PHOTO: Bruce Flatt, CEO of Brookfield Asset Management, stands atop his $5 billion Manhattan West development.
Unless you’ve visited Lower Manhattan in the past few years and strolled through its namesake shopping center, there’s a decent chance you’ve never heard of Brookfield Asset Management.
Its low profile, however, hasn’t stopped the Canadian firm from amassing some 400 million square feet of commercial space or from outperforming other global real estate investment firms on nearly every financial metric that counts. Among publicly held real estate owners it has, for the past year, the largest assets ($196 billion), highest revenues ($47.6 billion), third highest profits ($2.3 billion) and third highest market cap ($38.9 billion).
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