2011-08-15

Brookfield Office Properties Canada

Brookfield Properties

Brookfield Office Properties Inc.
Type Public
Traded as NYSE: BPO
TSX: BPO
Industry Property Management
Founded 1923
Headquarters

New York City, New York

Toronto, Ontario
Key people Richard B. Clark (CEO)
Revenue increase US$ 1.326 billion (2010)
Net income increase US$ 1.552 billion (2010)
Total assets increase US$ 20.420 billion (2010)
Employees 2,264 (2008)
Website www.brookfieldproperties.com

Brookfield Office Properties Inc. (TSX: BPO, NYSE: BPO) is a North American commercial real estate company. Brookfield Asset Management owns 50% of its outstanding common shares. The company has its headquarter operations in New York City and Toronto. Its New York City head office is on the 11th floor of the Three World Financial Center in Lower Manhattan, New York City, while their Toronto head office is located downtown in the Brookfield Place office complex, which encompasses an entire 5.2 acre city block and offers over 2,600,000 square feet (242,000 m) of office space

Brookfield owns, manages and develops office properties in the downtown core of New York City, Washington, D.C., Boston, Denver, Minneapolis, Toronto, Calgary, Ottawa, and Vancouver. Brookfield's properties include One Liberty Plaza and the World Financial Center in New York City; Brookfield Place (formerly BCE Place), First Canadian Place, and Queen's Quay Terminal in Toronto; Place de Ville and the John Edmunds Towers in Ottawa, Canadian Western Bank Place and Enbridge Tower in Edmonton; Suncor Energy Centre, Fifth Avenue Place, Altius Centre, Herald Building, and Bankers Hall in Calgary; and Royal Centre in Vancouver. It also operates real estate service businesses and has a land-development business primarily based in Canada.

History

The company's roots go back to the 1900s in Montreal. It was known then as the Canadian Arena Company. The company operated the Montreal Arena. In a partnership with Toronto investors, it built the Arena Gardens in Toronto. In the 1920s, it built the Montreal Forum. From 1935, for several decades, the company owned the Montreal Canadiens National Hockey League club. In the 1970s, when the company was known as Carena Properties, it expanded its business into commercial real estate. After the Montreal Forum closed, the Forum was sold to competitor Canderel Properties.

It lost out to Silverstein Properties, Inc. on the lease of the World Trade Center in New York, a few months before the complex was destroyed on September 11, 2001.

In 2006, the company acquired Trizec Properties. In 2008, it acquired GMAC Real Estate.

On Earth Day (April 22) 2010, BLJC was listed as one of Canada's "The Green 30" Organizations Based On Eco-Friendly Programs and Practices [1] based on an employee poll.

Subsidiaries and joint ventures

Brookfield Properties wholly or partially owns the following companies:

See also

References

  1. "Company Profile for Brookfield Properties Corp (BPO)". http://zenobank.com/index.php?symbol=BPO&page=quotesearch. Retrieved 2008-10-07.
  2. http://investors.brookfieldproperties.com/phoenix.zhtml?c=91790&p=irol-newsArticle_Print&ID=898941&highlight=
  3. "Contact Us." Brookfield Properties. Retrieved on December 24, 2009.
  4. Plumb, Tierney (October 8, 2009). "1225 Connecticut Avenue gets LEED Platinum". Washington Business Journal. http://washington.bizjournals.com/washington/stories/2009/10/05/daily89.html. Retrieved June 21, 2010.
  5. "Brookfield: History". Brookfield Properties. http://www.brookfieldproperties.com/history.htm.

External links






Retrieved from : http://en.wikipedia.org/wiki/Brookfield_Properties