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$18billion 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
- ~ 115,000 sqm total
Retail
- 7 retail assets
- ~ 290,000 sqm total
Logistics
- 6 logistics properties totaling over 370,000 sqm
- 5 logistic assets under construction totaling ~933,000 sqm
Multifamily
- 2 multifamily buildings with 340 rooms
- 1 multifamily building undergoing renovation to deliver 278 rooms
- 1 hotel with 210 rooms accommodating long and short stays, totaling ~42,000sqm
Self Storage
- 6 strata titled assets totaling ~29,000sqm under management
Renewable Power
Wind
- 24 operational projects with1,322MW
- 5 under construction projects with 381MW
Solar
- DG solar development platform, a joint venture with Global Logistic Properties, with:
- ~676MW of operational projects
- ~141MW under construction - 2 operational projects with 68MW in Gansu province
- 1 under construction with 200MW in Guangdong province
Private Equity
Infrastructure Services
- Westinghouse: operates to 2 nuclear power facilities
Industrials
- Clarios: operates 3 automotive battery manufacturing plants
Business Services
- Trimco: operates 2 trims and labels manufacturing and services sites
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 Partner, Private Equity
Alex Yang
Managing Partner, Private Equity
Alex Yang is a Managing Partner and head of Greater China and Southeast Asia for Brookfield’s Private Equity Group. He is also the manager in charge of Hong Kong office for BAM and leads Brookfield’s Infrastructure Group in Greater China. He is responsible for the origination, execution, and operation of investments in the region.
Prior to joining Brookfield in 2021, Mr. Yang held senior positions for a couple of global private equity groups based in Hong Kong and Beijing. Prior to Mr. Yang’s career in private equity, he held positions in New York in investment banking and practiced as a private equity attorney in Chicago in a global law firm.
Mr. Yang holds a Juris Doctor degree from University of Minnesota Law School, a Master of Business Administration degree from the University of Chicago Booth School of Business and a Bachelor of Law degree from Peking University in China.
Managing Partner, Renewable Power & Transition
Daniel Cheng
Managing Partner, Renewable Power & Transition
Daniel Cheng is a Managing Partner in Brookfield’s Renewable Power & Transition Group, in which he is responsible for building and managing the business across the Asia Pacific region. Mr. Cheng is also the country head for Brookfield in Greater China and helps to oversee the development and growth of Brookfield's broader franchise in the country. Previously, Mr. Cheng spent time in North America where he primarily focused on investment activities in the renewable power and transition space.
Prior to joining Brookfield in 2015, Mr. Cheng worked in the mergers and acquisitions investment banking division of BMO Capital Markets.
Mr. Cheng holds a Bachelor of Business Administration degree from Wilfrid Laurier University and Bachelor of Mathematics degree from the University of Waterloo. Mr. Cheng is a board member of the Canadian Chamber of Commerce in Shanghai.
Managing Director, Private Funds
Xiate Li
Managing Director, Private Funds
Xiate Li is a Managing Director and Head of Greater China for Brookfield’s Private Funds Group. In this role, Ms. Li is responsible for developing and maintaining the firm’s institutional client relationships in China.
Prior to joining Brookfield in 2020, Ms. Li was an investment director at a well-known large insurance asset management company in China. Before that, Ms. Li held several positions at China International Capital Corporation.
Ms. Li holds a Master’s degree from Imperial College London, with Distinction and a Bachelor of Finance degree from Fudan University.
Senior Vice President, Real Estate
Veronica Huang
Senior Vice President, Real Estate
Veronica Huang is a Senior Vice President at Brookfield Asset Management and leads Brookfield’s real estate investments in Greater China.
Prior to joining Brookfield in 2015, Ms. Huang was at Hony Capital, a leading Chinese private equity firm focusing on real estate and private equity investments. Prior to that, Ms. Huang worked on Citi’s investment banking team in Hong Kong and covered real estate and lodging sectors in Asia. Ms. Huang is experienced in all aspects of real estate investments and capital raising, having led numerous equity and debt transactions in both private and public markets.
Ms. Huang holds a Bachelor of Arts degree in Economics and Government from Harvard University.