TSX:BAMCapital Markets
Brookfield Expands Logistics Income Platform With Concert Industrial Joint Venture
Brookfield Asset Management (TSX:BAM) has formed a Canadian industrial real estate joint venture with Concert Properties.
The partnership covers eight income producing industrial assets in major urban logistics markets across Canada.
The move increases Brookfield’s exposure to logistics and distribution properties as demand for warehouse space evolves.
For investors watching TSX:BAM, this joint venture adds fresh context to a stock that closed at CA$62.85 and is down 14.4% year to date and...