Brookfield Acquires Controlling Stake in Dubai GII’s Logistics Real Estate Platform

Canadian investment giant Brookfield Asset Management has announced plans to expand into the logistics real estate sector.

Brookfield will look to leverage its extensive expertise and capital to scale up GII’s existing portfolio of assets.

With over $5 billion already invested in the Middle East market, Brookfield is no stranger to the region.

It owns and operates several major commercial properties in key markets like Dubai, including the iconic ICD Brookfield Place business hub.

The acquisition comes at an opportune time as Dubai has aggressively pushed its ambitions to become the preeminent logistics and trade center in the Middle East and North Africa region.

Dubai is now the busiest port in the MENA region with a massive capacity to handle millions of shipping containers annually.