Brookfield Canada Office Properties Responds to Brookfield Property Partners News Release and Establishes a Special Committee...
January 23 2017 - 7:30AM
Brookfield Canada Office Properties (TSX:BOX.UN) (NYSE:BOXC)
acknowledges the news release issued by Brookfield Property
Partners L.P. earlier today announcing its proposal to acquire all
of the Brookfield Canada Office Properties units that it does not
own. Under its proposal, Brookfield Property Partners would offer
Brookfield Canada Office Properties unitholders C$30.10 cash for
each unit held.
The Board of Trustees of Brookfield Canada
Office Properties has established a special committee to review and
consider the proposal. Unitholders of Brookfield Canada Office
Properties do not need to take any action with respect to the
proposal at this time.
About Brookfield Canada Office
Properties
Brookfield Canada Office Properties is Canada’s
preeminent Real Estate Investment Trust (REIT). Our portfolio is
comprised of 26 premier office properties totaling 20 million
square feet in the downtown cores of Toronto, Calgary, and Ottawa,
in addition to a development site in Calgary. Our landmark assets
include Brookfield Place and First Canadian Place in Toronto, and
Bankers Hall in Calgary. Further information is available at
www.brookfieldcanadareit.com. Important information may be
disseminated exclusively via the website; investors should consult
the site to access this information.
Brookfield Canada Office Properties is the
flagship Canadian REIT of Brookfield Asset Management, a leading
global alternative asset manager with approximately $250 billion in
assets under management. For more information, go to
www.brookfield.com.
Contact:
Sherif El-Azzazi
Manager, Investor Relations & Communications
Tel: (416) 359-8593
Email: sherif.elazzazi@brookfield.com
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