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, with amounts of $0.40625, $0.3984375, $0.359375, and $0.390625, payable on June 30, 2022. The record date for these distributions is June 1, 2022. These distributions reflect the company's ongoing commitment to return income to its shareholders. Brookfield Property Partners is known for owning and operating significant real estate assets globally.

Positive

• Quarterly distributions declared for preferred units, indicating ongoing income for shareholders.
• Strong commitment to returning capital to investors.

Negative

• None.

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

BROOKFIELD NEWS, May 04, 2022 (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 June 30, 2022, to holders of record at the close of business on June 1, 2022.

Brookfield Property Partners

Brookfield Property Partners is one of the world’s premier real estate companies. 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 $690 billion in assets under management. More information is available at www.brookfield.com.

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

FAQ

What are the distribution amounts for Brookfield Property Partners' preferred units?

The distribution amounts are $0.40625, $0.3984375, $0.359375, and $0.390625 for BPYPP, BPYPO, BPYPN, and BPYPM, respectively.

When will the distributions for Brookfield Property Partners be paid?

The distributions will be paid on June 30, 2022.

What is the record date for Brookfield Property Partners' distributions?

The record date for the distributions is June 1, 2022.

How often does Brookfield Property Partners issue distributions?

Brookfield Property Partners issues quarterly distributions on its preferred units.