Brookfield Office Properties Inc. (BRKFF)
Brookfield Office Properties Inc. operates in the Real Estate - Development industry of the Real Estate sector, headquartered in Toronto, ON, CA. The stock last traded at $6.18, up 2.47% on the session, giving a market capitalisation of $3.00B. On trailing twelve-month figures it carries a trailing P/E of 1.43, a net margin of 79.5%. Its beta of 1.56 implies it has historically moved more than the broad market.
Brookfield Properties Corporation is a privately-held firm specializing in real estate investments. Its activities involve the acquisition, development, and ongoing management of high-quality commercial properties, alongside strategic investments in core-plus office buildings. The company further provides complementary real estate services, such as comprehensive tenant amenities and support. With a primary focus on office buildings and development sites, Brookfield Properties targets prominent urban markets. In the United States, its portfolio includes properties in Seattle, San Francisco, Los Angeles, Denver, Houston, New York, Boston, Washington, D.C., and Minneapolis. Its Canadian operations span major cities such as Toronto and Calgary. Founded in 1923, the firm has undergone multiple name changes throughout its history. Initially known as Carena-Bancorp Holdings, Inc., it evolved to Le Holding Carena-Bancorp Inc. in 1978, Carena-Bancorp, Inc. in 1985, and Carena Developments Limited in 1989, before officially becoming Brookfield Properties Corporation in 1996. Headquartered in New York, New York, the company also maintains an office in Toronto, Canada. As of March 31, 2014, Brookfield Office Properties Inc. operates as a subsidiary of Brookfield Property Partners L.P.
Brookfield Office Properties Inc. is most often compared with the following Real Estate names: