Subject: Real Estate Private Credit
Below is an interesting article. I won't paraphrase, it's self-explanatory.

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Brian Kingston, chief executive of Toronto-based manager Brookfield’s real estate business, has a bold prediction for the firm’s real estate private credit business. He believes real estate private credit could become the biggest part of Brookfield’s global property business.

Real estate private credit currently has approximately $30 billion of assets compared with the firm’s overall $270 billion real estate platform. But, by Kingston’s reckoning, it could become the biggest part in the future.

“When I look forward over 25 years, this business is going to be enormous compared to what it is today – potentially dwarfing our equity business,” Kingston tells PERE Credit.

https://www.brookfield.com/sit...