Invested in long-term value
We are one of the world’s largest alternative asset managers, focused on real estate, infrastructure, renewable power and private equity. In China we have US$8billion of assets under management.
About Brookfield in China
Established in 2014, Brookfield became a cornerstone investor in China Xintiandi, an owner of premier office and retail assets in Shanghai.
In 2017, we expanded our portfolio with the acquisition of Terraform Global and its wind and solar assets, totaling approximately 170 MW of generating capacity.
In 2018, we entered into a joint venture with Global Logistic Properties, to create a rooftop solar energy grid on 33 million sqm of logistics warehousing across the country’s east coast.
Most recently, we acquired GHC (now known as One East), a mixed use complex comprising three office towers and a retail mall in Shanghai. We also own and operate 4 logistics properties totaling 370,000 sqm.
Over the coming years, we expect to continue our prudent investment activity in China.
One East: Shanghai
Our Business in China
Real Estate
Office
- 3 office properties
- ~ 112,000 sqm total
Retail
- 3 retail assets
- ~ 102,900 sqm total
Logistics
- 4 logistics properties totalling over 370,000 sqm
Renewable Power
Wind
- 3 wind farms
- Over 348 MW of generating capacity
Solar
- Solar farm in Dunhuang
- 18 MW of generating capacity
- Joint venture with Global Logistic Properties (GLP) targeting delivery of up to 1 GW of rooftop solar power.
Private Equity
Infrastructure Services
- Westinghouse: operates to two nuclear power facilities
Industrials
- Clarios: operates three automotive battery manufacturing plants
Featured News
Brookfield Asset Management (NYSE: BAM) (TSX: BAM.A) today announced the appointment of Mark Carney as a Vice Chair and Head of ESG and Impact Fund Investing.
Learn MoreStuart Mercier discusses Brookfield’s presence in Shanghai and the One East development
Learn MoreLeadership
Managing Director, Real Estate | Country Head for China
Stuart Mercier
Managing Director, Real Estate | Country Head for China
Stuart Mercier is a Managing Director and Country Head for China, overseeing all of Brookfield’s operations and institutional relationships. Mr. Mercier also has direct responsibility for Brookfield’s Real Estate activities across Asia including business development, investment and portfolio management.
Mr. Mercier joined Brookfield in Hong Kong in 2012 before relocating to Shanghai to establish Brookfield’s mainland Chinese operations. Prior to joining Brookfield, Mr. Mercier held various investment roles within a boutique Asian real estate investment and advisory firm. He also held various positions at Oxford Properties, the global real estate platform of the OMERS pension fund.
Mr. Mercier received a BA from Bishop’s University and an MBA in Finance from the University of Hong Kong and London Business School, where he was the recipient of the Haitong Securities “New Generation of Leaders” scholarship. Mr. Mercier serves on the board of the Canada China Business Council and is a Global Governing Trustee of the Urban Land Institute.
Managing Director, Private Equity
Alex Yang
Managing Director, Private Equity
Alex Yang is a Managing Director and Head of Greater China for Brookfield’s Private Equity Group and Infrastructure Group. He is responsible for the origination, execution and operation of investments in the Greater China area.
Prior to joining Brookfield in 2021, Mr. Yang was a Senior Managing Director at Blackstone Private Equity Group based in Hong Kong, a principal at TPG Capital based in Beijing, an associate at Morgan Stanley Investment Banking Division based in New York and an attorney at Kirkland & Ellis LLP based in Chicago. He previously served on the boards of Global Sources, Shya Hsin Packaging, Essel Propack and HCP Packaging.
Mr. Yang holds a Juris Doctor from University of Minnesota Law School, an MBA from University of Chicago Booth School of Business and a Bachelor of Law from Peking University in China.
Managing Director, Renewable Power
Daniel Cheng
Managing Director, Renewable Power
Daniel Cheng is a Managing Director in Brookfield’s Renewable Group and is responsible for building and managing its renewable power business in China.
Mr. Cheng joined the Renewable Group in 2015 in Toronto and was involved in investment and divestiture activities primarily in North America before relocating to Shanghai, China in 2018 to take on his current role. Prior to Brookfield, Mr. Cheng worked in the M&A investment banking division of BMO Capital Markets in Toronto.
Daniel holds a double Bachelor of Business Administration with High Distinction from Wilfrid Laurier University and Bachelor of Mathematics with Distinction - Dean's Honours List from the University of Waterloo.