Brookfield and Lunate to form a joint venture in a $1bn deal.

Brookfield, an alternative asset management company, and Lunate, an Abu Dhabi-based global alternative investment manager, agreed to form a joint venture in a $1bn deal. “Our partnership with Brookfield is a strong demonstration of our ability to provide our clients access to compelling investment opportunities by joining forces with experienced investment managers. Brookfield brings unparallelled real estate and investment expertise, with a proven track record of delivering marquee developments, both regionally and globally. The Middle East’s residential real estate sector presents a highly attractive investment opportunity, driven by the region’s strong economic outlook and growing status as a hub for global wealth and talent,” Khalifa Al Suwaidi, Lunate Managing Partner.