Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

Rhea-AI Summary

Brookfield Property Partners declared quarterly dividends on its listed preferred units, with distributions ranging from $0.359375 to $0.40625 per unit. The payments are slated for June 28, 2024, to holders of record on June 3, 2024. Brookfield Property Partners is a leading real estate company with a diverse global portfolio.

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

BROOKFIELD NEWS, May 03, 2024 (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 28, 2024, to holders of record at the close of business on June 3, 2024.

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, single-family rentals, manufactured housing, student housing and self-storage.

Brookfield Property Partners is a subsidiary of Brookfield Corporation (NYSE: BN, TSX: BN). More information is available at www.brookfield.com.

Contact:                                                                                                                                                                                                                                                                                                                                                                     
Keren Dubon
Investor Relations
Tel.: (212) 618-3440
Email: Keren.Dubon@brookfield.com

FAQ

When will Brookfield Property Partners pay out the quarterly dividends on its preferred units?

Brookfield Property Partners will pay out the quarterly dividends on June 28, 2024, to holders of record on June 3, 2024.

What is the range of quarterly distributions declared on Brookfield Property Partners' listed preferred units?

The range of quarterly distributions declared are $0.359375 to $0.40625 per unit.

What is the ticker symbol of Brookfield Property Partners?

The ticker symbol of Brookfield Property Partners is BPY.

What kind of properties does Brookfield Property Partners own and operate?

Brookfield Property Partners owns and operates office, retail, multifamily, logistics, hospitality, single-family rentals, manufactured housing, student housing, and self-storage properties.

Who is the parent company of Brookfield Property Partners?

Brookfield Property Partners is a subsidiary of Brookfield

Where can more information about Brookfield Property Partners be found?

More information about Brookfield Property Partners can be found at www.brookfield.com.