Brookfield Launches $5 Billion Retail Revitalization Program

Brookfield Asset Management has launched what it is calling a retail revitalization program that will recapitalize retail businesses in the major markets where Brookfield has a presence. Brookfield says it is targeting $5 billion to seed this program. The program will be funded by Brookfield and its institutional partners and will make non-control investments in retail businesses that need capital. Read more at Globe St.