LPNEWS
Industry sources say fund manager is meeting with prospective investors. : Brookfield Asset Management has begun to sound out Australian institutional investors about a debut multi-billion-dollar core office fund. Industry sources say it will be seeded with AUD1.4bn (€897m) of assets currently held on Brookfield’s balance sheet. The market has known of plans to launch the open-ended trust for at least a year, but Brookfield has only begun handing out documentation and hosting investor meetings in recent weeks.