Brookfield Property Partners (BPY) Getting the Job Done with Good 1Q14 Results

Brookfield Property Partners (BPY) reported results [Source] for the first quarter 2014 with fully-diluted Funds from Operations (FFO) of $174 million or $0.31/unit compared to $155 million or $0.33/unit in 1Q13. The improvement in FFO was due the increased investments in General Growth Properties (GGP) and Brookfield Office Properties (BPO), same store sales growth in […]

Brookfield Property Partners (BPY) Well Positioned

Brookfield Property Partners (BPY) is a leading global commercial property company with operations that include premier office, retail, multi-family, industrial and hotel assets. The company was spun off from Brookfield Asset Management (BAM) and began trading independently early in 2013 with a 23 year pro forma history of 15.4%/year total returns. After reaching a high […]

Brookfield Asset Management (BAM) Delivers: Properties Spinoff Announced

Brookfield Asset Management Announces Spin-Off of Brookfield Property Partners [Source]: The spinoff of Brookfield Property Partners (BPY) is a special dividend to Brookfield Asset Management’s (BAM) shareholders of record as of March 26, 2013 and payable April 15, 2013. It is the last major step needed to complete the multi-year transformation from a sprawling international […]