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Real estate fundraising boosts Brookfield Asset Management’s first-quarter results

New US$6 billion in capital sets up firm to take advantage of attractive property prices
Among Brookfield Asset Management's notable achievements in the first quarter was the sale of the PGA National Resort in Palm Beach Gardens, Florida. (Salamander Hotels & Resorts)
Among Brookfield Asset Management's notable achievements in the first quarter was the sale of the PGA National Resort in Palm Beach Gardens, Florida. (Salamander Hotels & Resorts)

Brookfield Asset Management, one of the world's largest real estate owners, posted its strongest quarterly results since going public more than two years ago, with a notable boost from real estate fundraising.

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