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brookfield asset management

brookfield asset management

Brookfield Asset Management to Acquire Four Hotels From Hotel Leelaventure for $576 Million

March 18, 2019

March 19-- Mar. 19--MUMBAI -- Canada's Brookfield Asset Management has agreed to acquire four hotels and a land parcel from India's Hotel Leelaventure Ltd for INR3,950 crore, in what would be the largest-ever hotel deal by value in India. The deal culminates more than a year of talks between Brookfield and various stakeholders of debt-laden Hotel Leelaventure, which has been in the middle of financial restructuring. The board of Hotel Leelaventure approved on Monday the sale and transfer of four of its hotel properties to an affiliate of BSREP III, Brookfield's latest real estate fund. The luxury hotel chain owns five hotels...

Brookfield Asset Management Names Audrey Oswell President and Managing Director of Atlantis, Paradise Island

Atlantis Paradise Island, The Bahamas | September 26, 2017

PARADISE ISLAND, BAHAMAS, SEPTEMBER 26, 2017 – Today, Atlantis, Paradise Island resort in The Bahamas announced the immediate appointment of Audrey Oswell as President and Managing Director. Oswell has held the role of Chief Operating Officer at the resort since the end of 2016 and had previously held the role of Chief Gaming Officer at Atlantis from 2011 to 2013. With this appointment, Oswell becomes the first female President of Atlantis, Paradise Island. According to Andrea Balkan, Managing Partner of Brookfield Asset Management, owners of the resort, "we are extremely pleased that Audrey will elevate her leadership role at the...

Howard Karawan Appointed President and Managing Director of Atlantis, Paradise Island Resort in The Bahamas

Atlantis, Paradise Island resort, The Bahamas | August 30, 2016

PARADISE ISLAND, THE BAHAMAS (August 30, 2016) – Brookfield Asset Management is pleased to announce the appointment of Howard C. Karawan as President and Managing Director of Atlantis, Paradise Island resort in The Bahamas. Karawan will succeed Paul Burke, who recently resigned from the position to pursue new career endeavors in the United States. Karawan will assume his new position on September 19, 2016. A luxury hospitality and gaming veteran with over 30 years of experience, Karawan will make his return to Atlantis after previously holding the position of President and Chief Marketing Officer for Kerzner International, the pri...

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