Brookfield Asset Management buying at Brookfield Property Partners (BPY)

Brookfield Asset Management buying at Brookfield Property Partners (T:BPY)

Brookfield Asset Management Inc.(BAM), a 10% Holder, acquired 20,545,661 Limited Partnership Units on an indirect ownership basis for registered holder BPGUSH New Subco LP at a price of US$13.480 on November 20th and 2,290,731 Limited Partnership Units on an indirect ownership basis for registered holder Brookfield Real Estate Partners (K) SIB L.P. at a price of US$13.28 on November 19th, 2020. This represents a $401,808,221 investment into the company's shares and an account share holdings change of 18.5%.

Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is a real estate with approximately US$88 billion in total assets. Its global portfolio includes office, retail, multifamily, logistics, hospitality, self-storage, triple net lease, manufactured housing and student housing.