Overview
Corporate Profile
BPO Properties Ltd. Is one of Canada's leading publicly-traded Canadian commercial real estate companies and is listed on the Toronto stock exchange under the symbol BPP. We own, develop and manage premier commercial office properties in select Canadian cities.
Our strategy of owning, pro-actively managing and developing premier properties in supply-constrained, barrier-to-entry, high-growth markets has created one of Canada's most distinguished portfolios of office properties. Our portfolio consists of 29 commercial properties totaling 19.5 million square feet and five development projects totaling 5.6 million square feet. Our primary markets are the financial, energy and government-center cities of Toronto, Ottawa, Calgary, Edmonton and Vancouver. We intend to continue our strategy of concentrating operations within a select number of supply-constrained markets with attractive tenant bases in order to maintain a meaningful presence and build on the strength of our tenant relationships within these markets.
We remain focused on the following strategic priorities:
- Surfacing value from our properties through pro-active leasing and select redevelopment initiatives;
- Prudent capital management including the refinancing of mature properties and investing in joint venture opportunities with institutional partners who seek to benefit from the depth of our expertise;
- Monetizing development assets as the economy rebounds and continued supply constraints create opportunities.
