Brookfield Asset Management news and archive

Brookfield Asset Management: How “Canadian Warren Buffett” became new owner of BHV Marais

The iconic Bazar de l’Hôtel de Ville, with its 45,000 square metres and glass rotunda opposite Paris city hall, officially changed property owner on January 28, 2026. For an estimated sum of nearly 300 million euros, investment firm Brookfield Asset Management acquired the department store's building from the Galeries Lafayette group. This...

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Brookfield buyout approved

Brookfield Asset Management is taking its mall giant Brookfield Property Partners fully under its control at the tune of 6.5 billion dollars. The initial deal proposed in January was for 5.9 billion dollars. The current deal is going through Ontario Court and is expected to close in Q3 of this fiscal year. Investors hold stock in the property...