TORONTO, March 13, 2019 /CNW/ - Brookfield Real Estate
Services Inc. (dba Bridgemarq Real Estate Services) ("Bridgemarq"
or the "Company") (TSX: BRE), a leading provider of services to
residential real estate brokers and their REALTORS®1,
today announced that Brookfield BBP (Canada) LP ("Brookfield") has appointed
Joe Freedman as a Designated
Director of the Company.
Pursuant to the terms of the Company's Special Voting Shares,
Brookfield is entitled to appoint
up to two‑fifths of the Directors so long as it holds an aggregate
of at least 10% of the Restricted Voting Shares (on a diluted
basis).
Joe Freedman is a Senior Vice
Chair in Brookfield's Private
Equity Group, responsible for strategic initiatives and planning
for the private equity group. Since joining Brookfield, Mr. Freedman has held a number of
positions, including General Counsel and the Partner responsible
for M&A transaction execution, fund formation and fund
operations. Prior to joining Brookfield, he was a lawyer in the corporate
finance group at a Toronto law
firm, specializing in private equity transactions and public
company mergers and acquisitions. Mr. Freedman holds a joint
MBALL.B from the Schulich School of Business at York University and Osgoode Hall Law School in
Toronto.
"On behalf of the Company, I would like to welcome Mr. Freedman
to Bridgemarq's Board of Directors," said Spencer Enright, Chair of the Board of the
Company. "Joe brings deep business and financial expertise, and is
an outstanding addition to our Board."
With the addition of Mr. Freedman, the Company's Board of
Directors consists of five Directors, three of whom are Independent
Directors.
About Bridgemarq Real Estate Services
Bridgemarq Real
Estate Services is a leading provider of services to residential
real estate brokers and a network of over 18,000
REALTORS®. We operate in Canada under the Royal LePage, Via Capitale
and Johnston & Daniel brands. Bridgemarq Real Estate Services
is the registered trade name of Brookfield Real Estate Services
Inc. For more information, go to bridgemarq.com.
Bridgemarq Real Estate Services is an affiliate of Brookfield
Business Partners, a business services and industrials company
focused on owning and operating high-quality businesses that
benefit from barriers to entry and/or low production costs.
Brookfield Business Partners is listed on the New York and Toronto stock exchanges. Further information
is available at bbu.brookfield.com.
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1 REALTORS® is a trademark
identifying real estate licensees in Canada who are members of the
Canadian Real Estate Association.
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SOURCE Brookfield Real Estate Services Inc.