Business Context and Reporting Period
This Form 6-K is filed by Brascan Corporation (not Brookfield Corp) for the month of March 2005, with a filing date of March 7, 2005. The registrant is a foreign private issuer based in Toronto, Ontario, Canada, and files annual reports on Form 40-F.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report serves primarily as a notice of a material event rather than a financial statement.
Material Changes
The primary material event disclosed is an agreement by the Brascan Real Estate Opportunity Fund to acquire an office property portfolio located in Washington, D.C. This information is detailed in the press release dated March 7, 2005, which is attached as Exhibit 99.1.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, financial guidance, outlook, or specific risk factors related to the acquisition. The document incorporates the press release by reference but does not reproduce its full content.
Investor Verification Checklist
- Verify the total purchase price and financing terms of the Washington, D.C. office property portfolio acquisition.
- Confirm the specific properties included in the portfolio and their current occupancy rates.
- Review the full text of the March 7, 2005 press release (Exhibit 99.1) for details on the transaction structure.
- Check subsequent filings for the closing status of the acquisition and any impact on the Fund's leverage ratios.