Source - Brookfield Asset Management
Source - Brookfield Asset Management
Source - Brookfield Asset Management
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Brookfield</strong> Property Partners’ relationship with <strong>Brookfield</strong>Relationship with<strong>Brookfield</strong> afterspin-off• Largest investor with an effective economic interest of approximately 92.4% (~$11B)• General partner• BPY has a board of seven directors, the majority of whom are independentof <strong>Brookfield</strong>RelationshipAgreement• <strong>Brookfield</strong> has agreed that BPY will be the primary entity through which <strong>Brookfield</strong> will make itsinvestments in commercial property on a global basisMaster ServicesAgreement• <strong>Brookfield</strong> will provide executive oversight of the business managed by an experienced team ofprofessionals that have a long established track record• <strong>Brookfield</strong> will provide services relating to the origination of acquisitions, financings, businessplanning, and oversight and supervision of day to day management and administration activities• <strong>Brookfield</strong> will be entitled to receive a base management fee and incentive distributions as BPYsuccessfully grows30
Change language