Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
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Key Regional Investment Drivers<br />
Market conditions provide attractive growth and consolidation opportunities<br />
North America<br />
• Supply and demand fundamentals remain sound in core office markets<br />
• Office leasing activity was strong through July; however lack of confidence in the U.S. and<br />
austerity measures have weakened demand since<br />
• Distressed assets requiring recapitalization and upcoming debt maturities through 2017<br />
provide opportunity<br />
Europe<br />
• Sovereign debt issues putting pressure on macro conditions and capital markets<br />
• Forced bank divestitures: €375bn in total assets in UK, Spain, Germany and Ireland<br />
• Largest debt funding gap globally<br />
• New regulations will impact lending and direct holdings<br />
• Amendments to German Investment Act (min. hold periods, redemption limitations, valuation<br />
regulations) will limit attractiveness of open-ended ended funds, reducing liquidity in prime investment<br />
markets<br />
57<br />
| <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.
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