Brookfield completed the acquisition of office portfolio from WashREIT for $766m.

Brookfield completed the acquisition of office portfolio from WashREIT, a real estate investment trust, for $766m. “The successful sale of our office portfolio represents a significant milestone in our multi-year strategic transformation into a multifamily REIT. We are pleased with the execution of this sale, which provides significant capital to continue our growth as we geographically diversify into targeted Southeastern markets," Paul T. McDermott, WashREIT President and CEO.