Brookfield Property Partners L. P. is a Bermuda exempted limited partnership that invests in and operates high quality real estate assets worldwide.

The company generates revenue primarily from leasing office and retail properties to tenants and from returns on its limited partnership investments in Brookfield sponsored real estate funds.

The company operates through the following segments: Office, Retail and LP Investments.

• Office segment manages a diversified portfolio of 67 million leasable square feet across 110 office assets in leading global markets including New York London Dubai Toronto and Berlin, comprising Super Core premier properties Core Plus centrally located assets and Value Add and Opportunistic assets aimed at long term holding or shorter term monetization.

• Retail segment oversees 99 million leasable square feet across 96 best in class malls and urban retail properties across the United States, featuring Super Core irreplaceable retail centers in markets such as Honolulu and Las Vegas, Core Plus premier centrally located assets and Value Add and Opportunistic assets in secondary markets.

• LP Investments segment holds equity in Brookfield sponsored real estate opportunity funds targeting high quality assets with operational upside across sectors such as office retail multifamily logistics hospitality mixed use and other alternative real estate, seeking opportunistic returns through realization events and recycling capital into future fund vintages.

The company competes with other office retail multifamily logistics hospitality mixed use and alternative real estate operators public and private real estate companies and funds commercial developers and owners of similar assets, and faces retail competition from online shopping; its competitive advantages stem from the size and scope of its operating platforms the quality and attractiveness of its properties and its management expertise which enable effective competition for tenants in local markets.

The company serves office tenants such as corporate firms and professional services firms retail tenants including retailers restaurants and service providers and institutional investors in its LP investments.