Douglas Emmett Tenants
A forum for those who live and work at Douglas Emmett facilities to discuss issues and stay informed
A project of the Operating Engineers, Local 501


Douglas Emmett Inc. Renews Executive Contracts

Posted: January 23rd, 2019

Three executives at Douglas Emmett Inc. have received renewed 5-year employment agreements. The Los Angeles-based real estate trust’s chief executive officer, chief operations officer and chief investment officer all received generous contracts extending their employment until 2023 even though the company pays many of its skilled engineers minimum wage to live in one of the country’s most expensive cities.


Tagged: Tenant Issues - Health, Safety & Maintenance, Tenant Issues - Executive Compensation

DE Quarterly Dividend

Posted: January 4th, 2019

On 6 December 2018, Douglas Emmett Inc. announced that its Board of Directors had declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis. The dividend will be paid on January 15, 2019, to shareholders of record as of December 31, 2018. This represents a 4% increase over the company’s prior 2018 quarterly dividend of $0.25.


Tagged: Tenant Issues - Health, Safety & Maintenance, Tenant Issues - Executive Compensation

Panama Government Investigates Companies Linked to Qatar Elites while Conducting Business with Qatari State

Posted: December 17th, 2018

While the Intendance for Supervision and Regulation of Non-Financial Subjects looks into the three companies linked to Qatari royalty, the Panamanian government is conducting business with the Qatari state. The Qatar Investment Authority—through its wholly owned real estate development subsidiary Qatari Diar—is working with London & Regional Properties Limited, a Colombian billionaire named Jaime Gilinski, and the Panamanian government to build a master-planned city of 20,000 new residential properties called Panama Pacifico, located on the banks of the Panama Canal.


Tagged: More on Qatar - Al Thani Family, More on Qatar - Offshore Assets

The Process – Finding Qatari Records in Panama

Posted: December 10th, 2018

Our last post revealed that three Panama-based firms with ties to Qatar’s Al Thani royal family had been named in a letter sent by the Intendance for Supervision and Regulation of Non-Financial Subjects, a Panamanian governmental entity responsible for supervising and regulating non-financial obligors. Its mandate concerns the prevention of money laundering, financing of terrorism, and financing of weapons of mass destruction. DE-Tenants.org would like to walk our readers through the process of acquiring publicly available data from the Panama corporate registry.


Tagged: More on Qatar - Al Thani Family, More on Qatar - Offshore Assets

Panama Anti-Money Laundering Authority requests information on 3 companies linked to Qatari royalty

Posted: December 3rd, 2018

The Gulf nation of Qatar has used its sovereign wealth fund to make a multi-billion investment in Los Angeles real estate with joint venture partner Douglas Emmett Inc. (NYSE: DEI). As part of our ongoing research project into Douglas Emmett Inc., DE-Tenants.org began researching the company’s ambitious partnership. In the process, we have published extensively on the Qatari royalty who control the sovereign wealth fund, called the Qatar Investment Authority (QIA). Today we are continuing to publish information about the Qatari royalty and their offshore assets, including the former Emir and the former Prime Minister.


Tagged: More on Qatar - Al Thani Family, More on Qatar - Offshore Assets

New Class Action Suit against Douglas Emmett Mirrors Previous Allegations of Labor Violations

Posted: September 26th, 2018

In 2014, Douglas Emmett, Inc. was forced to settle a large-scale class action lawsuit for over $400,000. Complaints filed in the Los Angeles County Superior Court allege that the company systematically underpaid its employees and threatened retaliation against those who spoke out. Despite these issues supposedly being settled, a recent complaint filed in the Los Angeles Superior Court alleges that Douglas Emmett Management, LLC is still practicing many of the same illegal policies and practices.


Tagged: Tenant Issues - Lawsuits

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