Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

Rhea-AI Summary

Brookfield Property Partners (BPY) has declared quarterly distributions for its preferred units, totaling $0.40625 per unit for BPYPP, $0.3984375 for BPYPO, $0.359375 for BPYPN, and $0.390625 for BPYPM. The payments are due on December 31, 2021, to record holders at the close of business on December 1, 2021. As a prominent real estate firm, Brookfield manages approximately $88 billion in assets, with a diverse portfolio across major global markets, including office, retail, logistics, and hospitality.

Positive

• Quarterly distributions announced for preferred units, providing income to shareholders.
• Strong asset base of approximately $88 billion enhances company stability.

Negative

• None.

All dollar references are in U.S. dollars, unless noted otherwise.

BROOKFIELD NEWS, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners (“BPY” or the "Partnership") announced today that the Board of Directors has declared quarterly distributions on the Partnership’s Class A Nasdaq-listed BPYPP, BPYPO, BPYPN and BPYPM (TSX: BPYP.PR.A) preferred units of $0.40625 per unit, $0.3984375 per unit, $0.359375 per unit and $0.390625 per unit, respectively, payable on December 31, 2021, to holders of record at the close of business on December 1, 2021.

Brookfield Property Partners

Brookfield Property Partners is one of the world’s premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world’s major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.

Brookfield Property Partners is a subsidiary of Brookfield Asset Management Inc., a leading global alternative asset manager with approximately $650 billion in assets under management. More information is available at www.brookfield.com.

Contact:
Rachel Nappi
Investor Relations
Tel.: (212) 417-7169
Email: Rachel.Nappi@brookfield.com

FAQ

What are the dividend amounts for Brookfield Property Partners preferred units?

The dividend amounts for the preferred units are $0.40625 for BPYPP, $0.3984375 for BPYPO, $0.359375 for BPYPN, and $0.390625 for BPYPM.

When is the payment date for the dividends declared by Brookfield Property Partners?

The dividends are payable on December 31, 2021.

What is the record date for the Brookfield Property Partners dividend payments?

The record date for the dividends is December 1, 2021.