Brookfield Property Partners L.P. (BPY) Reports Q3 FFO of $0.33

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Brookfield Property Partners Reports Third Quarter 2016 Results

November 2, 2016 6:50 AM EDT

BROOKFIELD NEWS, Nov. 02, 2016 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (NYSE: BPY) (TSX:BPY.UN) (the Partnership or BPY) today announced financial results for the quarter ended September 30, 2016.  

Our active capital recycling strategy and same-property growth from our core businesses continue to generate meaningful earnings growth; we have delivered five consecutive quarters of year-over-year Company FFO per unit increases for our shareholders, said Brian Kingston, chief executive officer.  As we approach the final months of the year we are well-positioned to achieve the majority of our strategic objectives for 2016.

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