Brookfield Asset Management Inc. has become the only bidder for a landmark property in Tokyo owned by China Investment Corp., according to people familiar with the matter.
The investment firm has been in talks with CIC on a potential purchase of Meguro Gajoen, an office and banquet hall complex in Meguro, said the people, who asked not to be identified as the information is private. A deal could value the property at about 180 billion yen ($1.2 billion), the people said.
