Peakstone soars after Brookfield announces $1.2 billion buyout
ReutersFeb 2, 2026 2:39 PM
Shares of industrial real estate investment trust Peakstone Realty Trust PKST.N up 33% at $20.8 in morning trading
Brookfield Asset Management BAM.N says it will buy PKST for enterprise value of about $1.2 billion
BAM to acquire all of outstanding shares of PKST for $21 per share in cash
PKST gained 29.6% in past year, while BAM fell 3.3%
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