Core Insights - Brookfield Corporation reported distributable earnings of $6 billion for the full year 2025, with a 22% increase in fee-related earnings [1][7] - The company raised $112 billion in new capital, pushing total fee-bearing capital above $600 billion [1] Financial Performance - The Wealth Solutions segment saw a 24% increase in earnings to $1.7 billion, with assets under management surpassing $140 billion [2] - High leasing activity was reported, covering 17 million square feet, with new office lease rents averaging 18% higher than expiring leases [3] Strategic Initiatives - Brookfield plans to merge its insurance entity, BNT, into Brookfield Corporation within the next 12 months to enhance competitiveness in global markets [2] - The merger aims to provide the insurance business full access to Brookfield's $180 billion capital base [2] Market Context - Despite growth, the company faces challenges in the global real estate sector, where market sentiment is lagging behind physical property fundamentals [3] - Brookfield Corporation operates as a multi-asset manager across various sectors, including real estate, credit, renewable power, infrastructure, venture capital, and private equity [4]