Brookfield Asset Management Inc. (TSX:BAM.A) acquired Serviced Apartment Project in Shanghai Yangpu District from KWG Group Holdings Limited (SEHK:1813) and KWG Group Holdings Limited (SEHK:1813) for CNY 1.26 billion on September 18, 2022. JLL had brokered the sale on behalf of Guangzhou R&F and KWG. Once the transaction is complete, the property will be renamed Shanghai Wujiaochang Blinq Executive Apartment (Blinq Wujiaochang).

Brookfield Asset Management Inc. (TSX:BAM.A) completed the acquisition of Serviced Apartment Project in Shanghai Yangpu District from KWG Group Holdings Limited (SEHK:1813) and KWG Group Holdings Limited (SEHK:1813) on September 18, 2022.