Share via...Gift this articleSubscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe Melbourne’s La Trobe Financial, the alternative asset manager owned by Brookfield is forecasting explosive growth over the next five years as its bankers at Morgan Stanley and UBS commence meetings with prospective bidders SaveLog in or to save articleShareCopy link Gift 5 articles to anyone you choose each month when you subscribe. Follow the topics, people and companies that matter to you. private-markets/fund-launch/private-credit/ Brookfield has launched a private credit strategy managed by Oaktree for Australian wholesale investors Brookfield Asset Management’s private wealth arm has brought the Oaktree Strategic Credit Fund (AUD) to Australia for the wholesale market The strategy is managed by Oaktree and distributed by Brookfield providing investors access to a diversified portfolio of income-generating private credit investments with selective allocations to public debt Aussie private credit player expands with key hire Clime IM looks to US for revenue boost the launch marks the first Oaktree open-ended credit strategy made available to wholesale investors in Australia “Australian investors are looking to private credit investments to diversify their portfolio and generate stable current income with long-term capital appreciation potential,” commented Jeremy Hall head of international at Brookfield Oaktree Wealth Solutions “We look forward to entering the market with a differentiated private credit solution which adopts a dynamic ‘all weather’ approach to navigate changing credit cycles across the credit continuum globally backed by Oaktree’s three decades of credit expertise.” Channel Investment Management was chosen as the responsible entity and investment manager of the fund Brookfield Oaktree Wealth Solutions provides alternative investment offerings to financial advisers and their clients across the globe It manages more than US$1 trillion in assets under management semi-liquid and private strategies across real estate It has some 150 employees throughout 10 countries Brookfield Asset Management’s private equity division, Brookfield Capital Partners, recently entered the bidding war to acquire Insignia Financial earlier in this month among competitors Bain Capital and CC Capital Partners Insignia told the ASX that Brookfield had matched the offers of both Bain Capital and CC Capital non-binding and indicative proposal from Brookfield would see it acquire all of the shares in Insignia by way of a scheme of arrangement at a price of $4.60 cash per share or the potential alternative to acquire scrip in Brookfield’s unlisted bid vehicle Insignia stated it would offer to provide to Brookfield a limited period of access to certain non-public information on a non-exclusive basis in order to determine if Brookfield is able to formulate an improved proposal The firm had previously opened its books to both CC Capital and Bain following their improved offers last month In 2019, Brookfield acquired the majority of Oaktree Capital Management, which also made its own entry into the Australian market with a $240 million investment in professional services firm AZ NGA that completed in December 2024. So we are now underwriting criminal scams?.. The definition of 'significant change is circumstances relevant to the scope of the advice' is s.. (About StockTargetAdvisor.com (STA Research): Is a Canadian investment research company specializing in advanced stock research and analysis Our research team comprises of Financial Professionals.) is a Canadian alternative asset manager specializing in real estate The stock forecast for Brookfield Asset Management is quite optimistic based on insights from 8 professional equity analysts Here’s a deeper breakdown and interpretation of the forecast: This price represents a significant upside from the current market price of approximately CAD $54.76 (as of early May 2025) implying a potential return of over 37% within the next 12 months if the target is realized This target reflects analysts’ confidence in Brookfield’s ability to generate robust returns from its fee-based capital-light asset management business model The consensus “Buy” rating indicates that most analysts covering the stock expect it to outperform the broader market and peers in its sector This reflects confidence in Strong cash flow generation from long-term contracted assets (especially in infrastructure and renewable energy) and Attractive management fees earned from overseeing over $900 billion in assets under management (AUM)Global diversification which provides resilience across economic cycles Earnings Growth: Projected to grow at 66.4% annually over the next few years Revenue Growth: Expected to increase by 52.7% per annum Return on Equity (ROE): Forecasted to reach 30.9% within three years Corporate Restructuring: Brookfield has streamlined its organizational structure separating Brookfield Asset Management to enhance transparency and attract investment significantly increased its stake in Brookfield indicating strong institutional confidence STA Research (Stock Target Advisor.com) provides a composite scorecard based on key evaluation criteria that analysts deem important when assessing a stock’s potential STA Research’s analysis of Brookfield Asset Management Ltd is Bearish which is based on 4 positive signals and 10 negative signals Superior Risk-Adjusted ReturnsBrookfield has delivered superior performance compared to its sector peers on a risk-adjusted basis This means that despite any market volatility Brookfield’s returns have been notably efficient in terms of the risk taken It has outperformed peers for at least 12 months landing it in the top quartileImplication: Investors who are cautious about risk but still seek growth have historically found Brookfield to be a relatively safer bet Positive Cash FlowOver the past four quarters Brookfield has maintained positive total cash flow indicating that it has generated more cash from operations than it used for its business activitiesImplication: Positive cash flow provides financial flexibility and allows for reinvestment in growth opportunities or shareholder returns (e.g. Positive Free Cash FlowBrookfield has also exhibited positive free cash flow over the same period meaning the company generates enough cash after capital expenditures to potentially pay down debt or return value to shareholdersImplication: Free cash flow is often a sign of financial health as it demonstrates the ability to fund operations without needing external financing High Market CapitalizationAs one of the largest companies in its sector Brookfield is in the top quartile by market cap especially in times of economic uncertaintyImplication: A high market cap can offer stability making Brookfield an attractive option for institutional investors Poor Capital UtilizationReturn on Invested Capital (ROIC) has been below median compared to its peers This suggests that the company’s ability to generate returns from the capital it has invested is suboptimalImplication: While Brookfield generates substantial cash flow it might not be maximizing its investment capital as effectively as other companies in the sector Poor Return on Assets (ROA)Similar to ROIC Brookfield’s return on assets (ROA) has been below median when compared to peers This implies that the company has not been as effective in generating profits from its total asset baseImplication: Investors might want to consider that Brookfield’s asset efficiency is lacking compared to more profitable asset managers Overpriced Compared to Book ValueThe stock is currently trading at a premium compared to its price-to-book (P/B) value which is above the median for its sectorImplication: This suggests that Brookfield’s stock may be priced higher than what its book value would suggest possibly reflecting market optimism or an overvaluation Overpriced Compared to EarningsOn a price-to-earnings (P/E) basis Brookfield is trading higher than its peers which suggests that it might be considered overvalued by earnings metricsImplication: Investors might want to be cautious as the stock could be priced at a premium and the company’s earnings might not support such high valuations in the short term Below Median Total ReturnsOver the past 5 years Brookfield’s annualized total returns have underperformed its peers its stock performance has lagged behind other companies in its sectorImplication: Historical performance might suggest that Brookfield has faced headwinds in recent years making it a less favorable option for those seeking consistent returns High VolatilityBrookfield’s stock has exhibited above-median volatility compared to its peers implying that its stock price can be more volatile than others in the sectorImplication: This makes it riskier for investors who are sensitive to stock price fluctuations and might deter those with a lower risk tolerance Overpriced on Cash Flow BasisWhen evaluated on a price-to-cash-flow (P/CF) basis Brookfield is trading higher than its sector median suggesting that it is relatively expensive based on the cash it generatesImplication: This indicates that investors are paying a premium for each dollar of cash flow which could reduce the stock’s upside potential or present downside risks if cash flow growth doesn’t meet market expectations Low Revenue GrowthBrookfield has shown below-median revenue growth over the past five years compared to its sector peers meaning its top-line expansion has been relatively slowerImplication: A slower revenue growth rate could limit future growth potential especially for a company that is priced at a premium compared to its peers earnings growth for Brookfield has been below median relative to its peersImplication: Slower earnings growth could affect investor sentiment especially in an environment where investors are seeking companies with high growth potential Overpriced on Free Cash Flow BasisOn a price-to-free-cash-flow (P/FCF) basis Brookfield is also trading above its sector’s median suggesting that it might be overpriced relative to its free cash flow generationImplication: Investors should be cautious about entering the stock at a high price point as future free cash flow might not justify the elevated valuation Brookfield Asset Management demonstrates strong growth prospects underpinned by its diversified asset portfolio and strategic restructuring efforts While there are considerations regarding valuation practices and market volatility the company’s robust earnings and revenue growth projections (based on STA Research’s bearish analytics) to the company’s outlook All market data (will open in new tab) is provided by Barchart Solutions Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab) The stock forecast for Brookfield Asset Management is quite optimistic Brookfield Asset Management demonstrates strong growth prospects The Motley Fool is a financial services company dedicated to making the world smarter The Motley Fool reaches millions of people every month through our premium investing solutions free guidance and market analysis on Fool.com Brookfield Asset Management (BAM 2.87%) has an $88 billion market cap But the asset manager has an over 100-year history of successfully investing on behalf of itself and its clients That kinda success tends to attract investors who want to get in on what Brookfield is doing the stock is currently trading down about 12% from its recent highs working its way back from a decline of more than 25% and is it a buy after the partial recovery Brookfield Asset Management manages money for other people (and for itself). It makes money by charging clients fees for the services it provides. At the end of 2024, the asset manager had over $1 trillion in assets under management and roughly $500 billion or so of fee-bearing capital Brookfield Asset Management generated $2.5 billion in fees The company's investment profile spans five areas: renewable power with the smallest of these businesses being renewable power with roughly $125 billion in assets under management In addition, Brookfield Asset Management also has notable access to capital. It breaks down its capital sources into four groups: institutional investors The first two categories are basically large financial entities Private wealth is really a way to say rich customers is composed of a collection of controlled businesses that trade on public exchanges and represent permanent capital All in, Brookfield Asset Management is a well-diversified business with a well-diversified customer base. Now add in an attractive dividend yield of 3.3% which is well above the market's average 1.3% yield and the average finance company's yield of 1.4% This is a pretty compelling investment story the description of Brookfield Asset Management has focused on what it is today which is a logical starting point for any investment conversation But the really interesting story here is about what this asset manager plans to become in the near future Brookfield Asset Management ended 2024 with roughly $500 billion in fee-generating assets it expects to double that figure to around $1 trillion Each and every business is expected to expand materially over that period In early 2025, Brookfield Asset Management announced a huge 15% dividend increase. That's five times the historical rate of inflation growth It was a very large increase by any measure But that was based on the company's 2024 results management is calling for annual dividend growth of 15% through to 2029 So, this isn't just a growth opportunity for investors. It is a growth and income opportunity. And that should be very attractive to dividend investors across a broad spectrum highlighting again that the stock currently has an above-peer dividend Brookfield Asset Management's business is going to ebb and flow along with the market to some degree That goes some way to explaining why the stock price is down a bit right now given that it is focused on areas that are more long-term in nature (infrastructure) it should have a sticky base of assets under management If you can handle the inherent volatility of an asset manager the relatively high yield and dividend growth plans here will likely make for a very enticing buying opportunity for long-term investors Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Brookfield Asset Management. The Motley Fool has a disclosure policy *Average returns of all recommendations since inception Cost basis and return based on previous market day close Market data powered by Xignite and Polygon.io. Having made her debut in the Harvey Norman NSW Women’s Premiership at only 17, Illawarra’s Koffi Brookfield is just scratching the surface in her Rugby League career so far. But coming off a NSW Women’s Premiership Grand Final win with the Steelers in 2024, the developing half who began as a No.9 is already showing ability beyond her years in the game-managing role. Brookfield grew up playing Rugby League with the Kiama Knights, making her way from League Tag through to tackle and eventually earning a call-up to the Steelers’ Westpac Lisa Fiaola Cup squad (Under 17s). Although 2024 didn’t start as planned while recovering from a knee injury before missing the Lisa Fiaola season, the youngster made a strong return at hooker for NSW CHS Under 18s as they reached the final of the Australian Schoolgirls Championships. In the meantime, the Steelers were narrowly beaten 8-4 in their season-opener against Mounties, then Brookfield was brought straight into the starting side from Round Two and never looked back from there. Brookfield went on to play nine matches including the Semi-final and Grand Final victories, producing five try assists, four line-breaks, five line-break assists, 15 tackle-breaks, 577 kick metres at 64 per game, 73 tackles and two tries. In 2024 Brookfield also signed a NRLW development contract with St George Illawarra Dragons alongside teammate Indie Bostock, the ultimate vote of confidence for the young playmaker as she made her mark at senior grade in the NSW Women’s Premiership. This year she joins Illawarra’s Under 19s squad for the Westpac Tarsha Gale Cup, will be eligible to compete at NRLW level, and even has the opportunity to play her way into the NSW Women’s Under 19s side should her form continue. And if Brookfield’s 2024 success is any indication, there could be plenty more on the horizon for the season ahead. Todd knows Tamworth will rally for Magic Round The Knock-On Effect NSW Cup Highlights | Round Nine - Roosters v Bulldogs Team List Tuesday | Junior Reps Grand Finals, Jersey Flegg Round Nine signing a joint-venture deal to supercharge the Ruakura Superhub.\u003c/p\u003e\u003cp\u003eThe global alternative asset manager has entered into the long-term agreement with Tainui Group Holdings (TGH) for the asset at Hamilton on North Island.\u003c/p\u003e\u003cp\u003eThe partnership will initially buy four industrial-logistics buildings tenanted by Kmart Refrigafreighters and PBT Express on long-term ground leases.\u003c/p\u003e\u003cp\u003eThe JV intends to develop out a further 70ha of logistics development assets at the 610ha intermodal logistics precinct for a forecast completion value of more than $NZ1 billion ($A926 million) and “will consider further investment opportunities that present strong risk-adjusted returns”.\u003c/p\u003e\u003cp\u003eRuakura Superhub is in New Zealand’s major supply chain corridor servicing about 45 per cent of New Zealand’s population 42 per cent of the nation’s freight and 55 per cent of the country’s GDP.\u003c/p\u003e\u003cp\u003eSite connectivity includes a 30ha inland port connected via rail to New Zealand’s two largest commercial ports—Auckland Port and Port of Tauranga—and direct access to State Highway 1.\u003c/p\u003e\u003cp\u003eUnder the terms of the JV all whenua [land] will remain in Waikato-Tainui ownership across the precinct one of the assets acquired by the joint venture.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eThe chair of Te Arataura Tukoroirangi Morgan said the JV reflected the strength of the Maori economy and “signals that the iwi is open for global business”\u003c/p\u003e\u003cp\u003e“As an iwi our horizon is intergenerational; we are about building a legacy for future generations Lendlease’s third residential building in the Collins Wharf precinct of Victoria Harbour.\u003c/p\u003e\u003cp\u003eThe 28-storey building at 971 Collins Street in Melbourne’s Docklands will deliver 312 homes in a mix of one two and three-bedroom apartments as well as townhouses and penthouses.\u003c/p\u003e\u003cp\u003eAccording to Lendlease the project has already secured more than 50 per cent in presales.\u003c/p\u003e\u003cp\u003eHickory is the construction contractor—it completed the precinct’s first development in 2019 and is also working on LendLease’s second tower Regatta.\u003c/p\u003e\u003cp\u003eFor Ancora Hickory is implementing several technical construction methods including various piling techniques and precast concrete solutions that enable a parallel-track construction program.\u003c/p\u003e\u003cp\u003eThe building’s facade designed by architect Warren and Mahoney uses a three-stage design incorporating double-glazed glass and textured precast concrete with Reckli and brick finishes.\u003c/p\u003e\u003cp\u003eThe structural design transitions from a solid podium base to lighter upper levels “reflecting a maritime theme” aligned with the Collins Wharf design objectives.\u003c/p\u003e\u003cp\u003eAncora will connect to the neighbouring Regatta development via a podium allowing resident access to shared amenities.\u003c/p\u003e\u003cp\u003eDesigned as an all-electric building that includes electric vehicle infrastructure the development is targeting a 5 Star Green Star certification Completion is expected in 2027.\u003c/p\u003e\u003cp\u003eRegatta including build-to-rent and build-to-sell units.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eExtensive wharf works including remediation of pre-existing wharf piles installation of raker piles and construction of the extension to Australia Walk are also part of the project.\u003c/p\u003e\u003cp\u003eTechnical challenges include constructing on the finger wharf and co-ordinating extensive above-wharf road reserve and public parkland works.\u003c/p\u003e\u003cp\u003eThe Collins Wharf precinct will ultimately comprise six residential buildings of more than 1800 homes surrounded by over 5000sq m of parks and community space.\u003c/p\u003e\u003cp\u003eLendlease is developing the parkland concurrently with the residential components including the extension of Australian Walk that forms part of the City of Melbourne’s Greenline project.\u003c/p\u003e\u003cp\u003eLendlease executive director of development Adam Williams said Collins Wharf “is fast becoming a sought-after address .. which took just a handful of hours to emerge on Saturday night the Coalition’s failure to sway voters has come under intense scrutiny.\u003c/p\u003e\u003cp\u003eIts lack of policies around property that resonated with voters has been a large part of that criticism.\u003c/p\u003e\u003cp\u003eAmong those policies was a $5-billion infrastructure program to unlock up to 500,000 new homes was greeted with no small amount of scepticism.\u003c/p\u003e\u003cp\u003eThe Coalition also campaigned on its previously revealed plan to allow first home buyers to draw down on their superannuation giving access to up to $50,000 to help fund mortgage deposits.\u003c/p\u003e\u003cp\u003eWhile that proposal had won some support it got the thumbs down from many of Australia’s top economists who said the measure could prove highly inflationary among other issues.\u003c/p\u003e\u003cp\u003eSimilarly its plan to allow mortgage interest for first home buyers to be tax-deductible was roundly criticised for its likely inflationary and regressive effects.\u003c/p\u003e\u003cp\u003eIt has also been pointed out that the Coalition’s rejection of the Green’s policies around housing supply affordable housing and help for renters did it no favours.\u003c/p\u003e\u003cp\u003eThe ALP went to the polls spruiking an extension of schemes introduced during its previous term including a $10-billion promise for its first-home buyers’ scheme to encourage 100,000 more homes.\u0026nbsp;\u003c/p\u003e\u003cp\u003eIt also had its Help to Buy shared equity scheme under which the Government pays up to 40 per cent of the house price to point to.\u003c/p\u003e\u003cp\u003eIf it was these policies per se or the lack of detail and depth to the Coalition’s the nation's ready for the Albanese government to act.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eWhat is clear been endorsed to follow through on its policies and fix the crisis that is crippling the Australian property sector.\u003c/p\u003e\u003cp\u003eAs Urban Taskforce Australia chief executive\u0026nbsp;Tom\u0026nbsp;Forrest has pointed out it is time for the Federal Government to get back to work.\u003c/p\u003e\u003cp\u003e“Housing affordability and housing supply featured large during the campaign,” Forrest said.\u003c/p\u003e\u003cp\u003e“The key now is for the Government to strike while the iron’s hot.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“If legislation is needed to support the delivery of Labor’s $10-billion 100,000 new homes commitment—then pass it through the parliament now and get on with it.”\u003c/p\u003e\u003cp\u003eThe states have made many changes to how they enable home development The Federal Government’s support of that is crucial to its success material supply assistance or any other factor that affects getting homes out of the ground.\u003c/p\u003e\u003cp\u003eThis has been a pivotal election Then Cities for Total Fan Immersion\",\"slug\":\"billionaire-arsenal-rams-denver-nuggets-sports-anchored-precincts\",\"datePublished\":\"2025-04-30T00:00+10:00\",\"tags\":[],\"summary\":\"Why your next home might be stadium-adjacent; sports are the hook signing a joint-venture deal to supercharge the Ruakura Superhub The global alternative asset manager has entered into the long-term agreement with Tainui Group Holdings (TGH) for the asset at Hamilton on North Island The partnership will initially buy four industrial-logistics buildings tenanted by Kmart Refrigafreighters and PBT Express on long-term ground leases The JV intends to develop out a further 70ha of logistics development assets at the 610ha intermodal logistics precinct for a forecast completion value of more than $NZ1 billion ($A926 million) and “will consider further investment opportunities that present strong risk-adjusted returns” 42 per cent of the nation’s freight and 55 per cent of the country’s GDP Site connectivity includes a 30ha inland port connected via rail to New Zealand’s two largest commercial ports—Auckland Port and Port of Tauranga—and direct access to State Highway 1 property management and development services to the partnership Tukoroirangi Morgan said the JV reflected the strength of the Maori economy and “signals that the iwi is open for global business” “As an iwi our horizon is intergenerational; we are about building a legacy for future generations The transaction is expected to close in the second quarter of this year Connecting decision makers to a dynamic network of information Bloomberg quickly and accurately delivers business and financial information Chief Executive Officer Sam Pollock told analysts on Wednesday The news: Brookfield has made sweeping leadership changes at Healthscope as the private hospital operator faces mounting financial pressure and negotiations over its $1.6 billion debt Chief executive Greg Horan will step down and be replaced by former Qantas and Boral executive Tino La Spina citing an internal memo informing staff of the changes Chairman Len Chersky will also hand over to existing board member and fellow Brookfield executive Sophia Rihani The context: Brookfield fended off BGH Capital and AustralianSuper to acquire Healthscope for $4.4 billion in 2019 But the company has since struggled with rising wage costs and financial pressures Brookfield has had to inject emergency funding into Healthscope as part of negotiations with lenders The business remains under strain and according to The Australian the company is expected to breach its banking terms in the coming weeks The Australian has pointed to a consortium believed to involve HMC Capital’s David Di Pilla and insurer Bupa as working on a potential buyout and to Bain Capital’s speculated interest in acquiring equity and debt in the company Analysts have also said ASX-listed rival Ramsay Health Care could consider buying some of the better-performing Healthscope assets who advised GenesisCare during its financial restructuring will visit hospitals to meet staff and medical officers according to the memo from Chersky to staff What they said: “Greg became CEO following COVID and his leadership was crucial in stabilising the business and setting it up for the long term,” Chersky said in the memo to staff “He has overseen significant improvements in staff safety operational efficiency and in our commercial arrangements with insurers.” Tino will be visiting as many of our hospitals as possible getting to know our operations and meeting staff and [visiting medical officers],” Chersky said The sources: The Australian Financial Review, The Australian Home > Funds Management > Brookfield unveils new credit fund for Aussie wholesalers North American alternatives specialist Brookfield Oaktree Wealth Solutions has launched a new private credit-focused fund available to wholesale Australian investors. The launch of the Oaktree Strategic Credit Fund (AUD) marks the global investment firm’s first open-ended credit strategy for wholesale investors in Australia. The fund provides wholesale investors access to Oaktree’s strategic credit strategy, offering it says a diversified portfolio of income-generating private credit investments with selective allocations to public debt, particularly during periods of market dislocation. The fund requires a minimum investment of $100,000, with estimated management fees of around 1.9% of NAV. The AUD offering invests the vitually all assets in the underlying Oaktree Strategic Credit Fund, a sub-fund of the BOWSAF Intermediate Fund FCP-RAIF. The underlying fund invests in privately negotiated loans to US companies, as well as selective investments in discounted, high-quality public investments. The underlying fund holds a total investment pool of $US5.02 billion. Channel Capital’s subsidiary, Channel Investment Management Limited (CIML), has been appointed responsible entity for the fund, marking the first partnership between the pair. Brookfield Oaktree Wealth Solutions head of international Jeremy Hall welcomed the launch of the fund into the Australian market, noting that local investors are increrasing seeking to diversify their portfolios with private credit investments, whilst also gaining the benefits of stable income with long-term capital appreciation potential. “We look forward to entering the market with a differentiated private credit solution, which adopts a dynamic ‘all weather’ approach to navigate changing credit cycles across the credit continuum globally, backed by Oaktree’s three decades of credit expertise.” Canadian investment giant Brookfield acquired a majority stake (62%) in Oaktree Capital in 2019 in a more than US$4 billion deal, forming the Brookfield Oaktree Wealth Solutions brand in 2021. The combined firm oversees more than $1 trillion in assets. Oaktree maintains a regional office in Sydney. The PHD in economics is the scariest. How many academics actually understand the real world Money is leaving at a slower rate with this being considered by AMP management as a positive. Australia's Money Pit… "Our recently launched digital advice solution for AMP Super members is providing simple, intuitive retirement advice at no extra cost.”… Assistant to Bill Shorten...FoFA, A time when dozens of submissions were made, 90 odd submissions ranging from clients be sent… Only way to get that 1.25 times back will be to move clients from Brighter Super into their SMA on… Raise a glass for Scape founders Craig Carracher and Stephen Gaitanos Street Talk can reveal the duo have defeated Singaporean sovereign wealth gorilla GIC in the battle for $3 billion-plus retirement living operator Aveo It is understood that Canadian conglomerate Brookfield, which put Aveo on the auction block eight months ago via Morgan Stanley and Barrenjoey last week granted Scape exclusivity following a frenetic final round of bidding Deutsche Bank helped Anchorage Capital bankroll its purchase of South Pacific Laundries in 2018. the Brookfield-owned alternative asset manager has lined up its advisory roster for a strategic review which is slated to get under way in the coming weeks Street Talk can reveal Morgan Stanley and UBS were appointed in recent days to canvass options for the firm which has $20 billion in assets under management and will explore both a sale and an initial public offering UBS Australia may not be top of the ECM league tables, but it’s sell-side research analysts are hot among the biggest commission payers on the street. Brookfield has pulled out of the $3.4 billion private equity bidding war for storied wealth management firm Insignia Financial after being out-gunned by rival bidders Bain and CC Capital Bain and CC lodged separate $5 per share offers for near 180-year-old institution formerly known as IOOF on Friday morning, an increase of about 10 per cent to their earlier all-cash $4.60 proposals. It secured them a four-week head start against Brookfield on due diligence after Insignia’s board promised it would not shop a deal with other suitors until the start of April Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world The asset manager is interested in entering the process being run by the British government to find equity partners for Sizewell C ahead of a final investment decision expected later this year. A bid by Brookfield would be a major boost for the process as Prime Minister Keir Starmer tries to bolster Britain as a destination for investment in order to drive job creation and economic growth. Street Talk understands Brookfield’s private equity dealmakers have tapped out the auction for Loscam’s Asia Pacific business two months after the New York-headquartered group made a last-ditch effort From Flight Centre to Brambles, boards are starting to get enough firm data to realise the US president’s tariff threats are more than just noise. has agreed to sell its 16.125 per cent interest in Colonial Enterprises a wholly owned subsidiary of Brookfield Infrastructure Partners L.P The transaction is part of a broader agreement in which all co-owners of Colonial will divest their shares resulting in Brookfield acquiring 100 per cent ownership of Colonial Enterprises for an enterprise value of approximately US$9 billion Colonial Enterprises is currently owned by five partners: Shell Midstream Operating LLC (16.125%) Caisse de dépôt et placement du Québec (16.549%) The sale values Shell’s share at US$1.45 billion which includes about US$500 million in non-recourse debt and excludes customary closing adjustments Colonial operates as an independent company and fully owns Colonial Pipeline Company (CPC) which manages the largest refined products pipeline system in the United States Spanning approximately 8,800 kilometres from Texas to New York the Colonial Pipeline transports oil products from the US Gulf Coast to the Atlantic Seaboard serving as a critical artery for the nation’s energy infrastructure commented: “This divestment reflects our focus on performance “It will allow us to concentrate on areas where we have scale and competitive advantage.” Shell Midstream Operating LLC is an indirect wholly owned subsidiary of Shell Pipeline Company LP and is the largest pipeline operator in the Gulf of America transporting 1.5 billion barrels of crude oil The United States remains a key market for Shell with operations in all 50 states and a workforce of more than 12,000 employees supporting both traditional and renewable energy initiatives The transaction is subject to regulatory approvals and is expected to close in the fourth quarter of 2025 You must be logged in to post a comment Qteq and executive chairman found to have engaged in cartel conduct Woodside reports strong Q1 2025 results driven by Sangomar production India considers scrapping import taxes on US ethane, LPG, and LNG to boost trade ties Deepwater drilling pushes oil and gas industry to navigate evolving regulatory terrain US oil production set to peak in 2027 as shale boom fades, EIA forecasts Woodside greenlights US$17.5b Louisiana LNG project, targeting 2029 start Enstor receives FERC approval for major Mississippi Hub expansion BW Energy greenlights US$107m Golfinho Boost project in Brazil Venture Global’s Calcasieu Pass LNG facility begins commercial operations US revokes Trinidad-Venezuela gas licences, halting projects The decommissioning challenge: How Australia and the UK can collaborate for success Risks of subsea operations necessitate project lifecycle assurance Global bunkering sees steady growth as demand rises Offshore well integrity risk drives urgency for effective decommissioning regime The role of Australia’s oil and gas sector shifts as energy markets make new demands 1) 0ms;transition:fill 200ms cubic-bezier(0.4 1) 0ms;font-size:1.5rem;}.mui-13xs5pt{width:100vw;max-width:100vw;margin-top:1px;}.mui-68tkgc{width:100vw;max-width:100vw;margin-top:1px;}.mui-1i0sejk{min-width:200px;border-radius:4px;}.mui-o2bopd{text-align:center;-webkit-flex:0 0 auto;-ms-flex:0 0 auto;flex:0 0 auto;font-size:1.5rem;padding:8px;border-radius:50%;overflow:visible;color:rgba(0 0.54);-webkit-transition:background-color 150ms cubic-bezier(0.4 1) 0ms;transition:background-color 150ms cubic-bezier(0.4 1) 0ms;padding:12px;font-size:1.75rem;}.mui-o2bopd:hover{background-color:rgba(0 0.04);}@media (hover: none){.mui-o2bopd:hover{background-color:transparent;}}.mui-o2bopd.Mui-disabled{background-color:transparent;color:rgba(28 1) 0ms;padding:12px;font-size:1.75rem;}.mui-1cqrg4y::-moz-focus-inner{border-style:none;}.mui-1cqrg4y.Mui-disabled{pointer-events:none;cursor:default;}@media print{.mui-1cqrg4y{-webkit-print-color-adjust:exact;color-adjust:exact;}}.mui-1cqrg4y:hover{background-color:rgba(0 0.04);}@media (hover: none){.mui-1cqrg4y:hover{background-color:transparent;}}.mui-1cqrg4y.Mui-disabled{background-color:transparent;color:rgba(28 28,0.38);}.mui-16y1f2l{font-family:'__Roboto_22ceb1','__Roboto_Fallback_22ceb1';font-weight:500;font-size:0.875rem;line-height:1.75;text-transform:uppercase;min-width:64px;padding:6px 16px;border-radius:4px;-webkit-transition:background-color 250ms cubic-bezier(0.4 1) 0ms,border-color 250ms cubic-bezier(0.4 1) 0ms;transition:background-color 250ms cubic-bezier(0.4 28,0.38);box-shadow:none;background-color:rgba(29 0.12);}.mui-i4adjf:hover{box-shadow:none;}.mui-i4adjf.Mui-focusVisible{box-shadow:none;}.mui-i4adjf:active{box-shadow:none;}.mui-i4adjf.Mui-disabled{box-shadow:none;}self.__next_f.push([1,"2a:Td74,"])self.__next_f.push([1,"\n googletag.cmd.push(function() {\n // home leaderboard (desktop)\n googletag.defineSlot('/34178149/970x90_top_leaderboard' 'div-gpt-ad-1511396693346-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_Leaderboard_Position_1' 'div-gpt-ad-1511394032333-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/970x90_bottom_leaderboard' 'div-gpt-ad-1511396722471-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_Hompage_Leaderboard_Position_1' 'div-gpt-ad-1661741627089-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/undefinedTUD_Homepage_Internal_728x90' 'div-gpt-ad-1534480172990-0').addService(googletag.pubads());\n // home leaderboard (mobile)\n googletag.defineSlot('/34178149/970x90_top_leaderboard' 'div-gpt-ad-1511397345189-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_Leaderboard_Position_1' 'div-gpt-ad-1511397440293-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/970x90_bottom_leaderboard' 'div-gpt-ad-1511397726219-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/TUD_Homepage_Internal_728x90' 'div-gpt-ad-1664889583870-0').addService(googletag.pubads());\n // article leaderboard (mobile)\n googletag.defineSlot('/34178149/970x90_top_leaderboard' 'div-gpt-ad-1511489394358-0').addService(googletag.pubads());\n // skycraper\n var homeSkyscaper = googletag.defineSlot('/34178149/300x600_homepage_Skyscraper' 'div-gpt-ad-1511394913790-0').addService(googletag.pubads());\n var homeSkyscaperTwo = googletag.defineSlot('/34178149/300x600_2nd_homepage_skyscraper' 'div-gpt-ad-1511938125244-0').addService(googletag.pubads());\n // medium rectangle\n googletag.defineSlot('/34178149/300x250_LHS_MREC' 'div-gpt-ad-1511395165249-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_Middle_MREC' 'div-gpt-ad-1511395202314-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_RHS_MREC' 'div-gpt-ad-1511395237641-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_Mobile_Middle_MREC' 'div-gpt-ad-1511489982092-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x600_2nd_homepage_skyscraper' 'div-gpt-ad-1511938773649-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_leaderboard_position_2' 'div-gpt-ad-1510792120057-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_Article-page_Position01' but we don't want to lose you.\"}],[\"$\",\"div\",null,{\"className\":\"notfound-page__text-block\",\"children\":\"We recently updated the way we organise our articles at the corner of Bouverie and Grattan streets opposite the University of Melbourne’s Parkville campus.\u0026nbsp;\u003c/p\u003e\u003cp\u003eJackson Clement Burrows Architects designed the project of 365 single and multi-occupant rooms and two retail tenancies on the ground floor.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThere is an open entertainment area lounge and library on the ground floor and quiet study areas on the first second and third floors.\u0026nbsp;\u003c/p\u003e\u003cp\u003eA courtyard kitchen and dining area are on the basement level with communal terraces on the third and 15th floors.\u0026nbsp;\u003c/p\u003e\u003cp\u003eQueen Victoria Market the CBD and Melbourne Central are within walking distance of the building.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe PBSA asset will be managed by \u003ca data-mce-href=\"https://www.theurbandeveloper.com/articles/brookfield-citiplan-plot-31-storey-brisbane-student-digs\" href=\"https://www.theurbandeveloper.com/articles/brookfield-citiplan-plot-31-storey-brisbane-student-digs\" target=\"_blank\" rel=\"noopener\"\u003eJournal Student Living\u003c/a\u003e owned by Brookfield Asset Management and Citiplan.\u0026nbsp;\u003c/p\u003e\u003cp\u003eBrookfield Australia real estate co-head Ruban Kaneshamoorthy said demand for PBSA remained high.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“We see ongoing demand for these sorts of facilities serif;\" style=\"font-family:'Times New Roman' serif;\"\u003e’\u003c/span\u003es PBSA at Grattan Street for the University of Melbourne.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eConstruction took 19 months and finished nearly three months ahead of schedule with prefabricated solutions used.\u003c/p\u003e\u003cp\u003eThese included modular bathroom pods risers and precast.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe heritage property at 160-170 Bouverie Street was also incorporated into the final design.\u0026nbsp;\u003c/p\u003e\u003cp\u003eMultiplex has previously taken on similar projects for La Trobe University and Monash University.\u0026nbsp;\u003c/p\u003e\u003cp\u003eMeanwhile just south of the Melbourne CBD at South Yarra international build-to-rent player Greystar has opened its newest asset Haiku Claremont.\u003c/p\u003e\u003cp\u003eHaiku Claremont is Greystar’s second Australian property under the Haiku build-to-rent brand.\u003c/p\u003e\u003cdiv id=\"2TVDxjwCFecJYoUpvCcRCU\"\u003e\u003cpicture\u003e\u003cimg src=\"//images.ctfassets.net/8pr762qjocl3/50mXJU8LRAwEtgb020fdxV/aa252cb659f456135c810400991c952f/mid_article_greystar_haiku_claremont_south_yarra.jpg\" alt=\"Greystar has opened it's second build-to-rent property in Australia one of two towers on a site in South Yarra Melbourne.\" data-mce-src=\"//images.ctfassets.net/8pr762qjocl3/50mXJU8LRAwEtgb020fdxV/aa252cb659f456135c810400991c952f/mid_article_greystar_haiku_claremont_south_yarra.jpg\"\u003e\u003c/picture\u003e\u003cdiv\u003e\u003cspan style=\"opacity: 0.8;\" data-mce-style=\"opacity: 0.8;\"\u003e▲ Greystar has opened its second build-to-rent property in Australia one of two towers on its site at South Yarra.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eThe project has 235 fully furnished apartments with onsite amenities including private lounges opening in August 2025.\u003c/p\u003e\u003cp\u003eGreystar’s first Australian asset the largest build-to-rent project in Australia with 900 apartments across three towers will be brought under the Haiku brand as well.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe developer has 935 apartments completed 1015 apartments under construction and another 609 apartments in the planning process in its build-to-rent and student accommodation portfolio in Australia.\u0026nbsp;\u003c/p\u003e\u003cp\u003eIt manages and operates $320 billion of real estate in almost 250 markets globally \",\"alt\":\"Multiplex has completed construction on Brookfield Asset Management and Citiplan's first Journal student accommodation project in the Melbourne CBD \",\"imageDesc\":\"Multiplex has completed construction on Brookfield Asset Management and Citiplan's first Journal student accommodation project in the Melbourne CBD Citiplan Melbourne CBD Student Digs CompletedThe first purpose-built student accommodation project by the Brookfield and Citiplan joint venture has completed in Melbourne’s CBD International contractor Multiplex has wound up construction on the 452-bed opposite the University of Melbourne’s Parkville campus Jackson Clement Burrows Architects designed the project of 365 single and multi-occupant rooms and two retail tenancies on the ground floor kitchen and dining area are on the basement level with communal terraces on the third and 15th floors the CBD and Melbourne Central are within walking distance of the building The PBSA asset will be managed by Journal Student Living owned by Brookfield Asset Management and Citiplan Brookfield Australia real estate co-head Ruban Kaneshamoorthy said demand for PBSA remained high “We see ongoing demand for these sorts of facilities which is driving the development of our PBSA portfolio,” Kaneshamoorthy said Construction took 19 months and finished nearly three months ahead of schedule with prefabricated solutions used The heritage property at 160-170 Bouverie Street was also incorporated into the final design Multiplex has previously taken on similar projects for La Trobe University and Monash University Haiku Claremont is Greystar’s second Australian property under the Haiku build-to-rent brand The project has 235 fully furnished apartments with onsite amenities including private lounges “Australian renters today expect more than just a place to live; they want to feel a sense of belonging and community within their building,” Greystar Australia managing director Matt Woodland said Claremont is one of two towers on the same site at 35 Claremont Street, South Yarra, with the next tower, The Yarra, opening in August 2025. Greystar’s first Australian asset, The Gladstone at South Melbourne, the largest build-to-rent project in Australia with 900 apartments across three towers, will be brought under the Haiku brand as well. The developer has 935 apartments completed, 1015 apartments under construction and another 609 apartments in the planning process in its build-to-rent and student accommodation portfolio in Australia. It manages and operates $320 billion of real estate in almost 250 markets globally, which includes more than a million units globally. Three’s a crowd as private equity giant Brookfield Capital Partners joins Bain Capital and CC Capital in the bidding war for ASX-listed Insignia Financial SS&C has grown its staffing levels by more than five times in less than three years as it readies to fight market leader MUFG for lucrative administration work. Brookfield-backed Panthera Finance has been acquired by privately owned credit agency Francom after it collapsed into administration this year following a dispute between the founders of the debt collection group Brookfield Special Investments appointed PwC in June the administrators have been in discussions with various parties about buying the company founded by twin brothers Jamie and Mathew Hough in 2004 Read MoreDebt collection Money & relationships Banking productsLatest In Financial servicesFetching latest articles North American investment management giant Brookfield is selling Brisbane’s Portside Wharf retail precinct for $59.4m with two neighbouring development sites still on the block The complex is being picked up by funds house Centennial It will give that fund manager exposure to one of Brisbane’s premier inner-city waterfront precincts reflecting the precinct’s broad customer demographics The asset comprises 68 retail tenancies over 13,731sq m and it has 398 car spaces The complex has an average weighted lease expiry of 6.2 years and the sale reflected a 7.1 per cent passing yield as it is 83 per cent occupied the centre will show a yield of 11.4 per cent Centennial has the opportunity to enhance value by creating a health and wellness hub unlocking value within the parking area or creating a new marina precinct The sale is being brokered by James Douglas Centennial has struck a large roster of retail property deals this year as it pushes further into the sector The company and retail joint venture partner Parkstone kicked off 2025 by snapping up their second shopping centre asset in the NSW regional centre of Orange in a $37.4m deal They bought The Village on Summer Street from hospitality identity Bill Gravanis and renowned architect Paul Saunders. They want to grow their retail exposure to more than $1bn during the current attractive point in the retail sector cycle The pair’s first retail joint venture was set up in early 2024, when they acquired Bundaberg’s 21,000sq m Hinkler Centre in central Queensland. The latest purchase is separate from that tie up. Centennial executive director Paul Ford said the property was an institutional-grade, retail precinct with absolute water frontage which lent itself to multiple value-add and growth opportunities, with minimal capital expenditure required. “This acquisition takes our retail exposure to circa $250m, which aligns well with our medium-term goal of $1bn. After extensive research, we decided to lean into the retail sector about 12 months ago as it was, and still is, offering far superior risk-adjusted returns, relative to other real estate sectors,” he said. Centennial managing director Adrian Taylor said Brookfield’s expansion and upgrade to the precinct in late 2024 meant the manager could focus on an active leasing campaign. The firm will launch a trust targeting annual average distributions of 9 per cent and an internal rate of return of 17 per cent over five years. realcommercial.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd By accessing or using our platform, you agree to our Terms of Use. They bought The Village on Summer Street from hospitality identity Bill Gravanis and renowned architect Paul Saunders. They want to grow their retail exposure to more than $1bn during the current attractive point in the retail sector cycle The pair’s first retail joint venture was set up in early 2024, when they acquired Bundaberg’s 21,000sq m Hinkler Centre in central Queensland. The deal makers at buyout firm Pacific Equity Partners and their counterparts at North American juggernaut Brookfield agree that electric vehicle charging infrastructure is the next big thing And they’re riding shotgun with the $3 billion smart-metres business Intellihub to play the thematic Street Talk can reveal EVSE, Australia’s second-largest residential and commercial EV charger installer that is majority owned by Intellihub has agreed terms to acquire French energy giant Engie’s EV fast-charging business in Australia and New Zealand The purchase cements EVSE’s position among the top three public EV charging providers in Australia and broad geographic and infrastructure asset diversification help render BIP relatively recession-resistant.FFO per unit could still see growth through 2025 even if the US dips into a technical recession with the company currently paying out a 5.55% dividend yield moisseyev/iStock Editorial via Getty Images Brookfield Infrastructure Partners (BIP) (BIPC) has five outstanding fixed-income securities that have all sold off moderately on the back of the spike in credit spreads seen in the aftermath of option or similar derivative position in any of the companies mentioned and no plans to initiate any such positions within the next 72 hours I am not receiving compensation for it (other than from Seeking Alpha) I have no business relationship with any company whose stock is mentioned in this article Seeking Alpha's Disclosure: Past performance is no guarantee of future results No recommendation or advice is being given as to whether any investment is suitable for a particular investor Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole Seeking Alpha is not a licensed securities dealer broker or US investment adviser or investment bank Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body insignia/M&A/private-equity/insignia-financial/ Insignia Financial has issued a statement to the ASX regarding a potential bid from a third US private equity player in Brookfield It was reported in The Australian newspaper that Brookfield was considering whether to join Bain Capital and CC Capital in making the bid for the company The title stated Brookfield is yet to decide if it will make an indicative offer It noted Brookfield already owns Australian non-bank lender La Trobe Financial so it has an interest in the Australian market April maintains consistent gains in adviser numbers Former Perth adviser permanently banned by ASIC Insignia made a statement to the ASX to confirm it has not received a bid “Insignia Financial confirms it has not received any proposal from Brookfield “Insignia Financial will inform the market if or when there are material matters to disclose in accordance with its continuous disclosure requirements.” Brookfield is a global alternative asset manager with over US$900 billion in assets under management the firm acquired the majority of Oaktree Capital which has also made its own entry into the Australian market with a $240 million investment in professional services firm AZ NGA In December, Insignia stated it had received a bid from Bain Capital for $4 per share to acquire the company. This was later rejected by the board who felt it did not represent fair value for shareholders At the start of January, it then received a second offer from CC Capital with a higher bid of $4.30 per share and is yet to finalise an answer on that bid. So we are now underwriting criminal scams?... Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s... Canadian property giant Brookfield is set to sell its half stake in a 28-storey office tower on Sydney’s George Street to listed Singaporean property investment manager United Overseas Land for between $460 million and $480 million The proposed sale of the stake in the A-grade building at 388 George Street – the home to Cartier’s Australian flagship store – comes after two years of significant upheaval in the office market Read MoreOffice Commercial real estate Latest In CommercialFetching latest articles Brookfield Asset Management (BAM 2.87%) has grown into one of the world's largest alternative asset managers It has over $1 trillion in assets under management (AUM) across renewable power and transition The company sees significant growth ahead over the next several years Here's a look at where it will be five years from now Investors have been steadily shifting more of their portfolios into alternative investments over the years. In 2002, the global alternative market was about $2 trillion, or about 5% of the $40 trillion in global investment AUM and there's an estimated $25 trillion in alternatives AUM which is 15% of the more than $150 trillion global investment market Forecasters see that number rising to $60 trillion by 2032 or about 20% of the anticipated $300 trillion global investment market by AUM Several factors are leading investors to allocate more of their portfolios to alternative investments Given the growth ahead for alternatives and its leadership in the space Brookfield Asset Management expects to double its AUM over the next five years to $2 trillion That positions the company to generate rapidly rising fee-based income as it deploys the capital it has raised from investors into fee-bearing assets about $539 billion of its AUM is fee-bearing capital that number should rise to over $1.1 trillion That has big implications for Brookfield's bottom line The company expects its fee-related earnings per share to grow at a 17% compound annual rate during that period Given its plan to return 95% of its profits to investors through dividends Brookfield's plan supports at least 15% yearly dividend growth during that period Brookfield Asset Management has built a $1 trillion business over the past quarter century, primarily relying on institutional investors and the public markets to grow its sources of capital The company sees more growth ahead from those capital sources over the next five years four new sources of capital represent tremendous growth potential for the company: The company has entered into several new strategic partnerships in recent years it recently bought a majority stake in Angel Oak a leading asset manager delivering innovative mortgage and consumer products The deal aligns with Brookfield's strategy of partnering with best-in-class credit managers It also completed a strategic partnership with Castlelake last year buying a 51% interest in the global alternative investment manager specializing in asset-based credit solutions Brookfield has also launched several investment products geared toward the private wealth market. It raised nearly $700 million for its private wealth infrastructure fund during the fourth quarter and deployed over $900 million from its credit private wealth fund in the period. Brookfield also manages a non-traded REIT These new initiatives will help drive additional AUM and earnings growth while further diversifying Brookfield's businesses They'll turn the company into an even bigger global powerhouse in the alternatives space in five years Brookfield Asset Management expects to double its AUM in five years by capitalizing on the growth of its existing and emerging capital sources That positions the company to deliver robust earnings and dividend growth in the coming years Add that to its already attractive payout level (3.3% recent yield) and Brookfield Asset Management could generate significant total returns for investors over the next five years Matt DiLallo has positions in Brookfield Asset Management. The Motley Fool has positions in and recommends Brookfield Asset Management. The Motley Fool has a disclosure policy The private equity sharks at Canadian global asset manager are never ones to let a good opportunity go to waste With the auction for Loscam’s up-for-grabs Asia-Pacific business appearing dead in the water Street Talk can reveal Brookfield’s deal-makers have sidled in with an offer for a minority stake Supermarket giant maintains its advantage over rival Woolworths, with group sales up 3.4 per cent in the third quarter to $10.4 billion. More news: Shares in Insignia Financial surged in morning trade on the ASX after the wealth manager confirmed it had received a takeover bid by global investment firm Brookfield Capital Partners matching last month's offers by US private equity firms CC Capital and Bain Capital Insignia shares were up 6.4% to $4.60 by 11:40am AEDT having more than doubled over the last 12 months The news: Global investment firm Brookfield Capital Partners has entered the race to acquire Australian wealth manager Insignia Financial matching existing takeover offers by US private equity firms CC Capital and Bain Capital The numbers: Brookfield has offered to acquire all of Insignia's shares for $4.60 per share, in line with improved bids tabled by CC Capital and Bain Capital last month valuing the company at nearly $3.1 billion The context: Insignia has offered to provide Brookfield with a limited period of due diligence Insignia previously granted due diligence to both of Brookfield's rival suitors Last month, Insignia confirmed that it had not received any proposal from Brookfield after a media report claimed the investment giant was actively considering tabling a bid The source: ASX announcement Welcome to IPE Real Assets. This site uses cookies. Read our policy By Florence Chong2024-12-06T09:07:00+00:00 Brookfield Asset Management has added a A$90m (€54.6m) Brisbane hotel to its Australian real estate portfolio Brookfield has acquired the 146-room Hotel X Brisbane Fortitude Valley marking its first luxury hotel investment in Brisbane’s Fortitude Valley Brookfield co-head of Australia Real Estate said: “Hospitality is a growing focus for us in Australia and across the Asia Pacific driven by growing international and domestic tourism numbers and reduced supply given increased borrowing and construction costs.” Kanesharmoorthy said Brookfield was actively looking at other hospitality opportunities around Australia as it seek to grow its hospitality platform Wayne Bunz, CBRE Hotels’ national director said: “The sale of Hotel X represents a landmark transaction in the Brisbane hotel market building upon on a string of high-profile hotel sales and reinforcing Brisbane City’s position as a hotspot for hotel investment.” To read the latest IPE Real Assets magazine click here Copyright © 1997–2025 IPE International Publishers Limited Site powered by Webvision Cloud A senior manager who Canadian property giant Brookfield featured in the media to boost its women-in-leadership credentials claims she was made redundant while on maternity leave and replaced by the man hired to act in her job Former senior development manager Kelly Dyball is suing Brookfield Properties a subsidiary of Brookfield Asset Management and three of its senior managers for allegedly dismissing her because she exercised her right to return to work on a part-time basis after having a child the country’s second-largest hospital operator has received emergency funding from private equity owner Brookfield and warned soaring wages mean it is on borrowed time unless it secures government help urgently or more money from insurers has contributed “tens of millions” to give Healthscope more time to renegotiate its $1.6 billion in debt with a consortium of increasingly nervous lenders sources close to the situation but not authorised to speak publicly said on Sunday Read MoreHealthcare Hospitals in crisis HealthscopeLatest In Health & wellnessFetching latest articles This summer, Brookfield Place is stepping up as the CBD’s ultimate sporting destination with the launch of Summer of Sports. Opening last week and running until Sunday 27 April, the precinct’s Main Square has been transformed into a dynamic hub of activity with a multi-use sports court that’s free for everyone to enjoy. Whether you’re a fan of fast-paced 3×3 basketball or the growing phenomenon of pickleball (something you’ll see we’re still getting the hang of below), this activation offers something for all skill levels. View this post on Instagram A post shared by Perth is OK! (@perthisok) The rapidly-growing sport of pickleball combines tennis making it not accessible but endlessly entertaining And the pop-up court is the perfect opportunity for beginners and seasoned players alike to pick up a paddle and get amongst it If you’re looking for something a little more serious on your lunch break though – 3×3 basketball is a great chance to blow off some steam with friends or your work team Court bookings are essential and operate on a first-come, first-served basis. Head to bfplperth.com to secure your spot today Brookfield Place is home to some of our fave bars and eateries Papi Katsu and the brand new Lupe Cerveceria you can seamlessly transition from game time to social time Don’t miss this chance to play, connect, and make the most of summer at Brookfield Place – we’ll see you on the court This article is sponsored by Brookfield Place and endorsed by us. Please see our Editorial Policy for more info. and marks a significant expansion of the Canadian multinational investment manager’s Australian logistics footprint.\u003c/p\u003e\u003cp\u003eThe Cardinia Logistics Estate is planned to encompass two sites at 60 and 130 Greenhills Road 56km south-east of Melbourne,\u003c/p\u003e\u003cp\u003eThe estate is planned to deliver more than 185,000sq m of logistics space in Melbourne’s south-east and will be the company’s first Victorian logistics estate.\u003c/p\u003e\u003cp\u003eThe timing aligns with significant market shifts Research by the Small Business Development Corporation (SBDC) shows rising demand for domestic supply chain resilience has spurred the need for warehousing near urban centres.\u003c/p\u003e\u003cp\u003eCompanies are increasingly targeting infill locations closer to consumers to support operational efficiency.\u003c/p\u003e\u003cp\u003eBrookfield Properties senior vice-president Will Green said Cardinia Logistics Estate was “a rare opportunity .. according to SBDC research and other industry analyses.\u003c/p\u003e\u003cp\u003eThe research shows businesses are increasingly looking for warehousing near urban centres to reduce transportation costs and offer faster delivery times This trend aligns with the growth of e-commerce and the prioritisation of domestic inventory storage.\u003c/p\u003e\u003cp\u003eCardinia Logistics Estate’s location includes a 630m frontage to Greenhills Road and access to the Princes Freeway via Koo Wee Rup and McGregor roads.\u003c/p\u003e\u003cp\u003eUpcoming infrastructure projects including Melbourne’s North-East Link and the Suburban Rail Loop will bolster that connectivity.\u003c/p\u003e\u003cp\u003eAccording to Small Business Connections research sustainability has become a critical factor in property development Seima and Euro Car Parts.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eBrookfield’s plans include solar PV arrays and native vegetation with drip irrigation systems.\u003c/p\u003e\u003cp\u003eTechnical specifications include 13.7m warehouse clearance heights and facilities accommodating up to 36m hardstands.\u003c/p\u003e\u003cp\u003eThe estate is part of Brookfield Asset Management’s global logistics portfolio which manages around $37 billion in assets across 553 warehouses internationally.\u003c/p\u003e\u003cp\u003eSince 2021 the company has strategically expanded its Australian real estate holdings in the logistics sector responding to e-commerce growth and increasing demand for last-mile facilities along the eastern seaboard.\u003c/p\u003e\u003cp\u003eThe first warehouses at Cardinia Logistics Estate are scheduled for occupation late next year with JLL and Colliers appointed to manage leasing.\u003c/p\u003e\u003cp\u003eIn September \u003ca href=\"https://www.theurbandeveloper.com/articles/brookfield-brisbane-portside-wharf-games-precinct-for-sale\" data-mce-href=\"https://www.theurbandeveloper.com/articles/brookfield-brisbane-portside-wharf-games-precinct-for-sale\"\u003eBrookfield listed the Portside Wharf retail precinct\u003c/a\u003e which includes 7401sq m of developable land on two sites featuring one with an approval for 23-storey The move has been made to meet rising demand from small and medium enterprises seeking domestic supply chain solutions and marks a significant expansion of the Canadian multinational investment manager’s Australian logistics footprint The Cardinia Logistics Estate is planned to encompass two sites at 60 and 130 Greenhills Road The estate is planned to deliver more than 185,000sq m of logistics space in Melbourne’s south-east and will be the company’s first Victorian logistics estate The timing aligns with significant market shifts Research by the Small Business Development Corporation (SBDC) shows rising demand for domestic supply chain resilience has spurred the need for warehousing near urban centres Companies are increasingly targeting infill locations closer to consumers to support operational efficiency Brookfield Properties senior vice-president within a prime institutional-grade logistics hub in one of Melbourne’s most sought-after industrial precincts” The shift towards localisation is influencing Australia’s industrial property and warehousing sectors according to SBDC research and other industry analyses The research shows businesses are increasingly looking for warehousing near urban centres to reduce transportation costs and offer faster delivery times This trend aligns with the growth of e-commerce and the prioritisation of domestic inventory storage Cardinia Logistics Estate’s location includes a 630m frontage to Greenhills Road and access to the Princes Freeway via Koo Wee Rup and McGregor roads Upcoming infrastructure projects including Melbourne’s North-East Link and the Suburban Rail Loop will bolster that connectivity According to Small Business Connections research with green-certified warehouses and energy-efficient designs gaining traction Brookfield’s plans include solar PV arrays and native vegetation with drip irrigation systems Technical specifications include 13.7m warehouse clearance heights and facilities accommodating up to 36m hardstands The estate is part of Brookfield Asset Management’s global logistics portfolio which manages around $37 billion in assets across 553 warehouses internationally responding to e-commerce growth and increasing demand for last-mile facilities along the eastern seaboard The first warehouses at Cardinia Logistics Estate are scheduled for occupation late next year with JLL and Colliers appointed to manage leasing In September, Brookfield listed the Portside Wharf retail precinct The ACCC will not oppose the acquisition of renewables company Neoen by a consortium led by Brookfield providing Neoen’s sells off its existing Victorian renewable electricity generation and storage assets as well as its development projects in the state Brookfield has a controlling interest in AusNet which owns and operates Victoria’s monopoly electricity transmission network and parts of the electricity distribution network AusNet also has two battery energy storage systems and a further two development projects in Victoria Related article: Brookfield makes $10B bid to acquire France’s Neoen The ACCC’s investigation focused on competition in the Victorian markets for the supply of renewable generation firming capacity and electricity storage services and Frequency Control Ancillary Services and/or Very Fast Frequency Control Ancillary Services would be able to operate the Victorian transmission network to favour its own generation and storage assets and/or hinder rival generators or storage assets The ACCC concluded that the acquisition of Neoen would increase Brookfield’s incentives to engage in such conduct “The ACCC has long-standing competition concerns with cross-ownership of monopoly energy network assets and energy generators due to the potential for the monopoly provider to discriminate against rivals and favour its own operations,” ACCC commissioner Dr Philip Williams said the acquisition would have increased Brookfield’s incentives to delay or increase the cost of connections works on rival projects or operate the AusNet transmission network to benefit Brookfield’s related assets,” Dr Williams said “While there are some regulatory protections to limit obvious and blatant conduct disadvantaging rivals there is still a clear potential for anti-competitive tactics.” the ACCC has accepted a court-enforceable undertaking from Brookfield to divest Neoen’s operating assets and development projects in Victoria,” Dr Williams said Related article: Neoen proposal reveals plans for Australia’s largest battery “The ACCC considers that this divestment will reduce Brookfield’s incentives to engage in such conduct as a result of the transaction.” Brookfield will now be required to divest Neon’s operational assets and six further development projects in Victoria The operational assets are the Victorian Big Battery Neoen has six development projects in Victoria that will also be divested—Navarre Green Power Hub Stage 1 and 2 Moorabool Battery Energy Storage System (also known as Victorian Big Battery Stage 2) Sign up to receive the latest Energy News emailed directly to your Inbox Click Here to Subscribe acquiring a tower in Fortitude Valley for around $90 million.\u003c/p\u003e\u003cp\u003eThe Canadian-based multinational is expected to close on the Hotel X deal this month with Pointcorp Development Group building upon a string of high-profile hotel sales and reinforcing [the] city’s position as a hotspot for hotel investment,” Bunz said.\u003c/p\u003e\u003cp\u003e“This transaction is not only a testament to the quality of the asset but also to the strength of Brisbane’s hospitality sector which is underpinned by rising tourism numbers and a strong economic trajectory.”\u003c/p\u003e\u003cdiv id=\"2eyfziS3ONZnMgYE0MB1Ay\"\u003e\u003cpicture\u003e\u003cimg src=\"//images.ctfassets.net/8pr762qjocl3/6J6V8aHjjkxj4HX33wW5wQ/a60653a8167ff59d7acd7ae36fc66ac3/composite_image_800x600__28_.jpg\" alt=\"Hotel X in fortitude valley brisbane is a white tower with a geometric facade this view shows the low rise buildings behind.\" data-mce-src=\"//images.ctfassets.net/8pr762qjocl3/6J6V8aHjjkxj4HX33wW5wQ/a60653a8167ff59d7acd7ae36fc66ac3/composite_image_800x600__28_.jpg\"\u003e\u003c/picture\u003e\u003cdiv\u003e\u003cspan style=\"opacity: 0.8;\" data-mce-style=\"opacity: 0.8;\"\u003e▲ Brookfield globally has a portfolio of about $31 billion in assets under management which will soon include this Hotel X in Brisbane.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eArk Capital Partners acted for Brookfield to facilitate the transaction which was expected to be the first of many such acquisitions for the Canadian group.\u003c/p\u003e\u003cp\u003eLaunched globally in 2021 Vignette Collection was IHG Hotels \u0026amp; Resorts first collection brand.\u003c/p\u003e\u003cp\u003eThe building includes a rooftop bar and pool a fitness centre and conferencing space on its site at 458 Brunswick Street the story bridge and city can be seen in the background.\",\"imageDesc\":\"Brookfield buys 458 Brunswick Street acquiring a tower in Fortitude Valley for around $90 million The Canadian-based multinational is expected to close on the Hotel X deal this month with Pointcorp Development Group who completed the 146-key Brisbane hotel in 2021 The River City is believed to be facing a 4000-room shortfall in the luxury segment within a decade based on the pipeline of already approved or under-construction properties in the sub-sector Brookfield co-head of Australia real estate Ruban Kaneshamoorthy said strong tailwinds for the sector ahead of the 2032 Olympics and with a lack of future supply had solidified the decision to buy “With the highest tourism expenditure nationally and its population forecast to grow 40 per cent during the next 25 years there is a long runway for growth,” Kaneshamoorthy said “Brisbane’s hotel market … is expected to drive significant revenue growth in the medium term.” Kaneshamoorthy said hospitality was a growing focus for them in the Asia Pacific driven by reduced supply given increased borrowing and construction costs CBRE Hotels national director Wayne Bunz said the sale had been brokered off-market with Hayley Manvell “The sale of Hotel X represented a landmark transaction in the Brisbane hotel market building upon a string of high-profile hotel sales and reinforcing [the] city’s position as a hotspot for hotel investment,” Bunz said “This transaction is not only a testament to the quality of the asset but also to the strength of Brisbane’s hospitality sector which is underpinned by rising tourism numbers and a strong economic trajectory.” Ark Capital Partners acted for Brookfield to facilitate the transaction which was expected to be the first of many such acquisitions for the Canadian group Vignette Collection was IHG Hotels & Resorts first collection brand The building includes a rooftop bar and pool Developers are eyeing predicted hotel undersupply in the River with several project moving ahead And construction boss Brett Walker is also planning a short-term accommodation development to be operated by Quest Apartment Hotels next to one of Brisbane’s oldest pubs. but found few takers given the technological complexities of any such deal.The business provides critical infrastructure to the UK economy processing billions of pounds of payments annually for small businesses as well as domestic and international corporate clients Barclays said.The deal will not have any material impact on the bank's financial guidance or targets it said.($1 = 0.7573 pounds)Reporting by Lawrence White; Editing by Jan Harvey and Ros Russell Our Standards: The Thomson Reuters Trust Principles., opens new tab , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved The news: Brookfield Asset Management raised US$29 billion ($46.41 billion) in the fourth quarter of 2024 with its credit business now the largest driver of growth The numbers: Its credit arm became its largest asset source with US$9.2 billion from Oaktree funds and US$6.6 billion from insurance clients It’s renewable division secured US$3.5 billion for its global transition fund and its flagship real estate fund raised about US$500 million Distributable earnings rose 11% to US$649 million Total fee-bearing capital reached US$539 billion Fourth-quarter fee-related earnings hit a record US$688 million The context: Brookfield has been expanding its credit operations consolidating them under a single platform that includes partnerships with Oaktree Capital Management The private credit focus is part of a broader trend among alternative asset managers which have made credit a central part of their businesses one of the world’s largest owners of renewable power is also looking for bargains in the solar and wind sector betting that investor concerns over Donald Trump’s anti-green policies are overdone “The [difference] between public market valuations and private market valuations in this space is very large right now [meaning] we expect there will be investment opportunities [among listed companies],” president Connor Teskey told the Financial Times in an interview “With the current position of the public markets we’re certainly monitoring a few things,” he added which earlier this month moved its headquarters from Toronto to New York to expand its shareholder base and seek inclusion in the S&P 500 The firm deployed US$16 billion in Q4 and US$48 billion across 2024 including acquiring Neoen and UK wind farms from Ørsted The sources: Brookfield release, Financial Times