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Brookfield Properties acquired General Growth Properties, one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018. [ 4 ] [ 5 ] As of 2024, Brookfield Properties operates corporate offices in nine countries around the world, including China, [ 6 ] India, Germany and the US.
In 2016, an investment fund sponsored by Brookfield Corporation acquired a portfolio of 13 student housing properties totaling 5,700 beds primarily in four university markets in the UK for a total purchase price of approximately £400 million. [60] It acquired 3 additional properties in February 2022 for £94 million. [61]
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In 2017, Brookfield Residential Properties constructed a passive house in an effort to educate its trade suppliers on construction methods to meet Passive House Institute standards. [ 12 ] In February 2018, it acquired some of the assets of San Diego–based real estate company OliverMcMillan , a developer of large-scale mixed use properties ...
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Brookfield Corporation then spun-off 25% interest in their asset management business into the new publicly listed Brookfield Asset Management Ltd. [39] [40] In 2024, Brookfield Asset Management entered into an agreement with Microsoft to develop around 10.5 gigawatts of new renewable energy capacity to build new wind and solar farms. [41]