Brookfield Office Properties is a commercial real estate company operating in North America. Brookfield Asset Management has 50 percent of the company’s outstanding common shares. Headquartered in Toronto and New York City, the company is listed on NYSE and TSX under the symbol BPO. The main competitors of Brookfield Office Properties are SL Green Realty Corp., Hines Interests Limited Partnership, and Boston Properties, Inc., among others.
The roots of Brookfield Office Properties go back to the 1900s. The company operated in Montreal and was named Canadian Arena Company. In the 70s, its business expanded into commercial real estate and was known as Carena Properties. In 2006 and 2008, the company undertook two acquisitions – it acquired Trizec Properties and GMAC Real Estate.
Brookfield Office Properties partially or wholly owns a number of companies. Carma Developers, established in 1958, is a real estate development company. It is engaged in developing residential communities found in New Mexico, Vancouver Island, Kansas City, Toronto, and other locations. Carma Developers builds business and commercial park developments, mix-use commercial developments, homes, and semi-detached homes. The company also specializes in multi-family and single-family homes, apartment condominiums, and row and stacked townhomes. It develops income properties and commercial lands for sale and investment. In addition to these activities, the company develops, plans, and leases commercial buildings.
Brookfield Residential Services is a property management company operating in the greater Toronto area. It offers a variety of services, including policies and procedural manuals, annual wage surveys, committee guidelines, investment policies, and collection policies. The company also specializes in suite renovations, management/ inspections, and fire safety plans. Brookfield Residential Services is based in Markham, Canada.
BPO Properties Ltd is a commercial real estate company, which manages, develops, and owns commercial properties in different cities in Canada. The portfolio of the company comprises of properties in Ottawa, Calgary, and Toronto. Among its landmark properties are Bankers Hall, found in Calgary and First Canadian Place, located in Toronto. Brookfield LePage Johnson Controls is a project management and commercial property joint venture formed with Johnson Controls in 1990.
RioCan REIT is Canada’s top Real Estate investment Trust company. With their main investments focused on department stores and supermarkets RioCan REIT is Canada's leading authority in commercial real estate. RioCan REIT holds over 60 million square feet of commercial real estate, making it one of Canada’s leading land owners as well as being it’s largest commercial investment trust. With a focus on continual diversity of investments they have quickly become involved with practically every major business in Canada. RioCan REIT has significant holdings all over North America including Ontario, Quebec, Alberta, British Columbia, New Brunswick, Manitoba, Nova Scotia and the United States.
RioCan REIT property investments are vast and include some of Canada’s leading retailers including:
Canadian Tire/PartSource
Walmart
Famous Players
Food Basics
Marshalls
Loblaws Inc.
Target Corportation
Staples/Busienss Depot
Future Shop
Best Buy
Giant Food Stores
Reitmans/Penningtons
Shoppers Drug Mart
Harvey’s
Sobey’s/IGA
PetSmart
Dollarama
Zellers/Home Outfitters
Chapters/Indigo
Lowe’s Home Improvement
TD Bank
Safeway
Blue Notes/Urban Planet
The Brick
Seats
Premier Fitness