Brookfield, CPP To Pay $5.2B To Take 108-Property Industrial Firm Private
Brookfield Asset Management and Canada Pension Plan Investment Board are teaming up for a $5.2B bet on the U.S. industrial market.
BAM, the New York-based investment management arm of Toronto-based Brookfield Corp., and CPPIB plan to buy LXP Industrial Trust in an all-cash deal that will take the South Florida-based REIT and its 108 properties off the public market.