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Posted on: June 7, 2018, 1:01 p.m.
Brookfield Asset Management Inc. is weighing a sale of its North American industrial-property business IDI Logistics, according to people with knowledge of the matter. The Canadian investment firm has interviewed banks to advise it on a sale of the company, which could fetch $5 billion, according to the people, who asked not to be named because the matter is private. The business is owned by Brookfield’s real estate arm, Brookfield Property Partners LP. Full investment news articleRelevent to this post: DCT Industrial Trust Blackstone Group,