Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

Rhea-AI Summary

Brookfield Property Partners (BPY) has declared quarterly distributions on its Class A Nasdaq-listed preferred units. The distributions are as follows: $0.40625 per unit for BPYPP, $0.3984375 per unit for BPYPO, $0.359375 per unit for BPYPN, and $0.390625 per unit for BPYPM (TSX: BPYP.PR.A). These dividends will be payable on September 27, 2024, to unitholders of record as of September 3, 2024.

Brookfield Property Partners, a subsidiary of Brookfield (NYSE: BN, TSX: BN), is a leading global real estate company. Its diverse portfolio includes office, retail, multifamily, logistics, hospitality, single-family rentals, manufactured housing, student housing, and self-storage properties in major markets worldwide.

Positive

• Consistent quarterly dividend payments to preferred unitholders
• Diverse global real estate portfolio across multiple sectors

Negative

• None.

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

BROOKFIELD NEWS, Aug. 06, 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 September 27, 2024, to holders of record at the close of business on September 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

What are the dividend amounts for Brookfield Property Partners' (BPY) preferred units?

Brookfield Property Partners (BPY) declared quarterly dividends of $0.40625 per unit for BPYPP, $0.3984375 per unit for BPYPO, $0.359375 per unit for BPYPN, and $0.390625 per unit for BPYPM (TSX: BPYP.PR.A).

When is the payment date for Brookfield Property Partners' (BPY) preferred unit dividends?

The payment date for Brookfield Property Partners' (BPY) preferred unit dividends is September 27, 2024.

What is the record date for Brookfield Property Partners' (BPY) preferred unit dividends?

The record date for Brookfield Property Partners' (BPY) preferred unit dividends is September 3, 2024.

What types of properties are in Brookfield Property Partners' (BPY) portfolio?

Brookfield Property Partners' (BPY) portfolio includes office, retail, multifamily, logistics, hospitality, single-family rentals, manufactured housing, student housing, and self-storage properties.