TORONTO, July 15, 2015 /CNW/ - Brookfield Real Estate
Services Inc. (TSX: BRE) today declared a dividend of $0.1042 per share for the month of July 2015, payable on August 31, 2015, to shareholders of record on
July 31, 2015.
About Brookfield Real Estate Services
Inc.
Brookfield Real Estate Services Inc. (TSX: BRE)
is a leading provider of services to residential real estate
brokers and a network of 16,206 REALTORS®1, as at
March 31, 2015. It generates cash
flow from fixed and variable fees derived from real estate brokers
and agents operating in Canada
under the Royal LePage, Via Capitale and Johnston & Daniel
brands. Approximately 71 per cent of company revenue is based on
fees that are fixed in nature, providing revenue stability and
helping insulate cash flows from market fluctuations. The recurring
fixed revenue structure combined with strong brands and a
successful growth strategy position it to continue generating
stable, long-term cash flows and paying monthly dividends to
shareholders. For further information, please visit
www.brookfieldresinc.com.
1 REALTORS® is a trademark
identifying real estate licensees in Canada who are members of the Canadian Real
Estate Association.
SOURCE Brookfield Real Estate Services Inc.