Brookfield Corporation · NYSE:BN
Brookfield — Brookfield Asset Management — Merger or Acquisition (April 2012)
12 slides from Brookfield's merger presentation, Apr 12, 2012
Slide 1: Brookfield Property Partners | April 12, 2012
Brookfield Asset Management Inc. A GLOBAL ASSET MANAGEMENT COMPANY Focused on Property, Renewable Power and Infrastructure Assets BROOKFIELD PROPERTY PARTNERS | APRIL 12, 2012
Slide 2: Summary
Summary • Brookfield Asset Management (“Brookfield”) intends to distribute to holders of our common shares an interest in our commercial and other income-producing property operations, through a special dividend of units of Brookfield Property Partners (“BPY”) • Following the spin-off, our common sh
Slide 3: BPY Scope
BPY Scope BPY will be our flagship public commercial property company and the primary entity through which Brookfield will own and operate our commercial property business • BPY will be one of the few property organizations with a global business and a strategy to allocate capital to the most attrac
Slide 4: BPY Strategy
BPY Strategy • To acquire assets on an opportunistic basis either directly, through private Brookfield-sponsored funds or public affiliates – This varied form of ownership is a strategy designed to provide us with maximum flexibility to pursue investments which others may not be able to participate
Slide 5: BPY Property Platforms
BPY Property Platforms • BPY currently has interests in over 250 million sq. ft. of commercial space in key growth markets in North America, Europe, Australia and Brazil • BPY will comprise substantially all of Brookfield’s commercial property operations, including, among other things, its directly
Slide 6: BPY Key Investment Highlights
BPY Key Investment Highlights BPY will be one of the largest publicly-traded commercial property companies, and will be positioned to become the premier entity for investors seeking global exposure to the commercial property sector with: – Strong track record1 • Since 1989, Brookfield has invested a
Slide 7: Key Investment Highlights to Brookfield
Key Investment Highlights to Brookfield • Listed entity enhances liquidity to fund growth Provides strong • Well capitalized and conservatively structured balance sheet access to capital • Access to a wide range of capital sources including an expected diversification of investor base over time • Fo
Slide 8: Multi-Year Strategy
Multi-Year Strategy • The formation of BPY represents the continuation of a strategy to maximize our business flexibility through the launch of publicly traded flagship companies supported by flagship private funds • The launch of our infrastructure company (BIP, 2008) and renewable power company (B
Slide 9: Conclusion
Conclusion One of Largest • $72 billion of real estate assets globally Public Real Estate Platforms • 82 million square feet of office / 163 million square feet of retail • Anticipated initial yield of approximately 4% per annum of initial IFRS value Attractive • Targeted distribution growth of 3% t
Slide 10: Contacts
Contacts Contact Title E-Mail Address Phone Number Andy Willis SVP, Communications and Media andrew.willis@brookfield.com (416) 369-8236 Katherine Vyse SVP, Investor Relations katherine.vyse@brookfield.com (416) 369-8246 9 | Brookfield Asset Management Inc.
Slide 11: Cautionary Notes
Cautionary Notes A registration statement containing important information relating to the securities described in this presentation has been filed with the United States Securities and Exchange Commission. The registration statement is subject to completion. This presentation does not provide full
Slide 12: Cautionary Notes cont'd
Cautionary Notes cont’d The forward-looking statements are based on Brookfield’s beliefs, assumptions and expectations of BPY’s future performance, taking into account all information currently available to it. These beliefs, assumptions and expectations can change as a result of many possible event
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