Brookfield adviser redeems 332,530 REIT shares
The shares were issued as compensation for the adviser's monthly management services.
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Rhea-AI Filing Summary
BROOKFIELD Corp /ON/ reported disposition transactions in this Form 4 filing. Brookfield Corp (BN) reported that its subsidiary, Brookfield REIT Adviser LLC, redeemed 332,530 Class I common shares of Brookfield Real Estate Income Trust Inc. on September 30, 2026, at a reported $10.5566 per share. The trust had issued the shares as payment of the adviser’s monthly management fee under the advisory agreement. The adviser held 240,110 shares indirectly after the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class I Common Stock F1, F2 | 332,529.824 | $10.5566 | $3.51M |
Footnotes (2)
- F1. Reflects shares redeemed by Brookfield REIT Adviser LLC (the "Adviser"), a subsidiary of Brookfield Corporation, that were issued by the Issuer as payment of the monthly management fee as compensation for the services the Adviser provides to the Issuer, pursuant to, and subject to the terms and conditions of, the advisory agreement among the Adviser, Brookfield REIT Operating Partnership L.P. and the Issuer.
- F2. This filing shall not be deemed an admission that for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, that the Reporting Persons are the beneficial owners of any equity securities in excess of their respective pecuniary interests, and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
Key Figures
Key Terms
monthly management fee financial
advisory agreement financial
pecuniary interests regulatory
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