Strong Financial Performance
Distributable earnings before realizations were $1.3 billion for the quarter, or $0.56 per share, and $5.4 billion over the last 12 months, representing an 18% increase over the prior year period.
Record Deployable Capital
Brookfield Corporation reported record deployable capital of $178 billion at the end of the quarter, positioning the business to invest in powerful secular trends.
Strategic Transactions and Partnerships
Significant strategic transactions include acquiring the remaining 26% of Oaktree and new partnerships such as a reinsurance agreement with a leading Japanese insurance company and projects with Westinghouse and Bloom Energy.
Real Estate and Infrastructure Growth
Strong leasing activity with 3 million square feet of office leases signed, rents on newly signed leases averaging 15% above those expiring, and over $80 billion of nuclear reactors developed with the U.S. government.