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Brookfield Sees Future With Smaller Real Estate Holdings

CEO Bruce Flatt Insists Property Division’s Shares Are Too Cheap
Brookfield Asset Management plans to take its real estate arm private. (Ashley Hardman/CoStar)
Brookfield Asset Management plans to take its real estate arm private. (Ashley Hardman/CoStar)
CoStar News
February 12, 2021 | 12:39 AM

The chief executive of Brookfield Asset Management, Bruce Flatt, said the reason behind his company's bid to take its property arm private is pretty simple. He thinks Brookfield Property Partners' shares are too cheap.

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