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Bullboard - Stock Discussion Forum Bridgemarq Real Estate Services Inc T.BRE

Alternate Symbol(s):  BREUF

Bridgemarq Real Estate Services Inc. is a Canada-based real estate services company. The Company’s segment includes providing information and services to realtors and real estate brokerages in Canada through a portfolio of regarded real estate services brands. It is a provider of services to residential real estate brokers and a network of approximately 21,000 REALTORS. It operates under the... see more

TSX:BRE - Post Discussion

Bridgemarq Real Estate Services Inc > Brookfield increasing its ownership in BRE
View:
Post by pierrelebel on Dec 15, 2023 11:37am

Brookfield increasing its ownership in BRE

"As a result of the Transaction, Brookfield's ownership interest in the Company is expected to increase from approximately 28.4% to approximately 41.7%."

"Given the expected liquidity of the pro forma entity, the Company anticipates maintaining existing levels of cash dividends per share, subject to the discretion of the Board."


Check the announcement

Appears to be good for long term investors

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