BPY - BPY STOCK NEWS

Brookfield Property Partners (BPY) declared quarterly distributions on its preferred units, with amounts of $0.40625 for BPYPP, $0.3984375 for BPYPO, $0.359375 for BPYPN, and $0.390625 for BPYPM. These payments are set for September 30, 2022, to holders on record by September 1, 2022. As a leading real estate company, Brookfield operates a diverse portfolio across major markets, encompassing various sectors like office, retail, and hospitality. The Partnership is a subsidiary of Brookfield Asset Management, overseeing approximately $725 billion in assets.

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.

Brookfield Asset Management and Brookfield Property Partners have announced an extension of the joint tax election deadline for eligible Canadian unitholders involved in the BPY privatization that concluded on July 26, 2021. Unitholders who opted for tax-deferred rollover treatment by exchanging BPY units for BAM shares can now submit their election forms until March 31, 2022. This rollover treatment applies only to BAM shares received, excluding cash or BPY preferred units. The form is available on the company’s website.

Brookfield Property Partners has declared quarterly distributions for its preferred units, specifically $0.40625 for BPYPP, $0.3984375 for BPYPO, $0.359375 for BPYPN, and $0.390625 for BPYPM. These payments are set to be made on March 31, 2022, to holders on record as of March 1, 2022. As part of a globally recognized real estate portfolio, Brookfield Property Partners owns diverse assets across major markets, with approximately $690 billion in assets managed by its parent, Brookfield Asset Management.

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.

Brookfield Property Partners (BPY) announced quarterly distributions for its preferred units. The Class A preferred units BPYPP, BPYPO, and BPYPN will distribute $0.40625, $0.39844, and $0.35938 per unit respectively, payable on September 30, 2021, to holders of record on September 1, 2021. Additionally, a pro-rated initial distribution of $0.2734 per unit for new preferred units (BPYPM) will also be paid on September 30, 2021. This signifies continued income for shareholders from one of the world's largest real estate companies, with approximately $88 billion in assets.

BROOKFIELD NEWS, July 26, 2021 - Brookfield Asset Management Inc. has completed its acquisition of Brookfield Property Partners L.P. Unitholders opted to receive, per unit, $18.17 in cash, 0.4006 BAM shares, or 0.7268 BPY preferred units. BPY units will be de-listed after market close on July 26, 2021. Notably, 51.97 million units were elected for cash, while 271.36 million units were elected for BAM shares. The transaction's complexities included adjustments due to unmet BAM share elections. Additionally, BPYU shares will also be de-listed, with preferred stock expected to redeem on August 19, 2021.

Brookfield Property Partners L.P. (BPY) announced unitholder election results related to Brookfield Asset Management Inc.’s acquisition of BPY. Unitholders could receive $18.17 in cash, BAM shares, or BPY preferred units. Election results show that 51,971,192 units opted for cash, 271,358,615 for BAM shares, and 17,970,971 for BPY preferred units. Due to excess demand for BAM shares, unitholders will receive only 54.5316% of the BAM shares elected, with the balance provided in cash and BPY preferred units. The transaction is set to close on July 26, 2021.

Brookfield Asset Management and Brookfield Property Partners have received approval from the Ontario Superior Court for the acquisition of all limited partnership units of BPY. The transaction is expected to close on July 26, 2021, pending standard closing conditions. Additionally, Brookfield Property REIT announced it will redeem its 6.375% Series A Cumulative Redeemable Preferred Stock for cash on August 19, 2021, at a total value of $25.21250 per share, which will cease to trade on the Nasdaq post-redemption.