The Globe and Mail reports in its Thursday, Aug. 10, edition that not since the Great Recession, Brookfield Asset Management says, have there been such attractive real estate investment opportunities. The Globe's Jameson Berkow writes that persistently high interest rates coupled with the rise of remote working means "the best real estate opportunities since 2009 are coming," Brookfield said Wednesday in a letter to shareholders published alongside its second quarter results. The company, which owns a one-quarter interest in the asset-management business that is 75 per cent owned by Brookfield Corp., is hoping to capitalize on plunging commercial real estate valuations. Other institutional investors are remaining on the sidelines and Wall Street banks are writing down billions of dollars in commercial real estate assets. Brookfield Asset chief executive officer Bruce Flatt says: "Given the increase in interest rates, people were ill-prepared or unlucky with financing structures and that is where the opportunity is going to come. Over the next two or three years, people won't be able to pay their interest. Therefore, their capital structures will need to get fixed."