Brookfield Seeks $380 Million Industrial Portfolio in Singapore
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Brookfield Asset Management is seeking to buy a Singapore industrial portfolio from a real estate investment trust backed by state investor Temasek Holdings Pte, according to people familiar with the matter.
The Canadian asset manager is considering the assets owned by Mapletree Industrial Trust, which are valued at about S$500 million ($384 million), the people said, asking not to be identified because the discussions are private.