TORONTO, April 11, 2014 /CNW/ – Brookfield Real Estate
Services Inc. (TSX: BRE) will hold its Annual General Meeting of
shareholders on Tuesday, May 6th,
2014 at 10:00AM ET at the
Hockey Hall of Fame, Tim Hortons Theatre, located at 30 Yonge
Street in Toronto, Ontario.
Shareholders unable to attend in person may listen in online via
webcast at
http://www.newswire.ca/en/webcast/detail/1336087/1476833. A copy of
Brookfield Real Estate Services Inc.'s Notice of Annual General
Meeting and Proxy Forms are available online
at www.sedar.com.
For additional information, please
visit http://www.brookfieldresinc.com/content/investor_centre-25063.html.
Brookfield Real Estate Services Inc. Profile
The
Company is a leading provider of services to residential real
estate brokers and their REALTORS®¹. The Company generates cash
flow from franchise royalties and service fees derived from a
national network of over 15,000 real estate brokers and agents in
Canada operating under the Royal
LePage, Via Capitale and Johnston & Daniel brand names. The
Company generates both fixed and variable fee components. Variable
fees are primarily driven by the total transactional dollar volume
from the sales commissions of REALTORS®, while fixed fees are based
on the number of agents and sales representatives in the network.
Approximately 71% of the Company's revenue is based on fees that
are fixed in nature; this provides revenue stability and helps
insulate the Company's cash flows from market fluctuations. The
Company is listed on the TSX and trades under the symbol "BRE". For
further information about the Company, please visit
www.brookfieldresinc.com.
1 REALTOR® is a trademark identifying real estate
licensees in Canada who are
members of the Canadian Real Estate Association.
SOURCE Brookfield Real Estate Services Inc.