Notes:  July 26, 2021 -- 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. Pursuant to the terms of the transaction and subject to pro-ration, unitholders were able to elect to receive, per unit, $18.17 in cash, 0.4006 of a BAM class A limited voting share (“BAM shares”), or 0.7268 of a BPY preferred unit with a liquidation preference of $25.00 per unit (“BPY preferred units”). The BPY preferred units (Nasdaq: BPYPM; TSX: BPYP.PR.A) are expected to begin trading on the Nasdaq Stock Market (“Nasdaq”) and the Toronto Stock Exchange (“TSX”) at market open on July 27, 2021. The BPY units are expected to be de-listed from the TSX and Nasdaq at market close on July 26, 2021. BPY’s 6.50% Class A Cumulative Redeemable Perpetual Preferred Units, Series 1 (NASDAQ: BPYPP), 6.375% Class A Cumulative Redeemable Perpetual Preferred Units, Series 2 (NASDAQ: BPYPO), and 5.75% Class A Cumulative Redeemable Perpetual Preferred Units, Series 3 (NASDAQ: BPYPN) will continue to be listed on Nasdaq. The outstanding shares of class A stock of Brookfield Property REIT Inc. (“BPYU”) (NASDAQ: BPYU) were acquired in connection with the transaction in accordance with the terms of the BPYU charter. The shares of BPYU class A stock are expected to be de-listed from Nasdaq at market close on July 26, 2021. As previously announced, BPYU’s 6.375% Series A Cumulative Redeemable Preferred Stock (NASDAQ: BPYUP) will be redeemed for cash on August 19, 2021 at its par value of $25.00 per share, plus accumulated and unpaid dividends (whether or not declared) to, but not including, August 19, 2021, which equals approximately $0.21250 per share, without interest. March 2, 2020 -- Brookfield Property REIT Inc. also announced it has changed the ticker symbol on the Nasdaq Stock Market of its Class A stock from “BPR” to “BPYU” and for its Series A preferred stock from “BPRAP” to “BPYUP”. Trading under the new symbol is effective today, Monday, March 2, 2020. __________________ Aug. 28, 2018 -- Brookfield Property Partners L.P. (BPY or Brookfield Property Partners) (NASDAQ: BPY; TSX: BPY.UN) announced today that it has completed its acquisition of GGP Inc. (GGP). In connection with the closing, Brookfield Property REIT Inc. (BPR) has been created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S. REIT stock. BPR’s Class A stock and Series A preferred stock will commence trading today on the NASDAQ under the symbols BPR and BPRAP, respectively.

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Email Address

matthew.cherry@brookfield.com

Address and Phone Numbers

Address:   250 Vesey Street, 15th Floor, New York, NY 10281
Main Phone Number	212-417-7000
Fax Number	Not Available
Investor Relations   Matthew Cherry	212-417-7488

CEO - Bruce Flatt

CFO - Bryan K. Davis