TORONTO, April 17, 2015 /CNW/ -Brookfield Real Estate Services Inc.
(TSX: BRE) today declared a dividend of $0.10 per share for the month
of April 2015, payable on May 29, 2015, to shareholders of record on
April 30, 2015.
Brookfield Real Estate Services Inc. (TSX: BRE) is a leading provider of services to residential real estate brokers
and a network of 15,377 REALTORS®1, as at December 31, 2014. 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 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.
For further information:
Kaiser Lachance Communications
Tel: 647.725.2520 ext.209