BAM - Mergers and acquisitions

Vancouver, BC, June 03, 2026 (GLOBE NEWSWIRE) -- Concert Properties Ltd., through Concert Income Properties ("Concert"), today announced the formation of a joint venture with a Brookfield affiliate for an eight-property Canadian industrial portfolio totaling approximately 5.3 million square feet. The transaction values the portfolio at approximately C$1 billion.  The portfolio comprises a mix of single-tenant and multi-tenant industrial properties across Canada's largest urban logistics markets, including Vancouver, Toronto, Calgary, and Ottawa. Fully leased to a diverse roster of credit tenants, the assets benefit from strong connectivity to critical highway, airport, and rail infrastruc

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM) through one of its private equity funds, together with its listed affiliate Brookfield Business Partners (NYSE:BBU, BBUC, TSX:BBU, BBUC)), today announced that it has completed the acquisition of Chemelex ("the business") from nVent Electric Plc for a purchase price of $1.7 billion. Chemelex is a global leader in the design and manufacturing of electric heat trace systems, the specialized wiring systems that regulate the temperature of pipes in industrial plants and commercial buildings. With high barriers to entry and strong brand recognition as the inventor of electric heat tracing in 1972, the b

Two leading renewable energy players partner on operational U.K. offshore wind farms. Brookfield to acquire a 12.45% stake in 3.5 GW offshore wind portfolio under long-term contracts LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ørsted (CPH: ORSTED) has signed a partnership agreement with Brookfield (NYSE:BAM, TSX:BAM), its institutional partners and its listed affiliate Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC)), who will acquire 12.45% minority stakes in four of Ørsted's operational U.K. offshore wind farms: Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension, which have a combined total capacity of approximately 3.5 GW. The enterprise value of the transaction is $2

CHICAGO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- GCM Grosvenor (NASDAQ:GCMG), a leading global alternative asset management firm, today announced that its Infrastructure Advantage Strategy has acquired a 25% equity interest in Shepherds Flat (the "Transaction"), the largest repowered wind farm in North America, from Brookfield Asset Management (NYSE:BAM, TSX:BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("Brookfield"). Shepherds Flat, located in north central Oregon, is a fully contracted 338-turbine wind farm with a nameplate capacity of 845 MW. The wind farm produces in excess of 2,000 GWh of electricity annually, w

Brookfield Asset Management acquires 51% interest in Castlelake and Brookfield Wealth Solutions commits to invest in the firm's funds and strategies, total capital amounting to $1.5B NEW YORK and MINNEAPOLIS, Sept. 17, 2024 /PRNewswire/ -- Brookfield Asset Management (NYSE:BAM, TSX:BAM) ("Brookfield") and Castlelake L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based private credit including aviation and specialty finance, today announced the closing of a $1.5 billion strategic partnership in which Brookfield has acquired a 51% stake in Castlelake's fee-related earnings and Brookfield Wealth Solutions has committed to invest into Castlelake's investment s

NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR TO ANY US PERSON, OR TO ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL. Brookfield has entered into exclusive negotiations with Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusiai and Xavier Barbaro, and other shareholdersii to acquire approximately 53.32% of the outstanding shares of Neoen at a price of 39.85 euros per shareiii. The acquisition price represents a 26.9% premium over the last closing price and premia of 40.3% and 43.5% over the 3- and 6-months volume-weighted average price respec

Fundamental Income, a Phoenix- based net lease real estate platform, announces its acquisition of Tao Chicago – a 34,000 square foot restaurant and nightclub leased to the Tao Group in River North. Originally built in 1892 and redeveloped in 2018 by Sterling Bay, 632 N. Dearborn is a multi-story, historical landmark featuring a 275-seat dining area, separate nightclub, private dining rooms, five custom-designed bars, two DJ booths and a 16-foot Quan-Yin statue standing within a koi pond. Fundamental Income acquired the property subject to a long-term lease to Tao Group. "While our focus remains middle-market sale leasebacks and the acquisition and development of company-owned, mission-crit

BROOKFIELD, NEWS, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE:BAM, TSX:BAM) ("Brookfield") and Oaktree Capital Management, L.P. ("Oaktree") today announced the completion of the previously announced transition of the advisory role of Oaktree Real Estate Income Trust, Inc. ("Oaktree REIT") to Brookfield and have renamed the non-traded REIT "Brookfield Real Estate Income Trust Inc." ("Brookfield REIT" or "the REIT"). Brookfield REIT will be distributed by Brookfield Oaktree Wealth Solutions, a wealth management platform established to offer institutional-caliber alternative investment products to qualified individual investors globally. Through Brookfield REIT i

Fundamental Income, a Phoenix- based net lease real estate platform, announces its acquisition of RH Chicago, The Gallery at the Historic Three Arts Club for $44.7 million. The 70,000 square foot historic building formerly known as The Three Arts Club was originally constructed in 1914. The building includes six levels of home furnishings, a rooftop park and conservatory, The 3 Arts Club Café and The 3 Arts Club Wine Vault. The property was acquired subject to an in-place, long-term lease to RH (NYSE:RH). "We jumped at the opportunity to acquire a one-of-a-kind historic asset occupied by an innovative organization that is changing the retail customer experience" said Alexi Panagiotakopoulo