Brookfield Properties (BPO) is combining some of its assets with Brookfield Homes (BHS) to form...

|About: Brookfield Office Proper... (BPO)|By:, SA News Editor

Brookfield Properties (BPO) is combining some of its assets with Brookfield Homes (BHS) to form a new company called Brookfield Residential Properties Inc. Brookfield Residential will hold $2.5B in assets, have an equity value of $1B, and will apply to trade on the New York and Toronto stock exchanges. (PR)