to 20 years, secured against property assets and carrying a “commercial” interest rate....
...It is far from the only property developer betting on this sector....
...Brookfield has hired Sir Ron Kalifa, the former head of payments group Worldpay, to lead its push into financial infrastructure assets as the Canadian investment group expands further beyond the property...
...Brookfield Property Group said the FDIC was running a “secret” process to sell Signature Bank loans....
...Wall Street firms could be at risk in the face of a $2tn “wall” of property debt coming due in the next three years....
...Kering and its larger rival LVMH were the buyers in three of Europe’s largest five property sales last year, according to MSCI, with LVMH’s roughly €1bn purchase from investment firm Brookfield on the Champs-Élysées...
...Brookfield declined to comment....
...The Banks Group, which was founded in 1976, also develops property in the north of England and Scotland and it mined coal for more than 40 years until 2020....
...Lawsuits targeted HomeServices in particular because of Berkshire’s financial resources including $167.6bn in cash, far more than independent brokers....
...Residential and industrial property prices are down by about a fifth....
...It strikes the right balance between risks and opportunities for the company,” he told the Financial Times....
...Brookfield’s chief executive Bruce Flatt is among them....
...The actual cost of the party was just £400,000, Azar told the Financial Times. Sotheby’s Real Estate was spun off from the auction house — the venue for Azar’s launch party — in 1976....
A glut of apartments available in the French capital this summer is pushing down prices
...Refinancing struggles The financial pain will not fall evenly across the wider property market....
International Edition