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Organization (Tables)

6 Months Ended

Jun. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Portfolio of properties

The following table summarizes the Company’s portfolio as of June 30, 2021:

Segments						Number of Properties						Square Feet (unaudited)
Consolidated portfolio
Office						52						14,092,789
Studios						3						1,224,403
Land						6						2,504,406
Total consolidated portfolio						61						17,821,598
Unconsolidated portfolio(1)
Office						1						1,491,858
Land						2						691,000
Total unconsolidated portfolio						3						2,182,858
TOTAL(2)						64						20,004,456

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1.Pursuant to a co-ownership agreement with an affiliate of Blackstone Property Partners Lower Fund 1 LP (“Blackstone 1 LP”), the Company owns 20% of the unconsolidated joint venture which owns the Bentall Centre property located in Vancouver, Canada. The Company also owns 50% of the unconsolidated joint venture entity which owns the Sunset Glenoaks Studios development. The square footage shown above represents 100% of the properties. See Note 4 for details.

2.Includes repositioning, redevelopment and development properties.

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- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

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