The venture will target build-to-sell and buy-to-sell residential assets in the UAE, Saudi Arabia, and other regional markets
Brookfield Asset Management
Latest in Brookfield Asset Management
Brookfield
Saudi investments: PIF and Brookfield team up for $2bn spending boost
Saudi Arabia’s PIF and Brookfield Asset Management look ahead to $2bn investments in the Kingdom
Brookfield Asset Management
Brookfield arm to acquire India Unit of American Tower Corp for $2.5bn
Brookfield’s DIT reportedly outbid rival suitor I Squared Capital to secure the acquisition deal
Australia
Reliance, Brookfield join forces for renewable energy projects in Australia
Under the terms of the MoU, Brookfield will work with Reliance to explore avenues of direct capital investment and development of skills
binance
Saudi’s Prince Alwaleed to roll $1.9bn into “new” Twitter as Binance backs Elon Musk deal
Prince Alwaleed bin Talal and Binance join a number of individuals and firms – including Oracle founder Larry Ellison, the Qatar sovereign wealth fund, Sequoia, and Brookfield – who have backed Musk’s $44 billion takeover of Twitter
Brookfield Asset Management
Brookfield JV scores huge Dubai office deal as Talabat picks new regional HQ
Merex Investment Group signs lease deal with food delivery firm for its new regional HQ
Brookfield Asset Management
Brookfield said to be in talks for payments arm of the UAE’s largest bank
Sources say Canadian investor is the frontrunner to acquire Magnati unit
ADQ
Abu Dhabi’s ADQ, Mubadala said to be among bidders for stake in Alshaya’s Starbucks franchise
Sources say Brookfield Asset Management, CVC Capital Partners and Saudi’s PIF are also among interested parties
Apollo Global Management
Apollo, Brookfield said to be among bidders for Aramco pipeline stake
Aramco is seeking more than $15 billion for the gas pipeline stake in one of the largest divestments by the energy giant, sources
Brookfield Asset Management
Bankers return Downtown just in time for Brookfield Dubai Tower
Seven firms finalized contracts in the first quarter of this year, following agreements with 11 companies including UBS Group AG in the previous three months
Apollo Global Management
Apollo is said to lead buyout group for $10 billion Aramco Deal
The buyout firm’s consortium will include U.S. and Chinese investors and has been shortlisted to make a final offer
Abu Dhabi National Oil Company
Adnoc’s $20.7 billion infrastructure deal shows we are open and ready for business, CEO says
Sultan Al Jaber, CEO of Abu Dhabi National Oil Company, or ADNOC, discusses the firm’s $20.7 billion energy infrastructure deal with six partners including Brookfield Asset Management and Singapore’s sovereign wealth fund.
Blackstone Group
Blackstone raises more than $12bn for Saudi-backed infrastructure fund
Public Investment Fund of Saudi Arabia anchored the vehicle with a long-term commitment of as much as $20bn
Brookfield Asset Management
Mishal Kanoo: Dubai property downturn ‘coming to an end’
Real estate prices are stable and in some cases are rising, says chairman of Bahrain-based Kanoo Group