$BPO News

Last published 12y ago

12y agoBPOCORRECTING and REPLACING Brookfield Office Properties Awards Jones Lang LaSalle Exclusive Leasing Assignment for Iconic 50-Story Gas Company Tower in Downtown Los AngelesBusiness WireLOS ANGELES--(BUSINESS WIRE)--The quote in the second graph of the release dated March 5, 2014 should read: "Carl and Hayley were selected for their breadth of knowledge in the Los Angeles regional marketplace, as well as for their expertise, follow through and ability to get complex deals done" (sted "Brookfield has worked with nearly every leasing team in downtown, be it office or retail, and ul ...
13y agoMPG BPOMPG Office Trust, Inc. and Brookfield Office Properties Inc. Announce Satisfaction of the Principal Closing Conditions for Brookfield’s Acquisition of MPGBusiness WireLOS ANGELES & NEW YORK--(BUSINESS WIRE)--MPG Office Trust, Inc. (NYSE:MPG) and Brookfield Office Properties Inc. (NYSE:BPO) (TSX:BPO) announced today that the principal conditions precedent to Brookfield Office Properties Inc.’s (“BPO”) acquisition of MPG Office Trust, Inc. (“MPG”), including approval of MPG’s common stockholders and the receipt of certain consents from MPG’s lenders, have been sa ...
13y agoFPO BPOFirst Potomac Realty Trust Names Mario Silva as Director of Portfolio ManagementBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--First Potomac Realty Trust (NYSE:FPO), a leading owner of office and industrial properties in the greater Washington, D.C. area, today announced that Mario Silva has joined the company as Director, Portfolio Management. In his role, Mr. Silva will lead long-term strategic business plan initiatives for the portfolio, assist in developing and implementing best practic ...
13y agoMPG BPOFaruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of MPG Office Trust, Inc. (MPG)Business WireNEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MPG Office Trust, Inc. (“MPG” or the “Company”) (NYSE: MPG) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to a newly formed fund controlled by Brookfield Office Properties Inc. ...
13y agoMPG BPOMPG Office Trust, Inc. Enters into Agreement to Be Acquired by an Affiliate of Brookfield Office Properties Inc.Business WireLOS ANGELES--(BUSINESS WIRE)--MPG Office Trust, Inc. (NYSE: MPG) (“MPG” or the “Company”) announced today that it has entered into a definitive merger agreement pursuant to which a newly formed fund controlled by Brookfield Office Properties Inc. (NYSE: BPO) (“Brookfield”) will acquire the Company.
15y agoBPOBrookfield Office Properties Sells Newport Tower in Jersey City, NJ for Record PriceBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (NYSE, TSX: BPO) announced today that it has sold the Newport Tower office building in Jersey City, NJ to Multi-Employer Property Trust (MEPT) for $377.5 million. It is the largest single office asset transaction in the history of New Jersey.
15y agoBPOBrookfield Office Properties to Hold Conference Call & Webcast of 2011 Third Quarter Financial Results Friday, November 4, 2011 at 11AM (ET)Business WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties (BPO: NYSE, TSX) announced today that its 2011 third quarter results will be released prior to the market open on Friday, November 4, 2011. Analysts, investors and other interested parties are invited to participate in the company’s live conference call reviewing the results on Friday, November 4 at 11:00 a.m. (ET). Scheduled speakers are Ric ...
15y agoBPOBrookfield Office Properties Renews Normal Course Issuer BidBusiness WireTORONTO--(BUSINESS WIRE)--Brookfield Office Properties Inc. (“Brookfield Office Properties”) (BPO: NYSE/TSX) announced today that the Toronto Stock Exchange accepted a notice filed by Brookfield Office Properties of its intention to renew its prior normal course issuer bid for a further one-year period. Brookfield Office Properties stated that at times its common shares trade in price ranges that ...
15y agoBPOBrookfield Office Properties Acquires Three Bethesda Metro Center in Bethesda, MDBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (NYSE, TSX: BPO) announced today that it has purchased the Three Bethesda Metro Center office building in Bethesda, Maryland from The Meridian Group for $150.1 million.
15y agoBPOBrookfield Office Properties Completes C$250 Million Preferred Share IssueBusiness WireTORONTO--(BUSINESS WIRE)--Brookfield Office Properties Inc. (BPO: NYSE, TSX) announced today the completion of its previously announced Preferred Shares, Series R issue in the amount of C$250 million. The offering was underwritten by a syndicate led by RBC Capital Markets, CIBC, Scotia Capital Inc. and TD Securities Inc.
15y agoBPOBrookfield Office Properties Hires Martin Jepson to Lead Development and Investment Initiatives in United KingdomBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (NYSE, TSX: BPO) announced today that it has hired Martin Jepson as senior vice president, Development and Investment in its growing London, UK office. Mr. Jepson will lead the company’s investment and development activities in the UK, including overseeing Brookfield Office Properties’ investment in the 100 Bishopsgate development projec ...
15y agoBPOBrookfield Office Properties Disposes Ownership of Non-Managed Assets in U.S. Office Fund via Partner’s Exercise of Call OptionBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (NYSE, TSX: BPO) announced today that its partner in the joint venture that acquired the U.S. office assets of Trizec Properties in 2006 has exercised its call option on 18 of the office assets it manages in the joint venture in exchange for 100% of its interests in the 38-property portfolio of Brookfield-managed assets.
15y agoBPOBrookfield Office Properties to Hold Conference Call & Webcast of 2011 Second Quarter Financial Results Friday, August 5, 2011 at 11AM (ET)Business WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties (BPO: NYSE, TSX) announced today that its 2011 second quarter results will be released prior to the market open on Friday, August 5, 2011. Analysts, investors and other interested parties are invited to participate in the company’s live conference call reviewing the results on Friday, August 5 at 11:00 a.m. (ET). Scheduled speakers are Ric Cl ...
15y agoBPOBrookfield Office Properties Sells 1400 Smith Street in Houston to Full-Building Tenant ChevronBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (BPO: NYSE, TSX) today announced the sale of the office tower at 1400 Smith Street in Houston to Chevron, 1400 Smith’s full-building tenant, and a 311,000-square-foot lease renewal with Chevron for seven years at neighboring Continental Center I (1600 Smith Street). The sale price of 1400 Smith was $340 million.
15y agoBPOBrookfield Office Properties Announces $250 Million Retail Plan for the World Financial CenterBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties (NYSE, TSX: BPO) today unveiled plans for a $250 million retail redevelopment of the World Financial Center in Lower Manhattan. The broad-scope changes expand the retail offerings and include high-end fashion, a European-style marketplace, and waterfront dining. In addition, a dramatic glass pavilion on West Street will link the Center to Low ...
15y agoBPOBrookfield Office Properties Announces Management ChangesBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (BPO: NYSE, TSX) and Brookfield Office Properties Canada (BOX.UN: TSX) today announced a series of promotions and an addition to its executive management team.
15y agoBPOBrookfield Office Properties Reports Strong First Quarter 2011 Results and Execution of Strategic InitiativesBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (BPO: NYSE, TSX) today announced that net income attributable to common shareholders for the quarter ended March 31, 2011 was $306 million or $0.54 per diluted share, compared with $250 million or $0.44 per diluted share in the first quarter of 2010.
15y agoBPOBrookfield Office Properties to Commence Rights Offering for Shareholders to Purchase Shares of Brookfield Residential PropertiesBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (“Brookfield Office Properties” BPO: NYSE, TSX) today announced that the record date for its rights offering, which will enable its common shareholders to purchase shares of Brookfield Residential Properties Inc. (“Brookfield Residential” BRP: NYSE, TSX) at a price of $10 per share, will be May 12, 2011. The rights will be listed on the ...
15y agoBPOBrookfield Office Properties to Hold Conference Call & Webcast of 2011 First Quarter Financial Results Thursday, May 5, 2011 at 11AM (ET)Business WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties (BPO: NYSE, TSX) announced today that its 2011 first quarter results will be released prior to the market open on Thursday, May 5, 2011. Analysts, investors and other interested parties are invited to participate in the company’s live conference call reviewing the results on Thursday, May 5 at 11:00 a.m. (ET). Scheduled speakers are Ric Clark ...
15y agoBPOUpdate on Brookfield Office Properties Rights Offering to Shareholders to Purchase Shares of Brookfield Residential PropertiesBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (“Brookfield Office Properties” BPO: NYSE, TSX) today announced that the preliminary prospectus outlining the details of a rights offering, which will enable its common shareholders to purchase shares of Brookfield Residential Properties Inc. (“Brookfield Residential” BRP: NYSE, TSX) at a price of $10 per share, has been filed with regul ...
15y agoBPOUpdate on Brookfield Office Properties’ Residential Division DivestitureBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (“Brookfield Office Properties” BPO: NYSE, TSX) announced that the proposed merger of its residential division with Brookfield Homes Corporation (“Brookfield Homes” BHS: NYSE) into the new entity Brookfield Residential Properties Inc. has advanced with the approval of the transaction by Brookfield Homes’ shareholders in a vote held today ...
15y agoBPOBrookfield Office Properties Signs 173,000-Square-Foot Lease with Commerzbank at Two World Financial Center in Lower ManhattanBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (“Brookfield Office Properties”) (BPO: NYSE, TSX) today announced that it has signed a 173,000-square-foot lease with Commerzbank at Two World Financial Center in Lower Manhattan.
15y agoBPOBrookfield Office Properties Issues 2010 Annual Report and Announces Annual General and Special Meeting of ShareholdersBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation “Brookfield Office Properties” (BPO: NYSE, TSX) today issued its 2010 annual report. The report has been filed on EDGAR and SEDAR and the online version of the report is available for viewing and download on the company’s website, www.brookfieldofficeproperties.com.
15y agoBPOBrookfield Office Properties Reports Fourth Quarter and Full Year 2010 ResultsBusiness WireNEW 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 m ...
15y agoBPOBrookfield Office Properties Names Ronne Hackett Head of U.S. DevelopmentBusiness WireNEW YORK--(BUSINESS WIRE)--Brookfield Office Properties (NYSE, TSX: BPO) today announced that Veronica W. “Ronne” Hackett has joined the company as Senior Vice President, Development, for U.S. Commercial Operations. In this role, Ms. Hackett will direct the development efforts for the company’s 9.6-million-square-foot pipeline of U.S. development properties in New York, Washington, DC, Houston, Lo ...