$BAM

A fund managed by InfraRed Capital Partners Limited agreed to acquire C3 Limited from Brookfield Asset Management Ltd. for approximately NZD 300 million on October 7, 2026. Brookfield Asset Management Ltd. is a publicly traded company with the ticker symbol BAM.

Brookfield acquired a 10.5 million sq ft logistics portfolio from ESR India for Rs.4,300 crore, entering India's industrial and logistics real estate sector. The 98% leased portfolio spans six metro clusters and includes Grade A parks. Brookfield plans to develop the assets further, with ESR managing them. Brookfield aims to expand its real estate footprint in India's growing logistics market.

Brookfield Asset Management Ltd. has committed $444 million to acquire and develop ESR India’s warehousing portfolio, including eight industrial parks across major Indian cities. The portfolio is 98% leased to logistics and industrial tenants. ESR India will continue managing the portfolio. The deal reflects growing demand for warehousing space in India, with industrial leasing up 12% in the first half of 2026, according to Colliers.

Brookfield has entered the UK affordable housing market by acquiring WH Housing, renamed URSA Affordable Housing. The company plans to invest in the sector and has partnered with Sigma Capital Group for operations. Brookfield appointed Gordon More, Alexandra Notay, and Karen McElhatton to its board to support its strategy.

Brookfield Asset Management is facing a lawsuit from Soilbuild Group, which alleges Brookfield breached a joint venture agreement and misused confidential information to acquire three Singapore properties from Mapletree Industrial Trust for S$535.3 million. Brookfield denies these claims, stating it acted independently and no binding agreement was made.

Bank of America reduced its price target for Brookfield Asset Management to C$85.00 from C$87.00, maintaining a Neutral rating. The company reported record Q2 fundraising and 20% YoY growth in fee-related earnings, but analysts are monitoring future fee growth and capital deployment.

Fitch Ratings affirmed Brookfield Asset Management's Long-Term Issuer Default Rating at 'A' with a Stable Outlook. Key factors include strong FEBITDA growth, solid liquidity, and appropriate leverage. Challenges include macroeconomic headwinds and sector-specific risks. BAM's Short-Term IDR and unsecured debt rating were also affirmed at 'F1' and 'A', respectively.

Brookfield Asset Management (BAM) was upgraded to a Zacks Rank #2 (Buy) due to upward earnings estimate revisions. The Zacks rating system tracks consensus EPS estimates, which are strongly correlated with near-term stock price movements. The upgrade reflects a positive earnings outlook for Brookfield, potentially impacting its stock price favorably.

Wells Fargo initiated coverage of Brookfield Asset Management (BAM) with an Overweight rating and a $41 price target, citing resilient earnings and lower volatility. BAM offers a 4.41% dividend yield, a 1.08 payout ratio, and a 78% dividend growth over three years. The stock is undervalued according to GuruFocus, with a GF Value of $79.63 compared to its current price of $44.56. BAM has a market cap of $73 billion and manages over $1 trillion in assets.

CIBC's chief market technician Sid Mokhtari released his top 10 stock picks for October, including Gibson Energy (GEI-T), Suncor (SU-T), Nutrien (NTR-T), Constellation Software (CSU-T), Shopify (SHOP-T), Finning International (FTT-T), Bank of Nova Scotia (BNS-T), and Northland Power (NPI-T). His portfolio has outperformed the S&P/TSX Composite Index over the past four years, with a 9.29% YTD return. The TSX declined 2.85% in September, with tech as the only positive sector.