Not for distribution to U.S. newswire services nor for dissemination to the United States. All amounts in Canadian dollars. BROOKFIELD NEWS, June 01, 2021 (GLOBE NEWSWIRE) Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the quarterly dividend rate on its Class AAA Preference Shares, Series S (“Series S Shares”) (TSX: BPO.PR.S). The dividend is paid at an annual rate, calculated for each quarter, of 3.48% over the annual yield on three-mont
By Reuters Staff
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Brookfield Asset Management CEO Bruce Flatt poses in front of the company’s logo in Tokyo, Japan, May 16, 2019.
NEW YORK (Reuters Breakingviews) - CANADIAN HOSPITALITY. Brookfield Asset Management is engaging in some self-serving generosity. On Thursday the Canadian property giant raised its bid to take private its listed commercial real estate arm, Brookfield Property Partners, offering minority shareholders $6.5 billion, or 10% more than January’s opening gambit.
Digging deeper is a Brookfield speciality. It similarly raised bids for GGP, Rouse Properties, Brookfield Office Properties and Canada Office Properties. This bump is bigger than usual, partly because Brookfield’s own shares have risen in the meantime. That’s despite the fact the group holds around 60% of BPP already. At Rouse and GGP it didn’t even have a majority stake.
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BROOKFIELD NEWS, March 02, 2021 (GLOBE NEWSWIRE) Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the quarterly dividend rate on its Class AAA Preference Shares, Series S ( Series S Shares ) (TSX:BPO).
The dividend is paid at an annual rate, calculated for each quarter, of 3.48% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate in respect of the April 1, 2021 to June 30, 2021 dividend period for the Series S Shares will be 0.885070% (3.55% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.221268 per share, payable on June 30, 2021.