Brookfield Office Properties Reports Fourth Quarter and Full Year 2010 Results

NEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (“Brookfield Office Properties”) (BPO: NYSE, TSX) today announced that net income attributable to common shareholders for the year ended December 31, 2010 was $1,552 million or $2.73 per diluted share, compared with a loss of $220 million or ($0.52) per diluted share in 2009. Net income attributable to common shareholders for the three months ended December 31, 2010 was $971 million or $1.70 per diluted share, compared with $1,038 million or $1.76 per diluted share for the three months ended December 31, 2009.