Brookfield Asset Management Brookfield has acquired a 50% shareholding of Journal Student Living Journal, a Melbourne-based student accommodation manager, according to an August 5 media release. Brookfield purchased their stake from Citiplan, an Australian integrated property platform, who will retain the remaining 50% interest the amount is undisclosed.
Brookfield is a global alternative asset manager, overseeing over $925 billion of assets across sectors such as renewable power, infrastructure, private equity, real estate and credit. Brookfield also has a $7.4 billion global student accommodation business, holding over 200 assets and making up more than 60,000 beds across Europe and the US.
Brookfield operates under Brookfield Corporation,...
