Brings total funds raised to $27 billion in past 18 months BROOKFIELD, NEWS–(Marketwired – July 12, 2016) – Brookfield Asset Management Inc. (“Brookfield”) (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA) announced today that it held the final close on Brookfield Infrastructure Fund III (“BIF III” or the “Fund”) with an aggregate of $14 billion of equity commitments, creating a global infrastructure… [Read More]
Brookfield Global Integrated Solutions Acquires SNC-Lavalin's Canadian Real Estate Facilities Management Business
TORONTO, ONTARIO–(Marketwired – June 30, 2016) – Brookfield Global Integrated Solutions (Brookfield GIS), a leading global real estate facility management provider announced today that it is acquiring SNC-Lavalin Group Inc.’s (SNC-Lavalin) Canadian real estate facilities management (FM) business that manages multi million square feet and employs over 1,000 team members. “For over 20 years, Brookfield… [Read More]
Brookfield Global Integrated Solutions Continues U.S. Expansion with Acquisition
Acquisition creates leading North American provider of critical environment facilities management TORONTO, ONTARIO–(Marketwired – June 23, 2016) – Brookfield Global Integrated Solutions (Brookfield GIS), a leading global real estate facility management service provider, announced today that it is acquiring McKinstry FMS, a recognized leader in critical environments and data center facility management services across the… [Read More]
Brookfield Asset Management Completes Spin-Off of Brookfield Business Partners
BROOKFIELD, NEWS–(Marketwired – June 20, 2016) – Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA) (“Brookfield”) today announced the completion of the spin-off of Brookfield Business Partners L.P. (“Brookfield Business Partners” or “BBU”) (TSX:BBU.UN)(NYSE:BBU), the primary public vehicle through which Brookfield will own and operate the business services and industrial operations of its private equity group on a… [Read More]
Brookfield Asset Management Reports First Quarter 2016 Results
$25 Billion Raised for Flagship Private Funds BROOKFIELD, NEWS–(Marketwired – May 13, 2016) – Brookfield Asset Management Inc. (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA) today announced financial results for the quarter ended March 31, 2016. Bruce Flatt, CEO of Brookfield, stated, “We have closed $25 billion of private fund commitments for our latest round of flagship funds to date, increasing… [Read More]
Brookfield Closes US$9 Billion Global Property Fund
BROOKFIELD, NEWS–(Marketwired – April 18, 2016) – Brookfield Asset Management Inc. (“Brookfield”) (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA), announced today that it held the final close on Brookfield Strategic Real Estate Partners II (“BSREP II” or the “Fund”) with US$9.0 billion of equity commitments, creating a global opportunistic real estate fund that will invest in a diversified portfolio of high-quality… [Read More]
Brookfield Asset Management Reports 2015 Results
Net Income of $4.7 Billion in 2015; $1.2 Billion in Fourth Quarter Funds From Operations of $2.6 Billion or $2.49 per Share for 2015; Dividend Increased by 8% BROOKFIELD, NEWS–(Marketwired – Feb. 12, 2016) – Brookfield Asset Management Inc. (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA) today announced financial results for the quarter and year ended December 31, 2015. Bruce Flatt,… [Read More]
Brookfield Proposes to Acquire Rouse Properties, Inc. for $17.00 Per Share
Rouse shareholders would receive a 26% premium to current trading price and a 19% premium to 30-day volume-weighted average trading price BROOKFIELD, NEWS–(Marketwired – Jan. 19, 2016) – Brookfield Asset Management Inc. (“Brookfield”) (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA), on behalf of a real estate fund managed by Brookfield, today announced that the fund has made a proposal to acquire… [Read More]
Brookfield Global Integrated Solutions' President, Gord Hicks, Wins Corporate Knights' Greenest Chief Executive Award
TORONTO, ONTARIO–(Marketwired – June 11, 2015) – On June 2, 2015, Brookfield Global Integrated Solutions’ President, Gordon Hicks, was announced the winner of Corporate Knights’ Greenest Chief Executive Award in Canada for 2015. The Ontario Minister of Environment and Climate Change, Glen Murray, presented the award to Hicks at the Corporate Knights Gala held in… [Read More]
Brookfield Johnson Controls to Become Brookfield Global Integrated Solutions
TORONTO, ONTARIO–(Marketwired – May 4, 2015) – Brookfield Asset Management Inc. (TSX:BAM.A)(NYSE:BAM)(EURONEXT:BAMA) (“Brookfield”) announced today that its integrated facilities and project management services business in Canada, Australia and New Zealand will be rebranded as Brookfield Global Integrated Solutions. With a team of 4,000+ dedicated professionals worldwide, Brookfield Global Integrated Solutions inspires better business performance across… [Read More]
Brookfield Asset Management Closes Going Private Transaction of Brookfield Residential
TORONTO, ONTARIO and CALGARY, ALBERTA–(Marketwired – March 13, 2015) – Brookfield Asset Management Inc. (“Brookfield Asset Management”) (NYSE:BAM)(TSX:BAM.A)(EURONEXT:BAMA) and Brookfield Residential Properties Inc. (“Brookfield Residential”) (NYSE:BRP)(TSX:BRP) announced today the closing of the going private transaction of Brookfield Residential, pursuant to which 1927726 Ontario Inc., a wholly owned subsidiary of Brookfield Asset Management, acquired all of… [Read More]
Brookfield to Establish Global Facilities Management Business
NEW YORK, NEW YORK–(Marketwired – Jan. 23, 2015) – Brookfield Asset Management Inc. (“Brookfield”) announced today that it has reached an agreement to acquire the other 50% of its Canadian and Australian facilities management businesses from Johnson Controls Inc. for approximately US$200 million. This acquisition will facilitate a merger with its wholly owned businesses in… [Read More]