Brookfield and CPP Investments complete $5.2B acquisition of LXP Industrial Trust.

Brookfield Asset Management and Canada Pension Plan Investment Board have finalized their $5.2 billion all-cash acquisition of LXP Industrial Trust. LXP, now private, owns 107 industrial properties totaling 52 million square feet in key U.S. markets, offering strong occupancy and long-term leases. The acquisition strengthens Brookfield's global logistics platform and aligns with both firms' confidence in the U.S. industrial sector's growth potential and demand for modern logistics facilities.

As of Nov 02, 2026 18:11 WIB, Brookfield Asset Management Inc Class A Limited Voting Shares (BAM) trade at USD 48.45 on Pluang, showing a modest 0.39% increase for the day. The company holds a substantial market capitalization of $77.04 billion and an enterprise value of $80.80 billion, reflecting its significant presence in the financial sector. Notably, BAM offers a dividend yield of 4.16%, highlighting its appeal to income-focused investors.