Brookfield DTLA Fund Office Trust Investor Inc. | REIT Profile

Symbol: DTLA
CIK: 1575311
Exchange: NYSE
Preferred Stock: DTLAP
Founded: 2013 (11 years)
Type of REIT: Equity REIT
Listing Status: Public
REIT Sector: Office

See DTLA on Yahoo Finance

Brookfield DTLA Fund Office Trust Investor Inc. (NYSE: DTLA-P) owns and invests in high-quality commercial properties in the Los Angeles Central Business District. The company is a subsidiary of Brookfield Property Partners (NASDAQ: BPY; TSX: BPY.UN), one of the world's largest commercial real estate companies, with approximately $69 billion in total assets. Note for Brookfield DTLA Fund Office Trust Investor (NYSE: DTLA-P) Series A Cumulative Redeemable Preferred Shareholders: In connection with the settlement on a class-wide basis of the litigation brought in Maryland State Court and styled as In re MPG Office Trust Inc. Preferred Shareholder Litigation, Case No. 24-C-13-004097, a dividend was declared in December 2015 on its 7.625% Series A Cumulative Redeemable Preferred Stock of $2.25 per share in cash to holders of record at the close of business on December 15, 2015 and was paid on or about January 4, 2016. The company estimates that 20.00% of the aforementioned distribution will constitute an ordinary dividend, 16.066% will constitute a capital gain dividend and the balance will constitute a return of capital for U.S. federal income tax purposes. Please consult your tax advisor on any implications for this.