BPO Properties Ltd.

Corporate Finance:Real Estate

Summary

BPO’s portfolio comprises 28 office properties and eight development sites, with BPO’s net interest in income properties being 8.7 million square feet (total leasable area is 18.3 million square feet). BPO is majority-owned by Brookfield Properties Corporation, which has an 89% equity interest and 54.3% voting interest. Brookfield is 49% owned by Brookfield Asset Management Inc.