Recent events
Recent events tied to this brand in public sources.
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2026
Brookfield and CPP Investments complete acquisition of LXP Industrial Trust
Brookfield Asset Management and CPP Investments completed their all-cash acquisition of LXP Industrial Trust. The transaction valued LXP at approximately $5.2 billion, and LXP became privately held.
2026
Soilbuild and Lim Chap Huat sue Brookfield over alleged joint venture breach
Soilbuild Group executive chairman Lim Chap Huat, Soilbuild and a Soilbuild unit filed a lawsuit in Singapore's High Court against Brookfield Asset Management, its Singapore arm and a Brookfield-controlled entity, alleging breach of contract and confidentiality over a proposed joint venture to acquire three Singapore industrial properties from Mapletree Industrial Trust for S$535.3 million. The claimants allege Brookfield pulled out of the tie-up two days before Mapletree announced the sale to Brookfield and used Soilbuild's proprietary commercial information in its successful bid. Brookfield said it considers the claims completely without merit and will defend the proceedings vigorously.
2020
RMZ completed sale of real estate assets to a Brookfield-managed fund
RMZ Corp completed the sale of 12.8 million square feet of real estate assets to a fund managed by Brookfield Asset Management for US$2 billion.
2020
JCPenney completes sale of most retail and operating assets
JCPenney completed the sale of substantially all of its retail and operating assets to Simon Property Group and Brookfield Asset Management.
2020
Brookfield and American Equity announce strategic partnership
Brookfield Asset Management announced a strategic partnership with American Equity Investment Life Holding Company. The announced arrangement includes a planned equity investment and reinsurance transaction, subject to applicable approvals and closing conditions.
2020
Brookfield announces pricing of US$600 million note offering
Brookfield Asset Management announced the pricing of a previously announced public offering of notes due 2050, with a total offering size of US$600 million. The offering was expected to close on or about February 21, 2020.
2020
Brookfield reports 2019 earnings
Brookfield reported $5.3 billion in net income for full-year 2019, down from $7.5 billion in 2018, and $1.6 billion in quarterly net income, down from $3 billion in the comparable 2018 period.