Deals
Brookfield Weighs Purchase of Germany’s Alstria Office
- Alstria says Brookfield might explore potential takeover offer
- Office owner in big German cities is valued at $3.9 billion
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Brookfield Asset Management Inc. is exploring a takeover of listed German real estate firm Alstria Office REIT-AG, according to people familiar with the matter, as it bets on workers returning to city centers.
The Canadian investment firm is working with advisers to evaluate a potential bid, said the people, who asked not to be identified because discussions are private. Alstria Office is valued at about 3.3 billion euros ($3.9 billion) and Brookfield already holds 8.35% of the company.