With over $32 billion of assets under management, Brookfield’s European and Middle Eastern operations are comprised of five operating divisions, including real estate management and development, infrastructure, construction, private equity and advisory services.
In 2003, Brookfield acquired a significant stake in the Canary Wharf Estate in London. Subsequent investments followed, primarily in the commercial office property sector.
In 2007, we expanded our European and Middle Eastern operations significantly with the acquisition of Brookfield Multiplex, a development, construction, asset management and facilities management company.
In 2009, Brookfield acquired Babcock and Brown Infrastructure (BBI), a major Australia-based infrastructure company with several key assets in Europe:
- PD Ports, the third-largest UK port operations by volume
- Euroports, owner of a portfolio of seven port concessions in Europe
- IEG, second-largest independent natural gas and electricity provider in UK
Today Brookfield Europe has $32 billion of assets under management, offices and operations in 17 cities and 18,000 employees with a strategic focus on further expansion organically and through acquisitions.