Brookfield Asset Management C$335 million acquisition of The Sheraton Centre Toronto Hotel

3/11/2017
Real estate acquisition

C$ 335 million

Announced

3/11/2017


Overview:

  • Brookfield Asset Management has acquired The Sheraton Centre Toronto Hotel for C$335 million from Marriott International.
  • Marriott will continue operating the hotel. 
  • The four-star hotel is located in the financial area of Toronto.
  • This is the biggest single hotel acquisition deal in Canada to date.

Katrin Kostadinova - Data analyst 

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