Brookfield Property Split Corp Pfd Shs Series 1
24.96
USD
0.00
(0.00%)
ISIN
CA1128272095
CUSIP
112827209
Return %
Stock
S&P 500
1Y
0.16
14.20
3Y
0.85
81.12
5Y
-1.34
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Richard Byron Clark
- Sector
- Finance
- Industry
- Real estate development
- Address
- Vancouver Canada
- Similar Companies
- Business
- Brookfield Property Split Corp. is a Canadian structured investment and closed-end split share corporation established to provide investors with tailored equity and fixed-income investment exposure to a diversified portfolio of premier global commercial real estate assets. Headquartered in Toronto, Ontario, and incorporated in 2014, the company operates as a specialized financing and investment vehicle affiliated with Brookfield Property Partners L.P. and its ultimate parent entity, Brookfield Corporation. Brookfield Property Split Corp. provides a defined range of structured capital products and securities, including: Class A Preferred Shares, Series 1 (TSX: BPS.PR.U), which deliver fixed, cumulative preferential quarterly cash distributions denominated in U.S. dollars and prioritize capital preservation through senior liquidation claims; additional series of Class A Preferred Shares providing Canadian dollar and U.S. dollar fixed-rate or floating-rate income streams; and Capital Shares engineered to deliver leveraged capital appreciation and long-term equity participation linked to the underlying net asset value performance of Brookfield real estate assets. Through its investment portfolio, the corporation offers investors indirect economic exposure to a global institutional real estate footprint encompassing premier Class A office buildings in gateway financial hubs; flagship retail and destination shopping centers; logistics and industrial distribution facilities; multifamily residential properties; and hospitality assets located across North America, Europe, the United Kingdom, Brazil, and the Asia-Pacific region. In recent major corporate developments, Brookfield Property Split Corp. has aligned its capital structure and operational backing with Brookfield Corporation following the parent company's privatization and acquisition of all publicly held units of Brookfield Property Partners L.P., which established direct parent-level operational coordination and reinforced distribution support structures. Furthermore, the corporation has actively maintained its quarterly preferred dividend payment schedules, managed periodic share retraction and redemption windows, and adjusted capital management strategies in response to prevailing global interest rate conditions and broader asset management realignments across Brookfield's commercial real estate platforms.