Brookfield Asset Management is taking a bold step in the thick of the Covid-19 crisis. The Canadian real estate giant is looking to invest $5 billion in retail companies hit hard by the pandemic, the Wall Street Journal reported on Wednesday. Brookfield is expected to focus on stores that had revenues of at least $250 million prior to March, and the company may look to raise additional capital to bolster the investments. Thuy Nguyen, Moody’s
source https://therealdeal.com/2020/05/08/behind-brookfields-critical-covid-moment/
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