Brookfield Property Partners L.P. (BPY) Reports Q2 FFO of $0.28

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Brookfield Property Partners Reports Second Quarter 2015 Results

August 4, 2015 7:09 AM EDT

HAMILTON, BERMUDA -- (Marketwired) -- 08/04/15 -- Brookfield Property Partners L.P. (NYSE: BPY) (TSX: BPY.UN) today announced financial results for the quarter ended June 30, 2015.

Financial Results ---------------------------------------------------------------------------- Three months ended Six months ended June 30, June 30, ------------------------------------ (US$ millions except per unit amounts) 2015 2014 2015 2014 ---------------------------------------------------------------------------- Company FFO(1) $ 198 193 379 350 Net income attributable to unitholders(1, 2) $ 1,026 892 1,859 1,264 Company FFO per unit(3) $ 0.28 0.28 0.53 0.57 Net income attributable to unitholders per unit(3) $ 1.44 1.31 2.61 2.04 ---------------------------------------------------------------------------- (1.) Non-IFRS measure. See "Basis of Presentation" and "Reconciliation of Non-IFRS Measures" sections below in this news release for the definition and components. (2.)... More