Brookfield Asset Management Is Clearly The Richest Real Estate Company In The World

Real estate is seemingly one of the profitable businesses in the world. Numerous real estate organizations around the globe have made colossal profits out of this business similarly as putting resources into them.

Shelter is a need in the lives of people, subsequently investing into such business pays off. One of such organizations is Brookfield Asset Management Inc..

The company is an alternative asset management company focusing on real estate, renewable power, infrastructure and private equity. Headquarters located in Toronto, it also has corporate offices in New York City, London, Rio de Janeiro and Sydney.

As an alternative asset manager with over $515 billion in resources under management and a 120-year legacy as owners and administrators, Brookfield Asset Management are invested into long-life, top notch resources and organizations in excess of 30 countries around the globe.

The outfit has been strong in the activities by improving communities across numerous real estate sectors. They own and operate a crucial portfolio of iconic properties situated on the world’s most unique markets. Brookfield Asset Management Inc. procure great resources on a value premise and drive investment execution through dynamic operational enhancements.

The organization don’t just deal with real estate, yet are invested into systems that shape the foundation of the worldwide economy, conveying basic merchandise and ventures to communities globally.

What makes B.A.M one of a kind is their investment capacities. As one of the world’s biggest financial investors in sustainable power, their multi-technology, global platform is centered around seeking after circumstances where capital is scant with their in-house working mastery driving value.

Global Challenges: Joint Statement By IMF And The World Bank

The team of Brookfield Asset Management Inc. are also centered around obtaining and operating high class businesses with obstructions to passage and low creation costs. Also, they band together with the organizations they acquire, helping them understand operational and different upgrades.

With immeasurable credentials as an asset management firm with numerous auxiliaries, it clearly outlines why it is the richest real estate company in the world. As at 2018, the organization’s income was 56 billion USD.

Below is a short outline of the company’s Financial Report:

Brookfield Asset Management (2019) Net Income and FFO Plus a Three-for-Two Stock Split

Revenues – $17,819 $56,771

Direct costs – (13,848) (45,519)

Other Income and gains – 313 1,166

Equity accounted income – 737 1,088

Profit Declaration and Reports First Quarter 2020 Results

Unaudited For the periods ended March 31 (US$ millions, with the exception of per share amounts) Three Months Ended

Revenues – $16,586 $15,208

Direct costs – (12,709) (11,585)

Other income and gains – 241 32

Equity accounted (loss) income – (212)