Brookfield amasses $9b for new real estate fund, 30% higher than initial target

Brookfield amasses $9b for new real estate fund, 30% higher than initial target

Brookfield Asset Management Inc. raised $9 billion for its latest real estate fund, exceeding its $7 billion target and doubling its previous fund, as Asian investors and U.S. pension funds piled in to its fundraising efforts.

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