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Brookfield Property Partners (BPY) Company Profile

Updated Jun 2, 2020
Brookfield Property Partners has the following business profile:
Company's Full Name:Brookfield Property Partners L.P.
Short Name:Brookfield Property Partners
Trading Ticker Symbol:BPY
Primary Exchange:NYSE
Headquarter City/Country:Bermuda
Primary Industry Sector:Finance
Seconday Sub-sector:Real Estate
Main Business Areas: Finance, Real Estate, Real Estate Services
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Brookfield Property Partners stock

Market and Trading Information for Brookfield Property Partners

The following details were available for trading and market data about the stock of Brookfield Property Partners as of writing:
Current Share Price:$10.42
Previous Year's Closing Price:$18.28
Percentage Price Change (YTD):-43%
Market Cap:$9.56 billion
52-week Price Range:$7.1 - $20.58
Dividend Per Share:$1.32
EPS (TTM):1.07
Price-Earnings (Trailing):9.75
Price-Earnings (Forward):19.3

Company Profile and Business Description for Brookfield Property Partners

Brookfield Property Partners L.P., incorporated on January 3, 2013, is a diversified global real estate company. The Company owns, operates and develops a portfolio of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing assets. Its partnership is Brookfield Asset Management Inc.'s public commercial property entity and the primary vehicle through which it invests in real estate on a global basis. The Company operates through four segments: Core Office, Core Retail, Opportunistic and Corporate.

Core Office

The Company develops, owns and manages premier office properties. Its Core Office holdings primarily consist of Brookfield Properties, of which it owns 100% of its common equity, and its 50% interest in Canary Wharf. Its Core Office business consists of 142 properties comprising over 99 million square feet under management and over 33 million square feet of development potential. Its properties are primarily located in commercial business districts, including New York, London, Los Angeles, Washington, D.C., Sydney, Toronto and Berlin. Its Core Office portfolio occupancy stands at 92.3% leased as of December 31, 2016. As of December 31, 2016, it held interests in centrally located development sites with total development potential of over 33 million square feet in the United States, Canada, Australia and Europe. The Company classifies its Core Office development sites into three categories: active development, active planning and held for development.

Core Retail

As of December 31, 2016, its Core Retail business consisted of its 29% ownership interest in GGP Inc. (GGP) through public ownership (34% on a fully-diluted basis, assuming all outstanding warrants are exercised). As of December 31, 2016, its Core Retail portfolio consisted of interests in 127 regional malls and urban retail properties containing over 125 million square feet in the United States.

Opportunistic

Through investments in Brookfield-sponsored real estate funds created to earn attractive returns, it have interests in various real estate sectors around the globe, including office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing. Its ownership in these holdings ranges from 12% to 82%. As of December 31, 2016, its Opportunistic office business consisted of 107 opportunistic office properties comprising 29 million square feet of office space in the United States, United Kingdom, Brazil and Asia. As of December 31, 2016, its Opportunistic retail business consisted of approximately 27 million square feet of opportunistic retail space across 44 properties across the United States and in select Brazilian markets. As of December 31, 2016, its industrial business consisted of over 45 million square feet of industrial space across 182 properties, primarily consisting of modern logistics assets in North America and Europe, with an additional seven million square feet under construction and a land portfolio for the construction of 41 million square feet of warehouse space. As of December 31, 2016, its multifamily business consisted of 104 properties with approximately 30,300 multifamily units across the United States. As of December 31, 2016, its hospitality business consisted of interests in 19 hospitality assets with 14,200 rooms across North America, Europe and Australia. Its North American hotel investing activities are primarily conducted through Thayer Lodging. As of December 31, 2016, its triple net lease business consisted of 340 properties that are leased to automotive dealerships across the United States and Canada on a triple net lease basis. Its triple net lease business is managed through Capital Automotive L.P. As of December 31, 2016, its self-storage business consisted of 175 self-storage facilities comprising approximately 14 million square feet throughout the United States. Its self-storage business is managed through Simply Storage. As of December 31, 2016, its student housing business consisted of 16 student housing properties with over 6,800 beds in the United Kingdom.

5th Floor, 73 Front Street


See Full List of ETFs holding Brookfield Property Partners stock in their respective portfolios.

Peer / Competitor Companies of Real Estate Sector

Along with Brookfield Property Partners L.P., the following other peer (competitor) companies also exist within the same Real Estate - Finance sector whose company profile and dividend history is as follows:

▶ AGNC Investment (AGNCN): AGNC Investment Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for whic....See Detailed Company Profile,  Dividend History

▶ Alexander and Baldwin (ALEX): Alexander & Baldwin, Inc. (A&B), incorporated in March 19, 2012, is a real estate company. The Company operates through three segments: Commercial Real Estate, Land Operations, and Materials and Construction. ....See Detailed Company Profile,  Dividend History

▶ Altisource Asset Management (AAMC): Altisource Asset Management Corporation (Altisource), incorporated on March 15, 2012, provides asset management and corporate governance services to institutional investors. The Companys primary client is Altisource Residential Corporation (Residential). The ....See Detailed Company Profile,  Dividend History

▶ Altisource Residential (RESI): Altisource Residential Corporation, incorporated on July 19, 2012, is a real estate investment trust (REIT). The Company focuses on acquiring, owning and managing single-family rental (SFR) properties throughout the United ....See Detailed Company Profile,  Dividend History

▶ American Finance Trust (AFIN): American Finance Trust, Inc. (Nasdaq: AFIN) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and tra....See Detailed Company Profile,  Dividend History

▶ American Realty Investors (ARL): American Realty Investors, Inc., incorporated on November 1, 1999, is an externally advised and managed real estate investment company that owns a diverse portfolio of income-producing properties and land held ....See Detailed Company Profile,  Dividend History

▶ Americold Realty Trust (COLD): Americold is the world's largest owner and operator of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 156 temperature-controlled warehouses, with approximately 928 mil....See Detailed Company Profile,  Dividend History

▶ Armada Hoffler Properties (AHH): Armada Hoffler Properties, Inc., incorporated on October 12, 2012, is a real estate company. The Company is engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties ....See Detailed Company Profile,  Dividend History

▶ Braemar Hotels & Resorts (BHR): Braemar Hotels & Resorts is a conservatively capitalized REIT that invests primarily in high RevPAR, full-service luxury hotels and resorts. We are listed on the New York Stock Exchange under the symbol BHR and....See Detailed Company Profile,  Dividend History

▶ CBRE Group (CBRE): CBRE Group, Inc., incorporated on February 20, 2001, is a holding company that conducts all of its operations through its subsidiaries. The Company operates as a commercial real estate services and investment company.....See

▶ China HGS Real Estate (HGSH): China HGS Real Estate Inc., formerly China Agro Sciences Corp., incorporated on March 27, 2001, is engaged in real estate development, primarily in the construction and sale of residential apartments, ....See Detailed Company Profile,  Dividend History

▶ CIM Commercial Trust (CMCTP): CIM Commercial is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving urban communities throughout the United States. Its prope....See Detailed Company Profile,  Dividend History

▶ Colliers International (CIGI): Colliers International Group Inc., incorporated on July 31, 1988, is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage ....See Detailed Company Profile,  Dividend History

▶ Colony Capital (CLNY): Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm with assets under management of $44 billion. The Company manages capital on behalf of its stockholders, as well as institutional ....See Detailed Company Profile,  Dividend History

▶ Colony Credit Real Estate (CLNC): Colony Credit Real Estate, Inc. operates as a commercial real estate (CRE) credit real estate investment trust in the United States. It focuses on originating, acquiring, financing, and managing a portfolio of ....See Detailed Company Profile,  Dividend History

▶ Consolidated-Tomoka Land (CTO): Consolidated-Tomoka Land Co., together with its subsidiaries, operates as a diversified real estate operating company in the United States. The company operates through four segments: Income Propertie....See Detailed Company Profile,  Dividend History

▶ CorePoint Lodging (CPLG): CorePoint Lodging Inc., a real estate investment trust company, focuses on midscale and upper-midscale lodging business. As of May 31, 2018, it had a portfolio of 316 hotels and approximately 40,000 rooms acros....See Detailed Company Profile,  Dividend History

▶ Cushman & Wakefield (CWK): Cushman & Wakefield plc provides commercial real estate services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It offers integrated facilities management, project and development, port....See Detailed Company Profile,  Dividend History

▶ Ellington Financial LLC (EFC): Ellington Financial LLC, incorporated on July 9, 2007, is a specialty finance company that acquires and manages mortgage-related and other financial assets. The Companys targeted assets include residential mortgage-backed securities ....See Detailed Company Profile,  Dividend History

▶ Empire State Realty OP (ESBA): Empire State Realty OP, L.P. operates as a subsidiary of Empire State Realty Trust, Inc....See Detailed Company Profile,  Dividend History

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