Brookfield Office Properties Announces Quarterly Dividend Rate on Its Series S Preference Shares


Not for distribution to U.S. newswire services nor for dissemination to the United States
All amounts in Canadian dollars

BROOKFIELD NEWS, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the quarterly dividend rate on its Class AAA Preference Shares, Series S (“Series S Shares”) (TSX: BPO.PR.S).

The dividend is paid at an annual rate, calculated for each quarter, of 3.48% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate in respect of the October 1, 2019 to December 31, 2019 dividend period for the Series S Shares will be 1.290520% (5.12% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.32263 per share, payable on December 31, 2019.

About Brookfield Office Properties

Brookfield Office Properties Inc. is a subsidiary of Brookfield Property Partners L.P., one of the world’s largest commercial real estate companies, with over $85 billion in total assets. For more information, please visit bpy.brookfield.com/bpo.

Brookfield Contact:

Sherif El-Azzazi
Director, Investor Relations
Tel.: (212) 417-7169
Email: sherif.elazzazi@brookfield.com