Brookfield Property Partners to Release First Quarter 2021 Financial Results on Friday, May 7, 2021

Rhea-AI Summary

Brookfield Property Partners L.P. (NASDAQ: BPY, TSX: BPY.UN) will release its Q1 2021 financial results on May 7, 2021, before the market opens. The company will not host a conference call for this quarter, nor provide a Supplemental Information package, due to its pending acquisition by Brookfield Asset Management, announced on April 1, 2021. Brookfield Property Partners, a leading real estate company with $88 billion in assets, operates various properties including office, retail, and multifamily across major global markets.

Positive

• Pending acquisition by Brookfield Asset Management shows confidence in BPY's value.

Negative

• No conference call or Supplemental Information package may limit transparency for investors.

BROOKFIELD NEWS, April 13, 2021 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (NASDAQ: BPY, TSX: BPY.UN) announced today that its first quarter 2021 financial results will be released before the market open on Friday, May 7, 2021.

Due to the pending acquisition of all of the limited partnership units of BPY by Brookfield Asset Management as announced on April 1, 2021, the company will not be hosting a conference call this quarter nor will be providing a Supplemental Information package.

The earnings news release will be available on the company’s website, bpy.brookfield.com, before the market open on May 7, 2021.

Brookfield Property Partners

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., 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 the flagship listed real estate company of Brookfield Asset Management Inc., a leading global alternative asset manager with approximately $600 billion in assets under management. More information is available at www.brookfield.com.

Brookfield Property Partners L.P. is listed on the Nasdaq Stock Market and the Toronto Stock Exchange. Brookfield Property REIT Inc. is listed on the Nasdaq Stock Market. Further information is available at bpy.brookfield.com.

Brookfield Contact:

Matt Cherry
Senior Vice President, Investor Relations
Tel: (212) 417-7488
Email: matthew.cherry@brookfield.com

FAQ

When will Brookfield Property Partners report its financial results for Q1 2021?

Brookfield Property Partners will report its Q1 2021 financial results on May 7, 2021.

Why is Brookfield Property Partners not hosting a conference call this quarter?

Brookfield Property Partners is not hosting a conference call this quarter due to its pending acquisition by Brookfield Asset Management.

What is the current asset value of Brookfield Property Partners?

Brookfield Property Partners has approximately $88 billion in total assets.

What properties does Brookfield Property Partners own?

Brookfield Property Partners owns and operates various properties including office, retail, multifamily, logistics, hospitality, and student housing.

Who is acquiring Brookfield Property Partners?

Brookfield Property Partners is being acquired by Brookfield Asset Management.