| Business Summary | | Brookfield
Properties
Corporation
owns
and
manages
a
portfolio
of
North
American
office
properties
and
also
develops
master-planned
residential
communities.
Brookfield's
operations
include
50
commercial
properties
containing
37
million
square
feet
of
rental
area,
a
property
services
business
that
manages
over
100
million
square
feet,
and
a
land
and
housing
business
that
sells
over
5,000
residential
building
lots
annually. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Brookfield
Properties
Corporation
owns
and
manages
a
portfolio
of
premier
North
American
office
properties
and
also
develops
master-planned
residential
communities.
For
the
comparable
three
months
ended
3/31/01,
revenues
rose
22%
to
$480
million.
Net
income
rose
67%
to
$60
million.
Revenues
reflect
increased
commercial
property
operating
income
and
acquisitions.
Earnings
also
reflect
decreased
interest
expenses
on
other
properties. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
567,000;
after
tax
earnings
were
74,000. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999
Compensation | | Pay | Exer | |
| Gordon Arnell Chairman | $475K | -- | J. Bruce Flatt Pres,
CEO, Director | 410K | -- | Sam Pollock Vice
Chairman | -- | -- | David Arthur Pres
and CEO - Candian Commercial Operations | 485K | $80K | Alan Norris Pres and CEO - Carma Corp. | 390K | 214K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|