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Asset manager moves into APAC headquarters

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3 minute read

Brookfield Asset Management has relocated to its new Asia-Pacific centre in Sydney.

The asset manager’s new office located in Sydney’s CBD, together with Brookfield Properties, occupies three floors and reached completion in late April. 

Brookfield had spent the last nine years acquiring, developing and constructing the site formerly known as Wynyard Place (it is now called Brookfield Place Sydney). 

The firm’s involvement with the precinct commenced in 2012 after it acquired the site through its strategic take-private of the listed Thakral Holdings Group.

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The asset manager has a reported US$75 billion of assets under management across the APAC region, with more than 260 investment professionals and more than 35,000 operating employees, all gained since Brookfield first started investing in the region in 2007. 

Brookfield managing partner and regional head of Asia Pacific, Stewart Upson, said the company has transitioned over to the new location after its growth during the last 14 years.

“Our new headquarters will accommodate our growing business and give us the flexibility to expand in the future,” Mr Upson said. 

The company has five other sister assets, also named Brookfield Place, across New York, Toronto, Calgary, Dubai and Perth. 

Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].