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Brookfield to Buy Forest City Realty Trust in $11.4 Billion Deal

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(Pictured) Forest City Realty's The Yards, 5.5 million square feet of retail, office and residential property across 25 buildings on 48 acres of Washington, D.C. waterfront. A real estate fund of Toronto-based Brookfield Asset Management Inc. agreed to acquire developer Forest City Realty Trust in an $11.4 billion deal to gain a portfolio of multifamily, office and retail properties across the United States. Brookfield, an asset manager, said...

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