Brookfield Property Partners L.P. (BPY) Reports Q1 FFO of $0.31/Share

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Go back to Brookfield Property Partners L.P. (BPY) Reports Q1 FFO of $0.31/Share

Brookfield Property Partners Reports First Quarter 2016 Results

May 6, 2016 6:50 AM EDT

BROOKFIELD, NEWS -- (Marketwired) -- 05/06/16 -- Brookfield Property Partners L.P. (NYSE: BPY) (TSX: BPY.UN) (the "Partnership") today announced financial results for the quarter ended March 31, 2016.

Financial Results

---------------------------------------------------------------------------- Three Months Ended Mar. 31, ---------------------- (US$ Millions, except per unit amounts) 2016 2015 ---------------------------------------------------------------------------- Company FFO (1) $ 217 $ 181 Net income attributable to unitholders (1,2) $ 251 $ 833 Company FFO per unit (3) $ 0.31 $ 0.25 Net income attributable to unitholders per unit (3) $ 0.35 $ 1.17 ---------------------------------------------------------------------------- 1. See "Basis of Presentation" and "Reconciliation of Non-IFRS Measures" sections below in this news release for the definition and components. 2.... More