Deals
Brookfield to Weigh $5 Billion Sale of Capital Automotive
- Real estate giant interviewing advisers ahead of possible sale
- Brookfield bought Capital Automotive for $4.3 billion in 2014
Photographer: Daniel Acker/Bloomberg
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Brookfield Property Partners LP is weighing a sale of auto dealership landlord Capital Automotive, which could fetch about $5 billion including debt, according to people with knowledge of the matter.
The real estate giant is interviewing advisers ahead of a potential sale, said the people, who asked not to be identified because the matter is private.