Brookfield Weighs $2.5 Billion Sale of Atlantis in Bahamas (1)

Brookfield Asset Management Ltd. is exploring the sale of Atlantis Paradise Island Bahamas, and could fetch roughly $2.5 billion for the luxury resort, according to people with knowledge of the matter.

The firm is working with an adviser to solicit potential interest in the sprawling property, which includes multiple hotels, a casino, meeting space and a water park, said the people, who asked not to be identified discussing confidential talks.

A Brookfield spokeswoman declined to comment.

An aerial view of the Dolphin Cay attraction at Atlantis Paradise Island in the Bahamas.

Source: Tribune News Service

Brookfield, which manages around $850 billion of assets, has owned Atlantis since a 2012 debt restructuring. The resort, developed by the late ...