Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


May 25, 2015 6:07 AM ET

Real Estate Management and Development

Company Overview of Brookfield Office Properties Inc.

Company Overview

Brookfield Properties Corporation is a privately owned real estate investment firm. The firm engages in the ownership, development, and management of premier commercial properties and also invests in core-plus office buildings. It also provides ancillary real estate service businesses, such as tenant service and amenities. The firm invests in the real estate markets of the United States with a focus on North American cities, including Seattle, San Francisco, Los Angeles, Denver, Houston, New York, Boston, and Washington, DC., and Minneapolis and Canadian cities such as Toronto and Calgary. It primarily invests in properties and development sites predominantly office buildings. It was formerl...

Brookfield Place

Suite 330

181 Bay Street

Toronto, ON M5J 2T3

Canada

Founded in 1923

Phone:

416-369-2300

Fax:

416-369-2301

Key Executives for Brookfield Office Properties Inc.

Chief Executive Officer and Director
Age: 48
President and Global Chief Operating Officer
Age: 58
Co-Chairman and Chairman of Brookfield Financial Properties
Age: 76
Chairman and Chairman of Human Resources & Compensation Committee
Age: 56
Chief Financial Officer, Senior Vice President and Director
Compensation as of Fiscal Year 2014.

Brookfield Office Properties Inc. Key Developments

Brookfield Office Properties Inc. Announces Dividend, Payable on June 30, 2015

Brookfield Office Prop Inc. announced dividend of $0.296875, $0.359375, $0.3125, $0.325, $0.384375, $0.321875, $0.31875, $0.2875 and $0.328125 on Cl Aaa Pr and Aaa Pr Ser shares. The dividends are payable on June 30, 2015 to the shareholders record on June 15, 2015.

Brookfield Office Properties Inc. Reports Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015

Brookfield Office Properties Inc. reported unaudited consolidated financial results for the first quarter ended March 31, 2015. For the period, the company reported net income for the three months ended March 31, 2015 was $58.7 million or $0.63 per unit, compared to $42.1 million or $0.45 per unit during the same period in 2014. Funds from operations was $37.1 million or $0.40 per unit for the three months ended March 31, 2015, compared to $40.9 million or $0.44 per unit during the same period in 2014. Adjusted funds from operations was $28.6 million or $0.31 per unit for the three months ended March 31, 2015, compared to $39.7 million or $0.43 per unit during the same period in 2014. Net operating income from commercial properties decreased by $4.8 million to $63.8 million for the three months ended March 31, 2015, compared to $68.6 million during the same period in 2014. Same-property net operating income decreased to $64.1 million, $2.2 million below the same period in 2014. Income before fair value gains was $36.6 million compared to $39.2 million a year ago. Cash flows provided by operating activities was $34.2 million compared to $33.6 million a year ago. Capital expenditures – commercial properties were $12.2 million compared to $7.0 million a year ago. Capital expenditures – commercial developments were $68.3 million compared to $33.0 million a year ago.

Brookfield Office Properties Announces Election of Trustees

Brookfield Office Properties Inc. announced that at the annual meeting of the company held on April 20, 2015, the company approved election of Roderick D. Fraser, Paul D. McFarlane and Susan L. Riddell Rose as trustees.

Similar Private Companies By Industry

Company Name Region
Shato Holdings Ltd. Americas
Avenue Commercial Inc. Americas
Creswin Properties Inc. Americas
MM Sam Ltd Americas
Devan Properties Ltd Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 27, 2015
Metropolitan Park East and Metropolitan Park West Buildings in Seattle
Merger/Acquisition
March 25, 2015
Bloomberg Inc., City Gate House at 39-45 Finsbury Square, EC2
Merger/Acquisition
November 17, 2014
Continental Center II
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Brookfield Office Properties Inc., please visit www.brookfieldproperties.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.