Brief: Bridgemarq Real Estate Services Announces Strategic Transaction To Become Independently Managed

Bridgemarq Real Estate Services

14/12/2023 23:37

Dec 14 (Reuters) - Bridgemarq Real Estate Services Inc
 BRE.TO :
    * BRIDGEMARQ REAL ESTATE SERVICES® ANNOUNCES STRATEGIC
TRANSACTION
TO ACQUIRE HIGH-QUALITY REAL ESTATE BROKERAGE ASSETS AND BECOME
INDEPENDENTLY MANAGED
    * BRIDGEMARQ REAL ESTATE SERVICES INC- ENTERED INTO A
DEFINITIVE
AGREEMENT WITH AN AFFILIATE OF BROOKFIELD BUSINESS PARTNERS
    * BRIDGEMARQ REAL ESTATE SERVICES INC- DEAL INVOLVES
ACQUISITION
BY RESIDENTIAL INCOME FUND L.P. OF BRIDGEMARQ REAL ESTATE
SERVICES MANAGER LIMITED
    * BRIDGEMARQ REAL ESTATE SERVICES- DEAL TO REDUCE CO'S
FINANCIAL
LEVERAGE INCREASING EARNINGS, FULLY SETTLING DEFERRED PAYMENTS
OWED TO BROOKFIELD

Source text for Eikon:  ID:nCNW4KD6Ta 
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