Brookfield Corp. Amends Stake Filing for Real Estate Income Trust
Ticker: BKFPF · Form: SC 13D/A · Filed: Nov 12, 2024 · CIK: 1001085
| Field | Detail |
|---|---|
| Company | Brookfield CORP /On/ (BKFPF) |
| Form Type | SC 13D/A |
| Filed Date | Nov 12, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, ownership-change, real-estate-reit
TL;DR
Brookfield Corp. updated its 13D filing for Brookfield Real Estate Income Trust Inc. - watch for ownership changes.
AI Summary
Brookfield Corp. filed an amendment to its SC 13D on November 12, 2024, related to its holdings in Brookfield Real Estate Income Trust Inc. The filing indicates a change in beneficial ownership, with Brookfield Corp. now listed as the filer. The specific details of the change in ownership percentage or the exact number of shares are not explicitly stated in this excerpt, but it pertains to a significant stake in the real estate investment trust.
Why It Matters
This filing signals a potential shift in control or influence over Brookfield Real Estate Income Trust Inc. by Brookfield Corp., which could impact the REIT's strategic direction and investor relations.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate strategic moves by major shareholders, potentially leading to volatility or shifts in company strategy.
Key Players & Entities
- Brookfield Corp. /ON/ (company) — Filer of the SC 13D/A amendment
- Brookfield Real Estate Income Trust Inc. (company) — Subject company of the filing
- Oaktree Real Estate Income Trust, Inc. (company) — Former name of the subject company
FAQ
What is the specific change in beneficial ownership being reported by Brookfield Corp.?
The provided excerpt does not specify the exact percentage or number of shares that constitute the change in beneficial ownership, only that an amendment to the SC 13D filing has been made.
When was the former company name of Brookfield Real Estate Income Trust Inc. changed?
The date of the name change from Oaktree Real Estate Income Trust, Inc. to Brookfield Real Estate Income Trust Inc. was July 28, 2017.
What is the primary business of Brookfield Real Estate Income Trust Inc. according to the filing?
Brookfield Real Estate Income Trust Inc. is classified under 'REAL ESTATE INVESTMENT TRUSTS' with SIC code 6798.
What is the business address of Brookfield Real Estate Income Trust Inc.?
The business address is 250 Vesey Street, 15th Floor, New York, NY 10281.
Which SEC Act is this filing made under?
This filing is made under the Securities Exchange Act of 1934.
Filing Stats: 4,745 words · 19 min read · ~16 pages · Grade level 7.5 · Accepted 2024-11-12 16:13:51
Key Financial Figures
- $0.01 — suer) Class I common stock, par value $0.01 per share, Class S common stock, par va
Filing Documents
- d819195dsc13da.htm (SC 13D/A) — 352KB
- d819195dex9911.htm (EX-99.11) — 32KB
- 0001193125-24-255966.txt ( ) — 387KB
of this Schedule 13D is hereby amended to add the following
Item 4 of this Schedule 13D is hereby amended to add the following: Repurchase and Distribution Agreement On November 8, 2024, the Issuer entered into that certain Repurchase and Distribution Agreement (the Repurchase and Distribution Agreement) by and among the Issuer, BU