Brookfield Asset Management agreed to acquire Peakstone Realty Trust for $1.2 billion, taking the company private. Their affiliate TerraForm Power also cut a deal to buy the 1.56 GW Steward Creek Solar project. These moves expand their footprint in industrial real estate and renewables, aiming to compete more directly with Blackstone and KKR. The stock has dropped 5.5% in the last month to around CA$69. Analysts are keeping an eye on integration risks and dividend coverage as they absorb these assets.