Brookfield Office Properties Inc.: Brookfield Property Partners

Brookfield Property Partners: The S P/TSX composite index closed down 56.89 points to 12,787.19 as worry about the economic effect of such a shutdown depressed most sectors, according to Times Colonist. Brookfield Property Partners already owns a 51 per cent stake in Brookfield Office Properties. Brookfield Office Properties shares ran ahead $2.45, or 14.17 per cent, to $19.74 while Brookfield Property Partners units were a penny lower at $19.99 and TORONTO - The Toronto stock market closed lower Monday as hopes faded that an 11th-hour deal would emerge on a compromise budget bill that would prevent a partial shutdown of the U.S. government at midnight. A notable exception was the real estate sector, which ran ahead 1.9 per cent as Brookfield Property Partners LP TSX:BPY.UN announced it wants to buy out other shareholders of Brookfield Office Properties Inc. TSX:BPO in a stock-and-cash deal it valued at US$5 billion. (www.immigrantscanada.com). As reported in the news.