Brookfield Asset Management Expands Its Operations In Germany With A New Frankfurt Office
Portfolio Pulse from Benzinga Newsdesk
Brookfield Asset Management has expanded its presence in Germany by opening a new office in Frankfurt. Over the past two years, Brookfield has invested more than €10 billion of equity in Germany, including a partnership with Deutsche Telekom on the €10.7 billion GD Towers transaction, the acquisition of Sunovis, a German solar developer, and an investment in alstria REIT.
November 13, 2023 | 10:06 am
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Brookfield Asset Management's expansion in Germany with a new Frankfurt office and significant investments in the region could signal a strategic growth focus, potentially impacting investor sentiment positively.
The establishment of a new office in Frankfurt by Brookfield Asset Management (BAM) and its substantial investments in Germany highlight the company's commitment to expanding its operations in Europe. This strategic move could be viewed positively by investors as it may lead to increased business opportunities and revenue growth in the European market. The recent investments and partnerships, such as with Deutsche Telekom, also suggest a strong foothold in the region which could lead to future growth.
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