brookfield-realty &laquo; WordPress.com Tag Feed http://en.wordpress.com/tag/brookfield-realty/ Feed of posts on WordPress.com tagged "brookfield-realty" Wed, 19 Jun 2013 01:47:37 +0000 http://en.wordpress.com/tags/ en <![CDATA[Brookfield Realty withdraws IPO plans]]> http://business.financialpost.com/2012/04/18/brookfield-realty-withdraws-ipo-plans/ Wed, 18 Apr 2012 17:34:49 +0000 Reuters http://business.financialpost.com/2012/04/18/brookfield-realty-withdraws-ipo-plans/ Brookfield Realty Capital Corp. has filed with U.S. regulators to withdraw its initial public offering, more than two years after the real estate finance company disclosed plans to go public.

The company, which is backed by real estate-focused alternative asset manager Brookfield Asset Management Inc, cited adverse market conditions as the reason for the move.

Brookfield Realty had filed for a US$500-million IPO with the U.S. Securities and Exchange Commission in August 2009.

The planned offering was being underwritten by Goldman Sachs.

The company had applied to list its common stock on the New York Stock Exchange under the symbol “BRCC.”

© Thomson Reuters 2012

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