Brookfield Property Partners L.P. (BPY) Misses Q1 FFO by 25c

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Go back to Brookfield Property Partners L.P. (BPY) Misses Q1 FFO by 25c

Brookfield Property Partners Reports First Quarter 2015 Results

April 30, 2015 7:01 AM EDT

HAMILTON, BERMUDA -- (Marketwired) -- 04/30/15 -- Brookfield Property Partners L.P. (NYSE: BPY) (TSX: BPY.UN) today announced financial results for the quarter ended March 31, 2015.

FINANCIAL RESULTS Three Months Ended March 31, --------------------- US$ millions (except per unit amounts) 2015 2014 ---------------------------------------------------------------------------- Company FFO (1,2) $ 181 $ 157 Net income attributable to unitholders (2,3) $ 833 $ 372 Company FFO per unit (4) $ 0.25 $ 0.28 Net income attributable to unitholders per unit(4) $ 1.17 $ 0.67 ---------------------------------------------------------------------------- 1. Company FFO for the three months ended March 31, 2015 excludes a $14 million gain on extinguishment of debt in the retail segment and for the same period in 2014... More