Canadian alternative investment firm Brookfield Asset Management and its partner, state-owned Investment Corporation of Dubai, have sold part of their stake in Dubai’s largest office tower.
Brookfield and ICD, the private investment arm of the Government of Dubai, sold a 49% stake in ICD Brookfield Place, located in the heart of Dubai’s DIFC financial hub, to Chimera Investments-owned alternative investment manager Lunate and Saudi conglomerate Olayan Financing Company.
This is the…
