Brookfield Asset Management Ltd. is aiming to raise $15 billion for its fifth flagship real estate fund, $2 billion less than its predecessor, according to Bloomberg News. Commercial property markets are currently facing higher borrowing costs; however, BAM President Connor Teskey told shareholders last month that the firm sees attractive value entry points and investors have expressed “lots of interest” in this potential opportunity. 95% of Brookfield’s office portfolio consists of trophy or Class A office space which has been outperforming the broader market significantly as noted by CEO Bruce Flatt in a letter to shareholders.
Pandora Jewelry and Woori Bank Sign 74K SF of Long-Term Office Leases at 1540 Broadway
GFP Real Estate and BDT & MSD Partners have secured more than 74,000 square feet of new long-term office leases
Steve Griffin
March 6, 2026
