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About
Brookfield Property Partners LP is a global commercial property company, which owns, operates and invests in office, retail, multifamily, and industrial assets. The company operates its business through Office, Retail and Other segments. The Office segment owns and manages commercial office portfolios, located in major financial, energy, resource and government center cities in the North America, Australia and Europe. The Retail segment owns interests in retail shopping centers in the United States and Brazil. The Other segment comprises of multi-family, industrial, hotel and triple net lease assets. It currently owns interests in multi-family and industrial properties through Brookfield's private funds. Brookfield Property Partners was founded on January 3, 2013 and is headquartered in Hamilton, Bermuda. | |||
Description
Brookfield Property Partners L.P. owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. As of April 1, 2013, the company had interests in approximately 300 office and retail properties covering approximately 250 million square feet; approximately 15,600 multi-family units; and 29 million square feet of industrial space, as well as an 18 million square foot office development pipeline. It also has investments in distressed and under-performing real estate assets and businesses; and commercial real estate mortgages and mezzanine loans. The company is headquartered in Hamilton, Bermuda. Brookfield Property Partners L.P. (NYSE:BPY.WI) operates independently of Brookfield Asset Management Inc. as of April 15, 2013. |