Value20202021202220232024TTMSelling/general/admin expenses816 M924 M930 M1.4 B1.39 B—Research & development——————Operating income5.89 B6.74 B6.99 B8.84 B8.47 B—Non-Operating Income, Total——————Interest expense, net of interest capitalized——————Non-Operating Income, excl. Interest Expenses——————Unusual income/expense——————Pretax income1.84 B3.99 B1.28 B2.27 B1.71 B—Equity in earnings——————Taxes220 M490 M281 M419 M289 M—Non-controlling/minority interest——————After tax other income/expense——————Net income before discontinued operations2.06 B3.5 B996 M1.85 B2 B—Discontinued operations——————Net income2.06 B3.5 B996 M1.85 B2 B—Dilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders——————Basic earnings per share (Basic EPS)——————Diluted earnings per share (Diluted EPS)——————Average basic shares outstanding——————Diluted shares outstanding——————EBITDA——————EBIT——————Cost of revenue——————Other cost of goods sold——————Depreciation & amortization (cash flow)319 M—————
Brookfield Property Partners L.P. - 6.375% Class A Cumulative R
Brookfield Property Partners L.P. is a limited partnership that owns office buildings and shopping centers/shopping malls, as well as minority limited partner interests in investment funds sponsored by affiliates that invest in other types of commercial property. It is headquartered in Hamilton, Bermuda.
The partnership is a wholly owned subsidiary of Brookfield Corporation, but it has outstanding publicly traded preferred stock. The partnership owns a 35.89% general partnership interest in Brookfield Properties, while a 63.46% beneficial interest in Brookfield Properties is owned by Brookfield Corporation.
The partnership was formed in January 2013 and in April 2013, Brookfield Corporation completed the corporate spin-off of the partnership. In August 2018, the partnership acquired the interests in GGP Inc. that it did not already own. In July 2021, the partnership once again became a wholly owned subsidiary of Brookfield Corporation.
In 2023, approximately 65% of the partnership's revenues were generated in the United States, while 35% of revenues originated from Canada, Australia, the United Kingdom, Europe, Brazil and Asia.