When Brookfield starts to manage our building, will it change the suppliers servicing our building?

If the supplier is delivering a service to the building pursuant to a purchase order on a time and materials basis, such as repairing a garage door, or if the supplier is providing a commodity to the building, such as cleaning supplies, and we believe the product or service is at a competitive price, neither the Board nor Brookfield would have a reason to change that supplier. Frequently, your current supplier is most familiar with your building and its needs and can supply the proper product or perform the service required in less time and at the best price. In each case, the Corporation will be the beneficiary. If we don’t believe it’s the right product or if we don’t believe the supplier is charging the most competitive price or is doing the work as efficiently as it could be done, we will recommend a change.

Brookfield has access to a wide variety of companies who have been successfully delivering services to our portfolio for many years. Because of the volume of business these companies have with our properties, many supply volume discounts that are provided exclusively to Brookfield managed buildings.