Brookfield Property Partners Declares Quarterly Dividends on Listed Preferred Units

Rhea-AI Summary

Brookfield Property Partners (BPY) has announced its quarterly dividend distributions for its Class A Nasdaq-listed preferred units. The distributions are as follows:

• BPYPP: $0.40625 per unit
• BPYPO: $0.3984375 per unit
• BPYPN: $0.359375 per unit
• BPYPM (TSX: BPYP.PR.A): $0.390625 per unit

These dividends will be paid on March 31, 2025, to unitholders of record as of March 3, 2025. BPY operates as a premier real estate company with a diverse global portfolio including office, retail, multifamily, logistics, hospitality, single-family rentals, manufactured housing, student housing, and self-storage properties.

Positive

• Consistent quarterly dividend payments maintained across all preferred unit classes
• Diverse real estate portfolio across multiple property types and markets

Negative

• None.

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

BROOKFIELD NEWS, Jan. 29, 2025 (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 March 31, 2025, to holders of record at the close of business on March 3, 2025.

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 BPY's preferred units in Q1 2025?

BPY's preferred unit dividends for Q1 2025 are: BPYPP ($0.40625), BPYPO ($0.3984375), BPYPN ($0.359375), and BPYPM ($0.390625) per unit.

When is the payment date for BPY's Q1 2025 preferred unit dividends?

The payment date for BPY's Q1 2025 preferred unit dividends is March 31, 2025.

What is the record date for BPY's Q1 2025 preferred dividend distribution?

The record date for BPY's Q1 2025 preferred dividend distribution is March 3, 2025.

What types of properties does Brookfield Property Partners (BPY) own?

BPY owns and operates various property types including office, retail, multifamily, logistics, hospitality, single-family rentals, manufactured housing, student housing, and self-storage properties.