Brookfield has established a significant presence in real estate and infrastructure in Europe.
In 2003, Brookfield acquired a significant stake in the Canary Wharf Estate in London. Subsequent investments followed, primarily in the commercial office property sector.
In 2007, Brookfield expanded European operations significantly with the acquisition of Multiplex, a development, construction, asset management and facilities management company.
In 2009, Brookfield acquired Babcock and Brown Infrastructure (BBI), a major Australia-based infrastructure player with several key assets in Europe:
- PD Ports, the third-largest UK port operations by volume
- Euroports, owner of a portfolio of seven port concessions in Europe
- IEG, second-largest independent natural gas and electricity provider in UK
Today Brookfield Europe has £3.2bn assets under management, offices and operations in 17 cities and circa 3,000 employees with a strategic focus on further expansion organically and through acquisitions.