Brookfield Commits to Growing Investment in France
Brookfield Asset Management, managing over $1 trillion in assets, has opened a new office hub in Paris to strengthen its French market presence. The company, which has been investing in France since 2015, employs over 7,000 people through its operations spanning digital infrastructure, renewable energy, and real estate sectors.
A significant development includes Brookfield's planned acquisition of a 53% stake in Neoen, a Paris-based renewable energy leader, with a total equity value of €6.1 billion. The transaction's first stage is expected to close this year, followed by a tender offer for remaining shares in early 2025.
Brookfield's French portfolio includes investments in Data4 (data centers), HomesServe (residential decarbonization), Castignac (logistics), UXCO Group (student housing), Experimental Group (hospitality), and TDF (communication towers). The company manages approximately €180 billion of assets across Europe.
Brookfield Asset Management, che gestisce oltre 1 trilione di dollari in attività, ha aperto un nuovo hub uffici a Parigi per rafforzare la sua presenza nel mercato francese. L'azienda, che investe in Francia dal 2015, impiega oltre 7.000 persone tramite le sue operazioni che spaziano nell'infrastruttura digitale, nelle energie rinnovabili e nel settore immobiliare.
Un importante sviluppo include l'acquisizione pianificata da parte di Brookfield di una partecipazione del 53% in Neoen, leader nell'energia rinnovabile con sede a Parigi, con un valore totale di equity di 6,1 miliardi di euro. La prima fase della transazione dovrebbe chiudersi quest'anno, seguita da un'offerta pubblica per le azioni rimanenti all'inizio del 2025.
Il portafoglio francese di Brookfield include investimenti in Data4 (centri dati), HomesServe (decarbonizzazione residenziale), Castignac (logistica), UXCO Group (alloggi per studenti), Experimental Group (ospitalità) e TDF (torri di comunicazione). L'azienda gestisce circa 180 miliardi di euro di attivi in tutta Europa.
Brookfield Asset Management, que gestiona más de 1 billón de dólares en activos, ha abierto un nuevo centro de oficinas en París para fortalecer su presencia en el mercado francés. La empresa, que ha estado invirtiendo en Francia desde 2015, emplea a más de 7,000 personas a través de sus operaciones en infraestructura digital, energía renovable y sector inmobiliario.
Un desarrollo significativo incluye la adquisición planeada de una participación del 53% en Neoen, un líder en energía renovable con sede en París, con un valor total de capital de 6.1 mil millones de euros. Se espera que la primera etapa de la transacción se cierre este año, seguida de una oferta pública por las acciones restantes a principios de 2025.
El portafolio francés de Brookfield incluye inversiones en Data4 (centros de datos), HomesServe (descarbonización residencial), Castignac (logística), UXCO Group (viviendas para estudiantes), Experimental Group (hospitalidad) y TDF (torres de comunicación). La empresa gestiona aproximadamente 180 mil millones de euros en activos en toda Europa.
브룩필드 자산운용은 1조 달러가 넘는 자산을 관리하며, 프랑스 시장에서의 입지를 강화하기 위해 파리에 새로운 오피스 허브를 열었습니다. 2015년부터 프랑스에 투자해온 이 회사는 디지털 인프라, 재생 에너지, 부동산 분야에서 7,000명 이상의 직원을 고용하고 있습니다.
주요 발전 사항으로는 브룩필드가 네오엔의 53% 지분을 인수할 계획이 있으며, 이는 프랑스에 본사를 둔 재생 에너지 선두주자로 총 자본가치는 61억 유로에 달합니다. 거래의 첫 번째 단계는 올해 완료될 예정이며, 2025년 초 나머지 주식에 대한 공개 제안이 이어질 예정입니다.
브룩필드의 프랑스 포트폴리오에는 Data4 (데이터 센터), HomesServe (주거용 탈탄소화), Castignac (물류), UXCO Group (학생 주택), Experimental Group (환대) 및 TDF (통신 타워) 등 투자처가 포함되어 있습니다. 이 회사는 유럽 전역에서 약 1,800억 유로의 자산을 관리하고 있습니다.
Brookfield Asset Management, qui gère plus de 1 trillion de dollars d'actifs, a ouvert un nouveau hub de bureaux à Paris pour renforcer sa présence sur le marché français. L'entreprise, qui investit en France depuis 2015, emploie plus de 7 000 personnes à travers ses opérations en infrastructure numérique, énergies renouvelables et secteur immobilier.
Un développement significatif comprend l'acquisition prévue par Brookfield d'un participation de 53 % dans Neoen, un leader de l'énergie renouvelable basé à Paris, avec une valeur totale des capitaux propres de 6,1 milliards d'euros. La première phase de la transaction devrait se clôturer cette année, suivie d'une offre publique pour les actions restantes début 2025.
Le portefeuille français de Brookfield comprend des investissements dans Data4 (centres de données), HomesServe (décarbonisation résidentielle), Castignac (logistique), UXCO Group (logements étudiants), Experimental Group (hospitalité) et TDF (tours de communication). L'entreprise gère environ 180 milliards d'euros d'actifs à travers l'Europe.
Brookfield Asset Management, das über 1 Billion US-Dollar an Vermögenswerten verwaltet, hat ein neues Bürozentrale in Paris eröffnet, um seine Präsenz auf dem französischen Markt zu stärken. Das Unternehmen investiert seit 2015 in Frankreich und beschäftigt über 7.000 Mitarbeiter in den Bereichen digitale Infrastruktur, erneuerbare Energien und Immobilien.
Eine wichtige Entwicklung ist die geplante Übernahme eines 53%-Anteils an Neoen, einem führenden Unternehmen für erneuerbare Energien mit Sitz in Paris, dessen Gesamtwert 6,1 Milliarden Euro beträgt. Die erste Phase der Transaktion wird voraussichtlich in diesem Jahr abgeschlossen, gefolgt von einem öffentlichen Angebot für die verbleibenden Aktien Anfang 2025.
Das französische Portfolio von Brookfield umfasst Investitionen in Data4 (Rechenzentren), HomesServe (wohnungswirtschaftliche Dekarbonisierung), Castignac (Logistik), UXCO Group (Studentenwohnungen), Experimental Group (Gastgewerbe) und TDF (Kommunikationstürme). Das Unternehmen verwaltet in ganz Europa Vermögenswerte im Wert von etwa 180 Milliarden Euro.
- Acquisition of 53% stake in Neoen, valued at €6.1 billion total equity value
- Manages €180 billion of assets across Europe
- Employs over 7,000 people in French operations
- Diversified portfolio across multiple strategic sectors
- None.
Insights
The expansion in France represents a strategic move that strengthens Brookfield's European footprint, particularly in key growth sectors. The pending
The French market offers compelling opportunities due to its stable regulatory environment and need for infrastructure modernization. With
The strategic focus on critical infrastructure sectors in France is particularly noteworthy. The portfolio composition - including Data4's hyperscale data centers, TDF's 7,000+ communication towers and Neoen's renewable energy assets - targets essential services with stable, long-term cash flows. The diversification across digital infrastructure, renewables and real estate provides multiple growth vectors while maintaining exposure to regulated or contracted revenue streams.
The vertical integration strategy, exemplified by Castignac in logistics and UXCO in student housing, enables better operational control and value creation opportunities. This approach, combined with the local office expansion, should enhance deal sourcing and asset management capabilities in the French market.
New office hub opened in Paris
Renewable energy, digital infrastructure and real estate in focus
Neoen transaction nears completion of its first stage
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”), a leading global alternative asset manager with over
Brookfield has been actively investing in France since 2015 and employs over 7,000 people through its operations. Its portfolio extends across AI and other digital infrastructure, renewable energy, residential decarbonization, student and young professional living, hospitality, and logistics.
Sikander Rashid, Head of Europe, Brookfield, said, “At Brookfield we see significant long-term potential to invest in sectors critical to the French economy, including renewables, cellular towers, data centers and real estate. By deepening our presence here, we are demonstrating the high conviction we hold in the long-term opportunity ahead for Brookfield in France.”
Vincent Kerboull, Managing Director and Head of Real Estate Investing in Benelux and France, Brookfield said “As one of the major global economies, France is home to leading global businesses. We are excited to expand our local partnerships, and to bring our global expertise and the Brookfield ecosystem to provide new solutions for critical sectors in France to grow.”
Over the last five years, Brookfield has accelerated its investment in France across several major transactions and acquisitions. Earlier this year, Brookfield announced its intention to acquire a
Today, Brookfield’s portfolio in France includes: Data4, a leading European hyperscale data center operator; the French operations of residential decarbonization business HomesServe; Castignac, a vertically integrated logistics manager; UXCO Group, a developer and manager of residential properties for students and young professionals; a partnership with Experimental Group, the boutique hospitality business; and TDF, an independent French tower operator with over 7,000 communication towers.
Brookfield has been investing in Europe since 2003, and today manages approximately
About Brookfield Asset Management
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with over
For more information, please visit our website at www.bam.brookfield.com or contact:
Media:
Simon Maine
Brookfield Asset Management
Tel: +44 739 890 9278
Email: simon.maine@brookfield.com
Notice to Readers
In addition to historical fact, this news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, and, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations (collectively, “forward-looking statements”). Forward-looking statements include statements that are predictive in nature, depend upon or refer to future results, events or conditions, and reflect management’s current estimates, beliefs and assumptions, which are in turn based on the perception of historical trends, current conditions and expected future developments regarding Brookfield, as well as other factors management believes are appropriate in the circumstances. Forward-looking statements include words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “strive”, “will”, “may” and “should” and similar expressions. In particular, the forward-looking statements contained in this news release include statements referring to the expected closing of the Neoen transaction and the potential of the French economy.
Although Brookfield believes that such forward-looking statements are based upon reasonable estimates, beliefs and assumptions, certain factors, risks and uncertainties, which are described from time to time in our documents filed with the securities regulators in Canada and the United States, or that are not presently known to Brookfield or that Brookfield currently believes are not material, could cause actual results or events to differ materially from those expressed or implied by forward-looking statements.
Readers are cautioned not to place undue reliance on forward-looking statements that are included in this news release, which are made as of the date of this news release. Except as required by law, Brookfield undertakes no obligation to publicly update or revise any forward-looking statements, whether written or oral, that may be as a result of new information, future events or otherwise.
FAQ
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