Resources

As of April 30, 2025

Communications

The Manager Minute

Q1 2025 Podcast

Dana Petitto, Chief Operating Officer and Portfolio Manager, is joined by Devin Barnwell, Managing Partner and Co-Head of Brookfield's real estate global logistics business, for a discussion about recent performance of the REIT as well as Brookfield's logistics real estate business, and a recent acquisition by the REIT. 

IMPORTANT INFORMATION  

This sales and advertising literature does not constitute tax advice. Because each investor’s tax position is different, you should consult with your tax advisor. Other investments may offer tax advantages. An accelerated depreciation schedule does not guarantee a profitable return on investment. A portion of REIT distributions may be tax deferred given the ability to characterize ordinary income as Return of Capital (“ROC”). ROC distributions reduce the stockholder’s tax basis in the year the dividend is received, and generally defer taxes on that portion until the stockholder’s stock is sold via redemption. Certain non-cash deductions, such as depreciation and amortization, lower the taxable income for REIT distributions. Investors should be aware that a REIT’s ROC percentage may vary significantly in a given year and, as a result, the impact of the tax law and any related advantages may vary significantly from year to year. Brookfield REIT’s return of capital was 100% in 2019, 2020, 2021, 2022 and 2023. This assumes the maximum effective tax rate on distributions is 0% and assumes the maximum ordinary tax bracket of 37%. Please note the effective tax rate is after the 20% reduction in rates introduced under the Tax Cuts and Jobs Act of 2017. The Tax Cuts and Jobs Act of 2017 is not applicable to capital gain dividends or certain qualified dividend income. It is only available for qualified REITs. The tax benefit is set to expire in 2026. There may be adverse legislative or regulatory tax changes. Brookfield REIT cannot guarantee that it will make distributions, and if it does it may fund such distributions from sources other than cash flow from operations, including, without limitation, the sale of assets, borrowings, return of capital or offering proceeds, and advances, and it has no limits on the amounts it may pay from such sources. Distributions may also be funded in significant part, directly or indirectly, from the deferral of certain investment advisory fees, that may be subject to repayment to Brookfield REIT Adviser LLC (the “Adviser”) and/or the reimbursement of certain operating expenses, that may be subject to repayment to its Adviser and its affiliates. For the portion of the Adviser’s management fee that is paid in stock, Brookfield REIT's cash position would not be reduced by that amount at that time but will be reduced in a future period, when the Adviser requests the repurchase of its stock for cash and such request is granted. For organizational and offering expenses paid by the Adviser on behalf of the Issuer prior to July 6, 2023, the Issuer reimburses the Adviser ratably over 60 months and this practice may have a smoothing effect on the Issuer’s cash position and/or distribution payment amounts. Distributions are not guaranteed and may be sourced from non-income items. The illustrative example assumes $100,000 investment and a maximum ordinary tax bracket of 37%. It does not include state taxes. Investors could be subject to state income tax in their state of residence which would lower the after tax distribution received by the investor. The illustrative example does not reflect the impact of increasing net operating income (“NOI”); an increasing NOI from higher rents would reduce the amount of ROC. Past performance is not indicative of future results. Tax-Equivalent Distribution Rate does not take into account other taxes that may be owed on an investment in Brookfield REIT when the investor redeems their shares. Upon redemption, the investor may be subject to higher capital gains taxes as a result of a depreciating cost basis due to the return of capital portion of distributions. 

Brookfield REIT Class S and Class D shares monthly net distributions were $0.0523 and $0.0574, and monthly net distribution rates were 5.9% and 6.4%, respectively. 

All investment information can be provided to the investor upon request. The case study discussions are provided for informational purposes only and are intended to illustrate the investment process. Does not constitute a recommendation nor investment advice and should not be used as the basis for any investment decision. This is not a representation that an investment in the securities described were or will be profitable. 

All investing involves risk. The value of an investment will fluctuate over time, and an investor may gain or lose money, or the entire investment. Past performance is no guarantee of future results. 

The information contained herein is for educational and informational purposes only and does not constitute, and should not be construed as, an offer to sell, or a solicitation of an offer to buy, any securities or related financial instruments. This commentary discusses broad market, industry or sector trends, or other general economic or market conditions, and it is being provided on a confidential basis. 

Views and opinions expressed are subject to change. This presentation is being made available for educational and informational purposes only and do not constitute, and should not be construed as, an offer to sell, or a solicitation of an offer to buy, any securities or related financial instruments in any jurisdiction. Further this communication does not constitute and should not be construed as are commendation or testimonial for any securities, related financial instruments, products or services of Brookfield Corporation (“Brookfield”) and certain of its affiliates. 

The case study discussions are provided for informational purposes only and are intended to illustrate the investment process. Does not constitute a recommendation nor investment advice and should not be used as the basis for any investment decision. This is not a representation that an investment in the securities described were or will be profitable. 

This sales and advertising literature is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus. This literature must be read in conjunction with the prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. For more information on fees and expenses, and the risks of the offering, please see the prospectus. A copy of the prospectus must be made available to you in connection with any offering.  

Regulatory Filings

Description Filing Date Filed
Prospectus 424B3 05/15/2025 View on sec.gov
Quarterly Reports 10-Q 05/13/2025 View on sec.gov
Current Reports 8-K 04/29/2025 View on sec.gov
Current Reports 8-K 04/23/2025 View on sec.gov
Prospectus 424B3 04/21/2025 View on sec.gov
Prospectus 424B3 04/16/2025 View on sec.gov
Post-Effective Amendment POS AM 04/11/2025 View on sec.gov
Definitive Proxy Statement DEF 14A 04/04/2025 View on sec.gov
Form 4 4 04/03/2025 View on sec.gov
Form 4 4 04/03/2025 View on sec.gov