Deals
Brookfield Makes $1.5 Billion Bid for Belgian Office REIT
Residential and commercial buildings in the Northern Quarter business district of Brussels.
Photographer: Jasper Juinen/BloombergThis article is for subscribers only.
A fund managed by Brookfield Asset Management Inc. has offered 47.50 euros a share to buy Belgian real estate investment trust Befimmo SA.
The offer, which is backed by the company’s management and board of directors, values the company at about 1.3 billion euros ($1.5 billion).