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Access here alternative investment news about Brookfield And Landmark Infrastructure Form Core Infrastructure Partnership | News | Ipe Ra
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Brookfield And Landmark Infrastructure Form Core Infrastructure Partnership | News | Ipe Ra

by realassets.ipe.com posted 2months ago 34 views
Landmark has contributed a portfolio of assets for a 50% JV stake and $65.5m cash. : Brookfield Asset Management and Landmark Infrastructure Partners have joined forces to invest in core infrastructure assets. Landmark said as part of the partnership, it has contributed a portfolio of assets, including the associated debt, in exchange for around 50% interest in the joint venture and $65.5m in cash. Nasdaq-listed Landmark said it plans to use the proceeds from this transaction to reduce its leverage levels and reinvest in assets in its primary industries through its various acquisition and development activities.