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Singapore Billionaire Sues Brookfield Over Allegedly Aborted Real-Estate Joint Venture

3-line summary

  • Singapore billionaire Lim Chap Huat, executive chairman of real-estate firm Soilbuild Group Holdings, sued Brookfield alleging the company aborted a planned real-estate joint venture, according to a WSJ report.
  • Lim alleges Brookfield usurped a property deal that the New York-based asset manager had originally pitched as a collaboration with Soilbuild, according to the report.

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