The applicants, Brookfield Property Partners L.P., Brookfield Property Finance ULC, and Brookfield Property Preferred Equity Inc., applied to the Ontario Securities Commission for exemptive relief from various continuous disclosure, certification, insider reporting, audit committee, and short form prospectus requirements.
The relief was sought in connection with a plan to file a collective base shelf prospectus authorizing the issuance of debt securities, preference shares, and limited partnership units.
The Commission granted the requested exemptive relief, subject to specific conditions regarding the applicants' corporate structure, guarantees, and compliance with alternative disclosure regimes.