Brookfield Property REIT [Acquired] | REIT Profile

Symbol: BPY new symbol: NYSE:BAM
CIK: 1545772
Exchange: NASDAQ
HQ: Chicago, IL, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Industrial, Hotel, Office, Self Storage, Retail, Specialty
Internally Managed REIT

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About Brookfield Property REIT [Acquired]

Brookfield Property REIT (NASDAQ: BPY) ("BPY") is a subsidiary of BPY, intended to offer investors economic equivalence to BPY units but in the form of a U.S. REIT security. Dividends on BPYU shares are identical in amount and timing to distributions paid out for BPY units, and BPYU shares are exchangeable on a 1:1 basis for BPY units or their cash equivalence.

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Related Information

Material Source Description
Brookfield Asset Management Completes Privatization of Brookfield Property Partners (2021-07-26) GLOBE NEWSWIRE BROOKFIELD NEWS, July 26, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) and Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) today announced that BAM has completed its previously announced acquisition of all of the limited partnership units of BPY and the exchangeable limited partnership units of Brookfield Office Properties Exchange LP.

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Last updated: 2023-11-29 - v4.8