REITs
Brookfield’s $1.2 Billion Acquisition of Peakstone Realty Trust: A Catalyst for the CRE M&A Revival
In a move that has sent ripples through the commercial real estate (CRE) sector, global investment giant Brookfield Asset Management (NYSE: BAM)—and its parent Brookfield Corporation (NYSE: BN)—announced a definitive agreement to acquire Peakstone Realty Trust (NYSE: PKST) for approximately $1.2 billion. The deal, priced at $21.