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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 is a provider of services to residential real estate brokers and a network of approximately 21,000 REALTORS. The Company’s segment includes brokerage operations and Franchise Operations. The brokerage operations operate full service real estate brokerage locations in British Columbia, Ontario and Quebec. The Brokerage Operations provide services to real estate sales representatives. The franchise services operations provide services to real estate brokerages across Canada. The Company operates under the Royal LePage brand name across Canada, under the Via Capitale Real Estate Network brand in Quebec and under the Johnston & Daniel banner in upscale neighborhoods in Ontario.


TSX:BRE - Post by User

Post by pierrelebelon Dec 15, 2023 11:37am
786 Views
Post# 35786774

Brookfield increasing its ownership in BRE

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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