Business Wire (Free subscription) | 02/10/2008
CALGARY--(BUSINESS WIRE)--Brookfield Properties Corporation (BPO: NYSE, TSX) and its Canadian-based subsidiary, BPO Properties Ltd. (BPP: TSX) today announced that tenant Petro-Canada has
Houston Chronicle (Free subscription) | 29/09/2008
Continental Airlines has renewed a large lease with Brookfield Properties in its namesake downtown headquarters building.
Business Wire (Free subscription) | 25/09/2008
NEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (BPO: NYSE, TSX) announced today that its 2008 third quarter results will be released prior to the market open on Wednesday,
The Real Estate (Free subscription) | 24/09/2008
Brookfield Properties has yet to begin "substantial" construction of a platform necessary to construct its two planned Ninth Avenue skyscrapers, despite earlier statements that the work would begin this past summer, according to Real Estate Weekly . In February, Brookfield, led by hunky CEO Ric Clark, said work would begin on the platform over the railyard in June, according to The New York Times...
atHome Top Story (Free subscription) | 24/09/2008
Brookfield Properties Corp. – Wall Street's biggest landlord – is still assessing damage from the economic crisis that has hammered the financial sector, says the company's CEO Ric Clark.
Business Wire (Free subscription) | 23/09/2008
TORONTO--(BUSINESS WIRE)--Brookfield Properties Corporation (BPO: NYSE, TSX) and its Canadian-based subsidiary, BPO Properties Ltd. (BPP: TSX) today celebrated the placement of the final
Curbed (Free subscription) | 23/09/2008
In his Realty Check column this week, Steve Cuozzo drops his dipstick into a big vat of West Side doom and gloom, and what comes out will neither depress nor delight. Condé Nast has been chatting with both Brookfield Properties...
Business Week (Free subscription) | 22/09/2008
Guinee thinks Manhattan vacancy rate will exceed 10% by early 2009 and will quickly transition from a landlord to tenant market. He believes the result of massive government intervention is delevering of financial institutions which has to result in more job losses. He also says declining oil prices will likely slow rent growth in Houston (8% of office NOI), Calgary (6%), and Alberta (with virtually...
Seeking Alpha (Free subscription) | 17/09/2008
FP Trading Desk submits: Bank of America's (BAC) acquisition of Merrill Lynch (MER), will have a negative impact on Brookfield Properties Corp. (BPO) net asset value, according to Blackmont Capital analyst Gail Mifsud. She maintained her "buy" rating and lowered her price target on Brookfield from C$23 to C$20 after running two scenarios to gauge the impact of the takeover on Brookfield's NAV. Complete...
The Real Estate (Free subscription) | 16/09/2008
Brookfield Properties, Merrill Lynch's landlord at the World Financial Center in Lower Manhattan, took a beating yesterday in public trading. According to the Wall Street Journal , Brookfield's stock plummeted 18 percent to $17.40 a share by 4 p.m. Monday.
Business Wire (Free subscription) | 15/09/2008
NEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (BPO: NYSE, TSX) today reported that physical evaluations are currently underway on its portfolio of office buildings in Houston
Financial Time (Free subscription) | 12/08/2008
Ric Clark, the chief executive of property developer Brookfield Properties, sees a silver lining in the credit crunch: a pause in over-development
Market Wire - Investment Opinion (Free subscription) | 08/08/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Brookfield Properties Corporation (TSX: BPO), NOVA Chemicals...
Market Watch (Free subscription) | 31/07/2008
LONDON (MarketWatch) -- Brookfield Properties said second-quarter profit fell to $45 million, or 11 cents a share, from $79 million, or 20 cents a share, after a year-earlier $17 million gain from selling two properties. Funds from operations slipped to 40 cents a share from 42 cents a share. Analysts polled by FactSet expected an FFO of 37 cents a share from the Canadian real estate developer. Market...
Business Wire (Free subscription) | 31/07/2008
NEW YORK--(BUSINESS WIRE)--Brookfield Properties Corporation (BPO: NYSE, TSX) today announced that net income for the three months ended June 30, 2008 was $45 million or $0.11 per diluted
