Portfolio

As of April 30, 2024

Brookfield REIT applies a flexible approach to identify quality assets across properties and real estate-related debt regardless of sector or location.

Portfolio Highlights

Total Asset Value1
$2.1 Billion
Net Asset Value
$1.0 Billion
Investments2
22
Leverage Ratio3
48.7%
Number of Properties
20
Occupancy
97%
Inception Date
December 2019

Portfolio Snapshot4

Asset Allocation
77% Property Investments
23% Real Estate Debt Investments
Property Type
65% Rental Housing
24% Net Lease
6% Logistics
5% Office
Geography
35% East
31% South
19% West
5% Midwest
10% Non-US

1Total asset value is measured as the gross asset value of real estate equity investments (based on fair value), excluding any third party interests in such real estate investments, plus the equity in Brookfield REIT real estate-related debt investments measured at fair value (defined as the gross asset value of Brookfield REIT real estate-related debt investments less the debt on such real estate-related debt investments) plus cash and cash equivalents but excluding any other assets. The total asset value would be higher if such amounts were included.

2Excludes short-term real estate-related debt securities.

3The leverage ratio is calculated by dividing (i) the consolidated property-level and entity-level debt, excluding any third-party interests in such debt, net of cash, loan-related restricted cash, and trading securities by (ii) the gross asset value of real estate equity investments (calculated using the greater of fair value and cost of gross real estate assets), excluding any third-party interests in such investments, plus our equity in real estate-related debt investments. There is no indebtedness on our real estate-related debt investments. The leverage ratio would be higher if our pro rata share of debt within our unconsolidated investment was taken into account.

4Asset allocation is measured based on the net asset value of Brookfield REIT’s investments, which is calculated as the sum of (a) the gross asset value of property investments (based on fair value) less the fair value of debt liabilities adjusted for investment-level working capital, excluding any third-party interest in such real estate investments, plus (b) the fair value of real estate-related debt investments and investments in short-term treasuries. There is no indebtedness on our real estate-related debt investments. Property type and geography weightings are measured as the gross asset value of real estate equity investments for each sector category and for each geographical category against the total gross asset value of all real estate equity investments.