- Business
- Brookfield Office Properties Inc (BPO-PE.TO) owns, operates, develops and manages premier office properties and multifamily assets worldwide. The company offers office leasing in gateway cities including New York, Washington D.C., Houston, Los Angeles, Toronto, Calgary, Ottawa, London, Sydney, Melbourne and Perth; multifamily rental apartments totaling approximately 40,000 units in supply-constrained markets such as New York, London and suburban U.S. growth areas; flexible workspace solutions through SPACE+ including pre-built suites, move-in ready spaces, furniture, integrated technology and services; tenant engagement programs via the axiis app for property news, events, contests and surveys; and ancillary services such as building operations, property accounting, procurement and sustainability initiatives targeting clean electricity across its North American portfolio by 2030. Brookfield Office Properties serves tenants in financial services, government, energy, resources and other sectors from a portfolio exceeding 88 million square feet of office space across more than 113 properties, plus multifamily holdings. Founded in 1978 as a continuation of a business established in 1923 and headquartered at Brookfield Place, Suite 330, 181 Bay Street, Toronto, Ontario, Canada, the company operates primarily in the United States, Canada, United Kingdom and Australia as a subsidiary of Brookfield Property Partners. Recent developments include a January 2024 strategic partnership with CBRE for comprehensive property management of its over 65 million square foot U.S. office portfolio, incorporating CBRE Investor Portfolio Management with partners like Deepki for sustainability data, Industrious for flex space and VTS for tenant experience; a March 2025 sale of a Los Angeles office property for $210 million, the year's largest such transaction in that market; and a normal course issuer bid announced in January 2024 extending through January 2025 for share repurchases.