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SYDNEY-Brookfield Properties Corp., also known as Brookfield Office Properties, has completed an acquisition of 10 office complexes here, as well as two in Perth and four in Melbourne, for $1.4 billion. The eight million square feet of assets boost the trust’s holdings to 77 million square feet, and are the first completed properties for this trust to own outside of North America.

The purchase from parent company Brookfield Asset Management was announced in July, as part of Brookfield Properties Corp.’s push to divest its residential assets. The company is still in the process of releasing its residential holdings, under the umbrella of Carma Developers, to Brookfield Homes Corp. This divestment hasn’t been formalized, a company spokesman tells GlobeSt.com.

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