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Brookfield Properties to pay down debt from Trizec acquisition

by @ 10:43 am on December 11, 2006.

the acquisition of Trizec Properties, Inc. and Trizec Canada, Inc. The money will also repay debt used to finance an additional $437 million US equity interest in Office Fund. Brookfield Properties’ current stake in the fund stands at 61.7 per cent.

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