Brookfield Property Partners L.P. (BPY) Reports Q2 EPS of $0.12, Revenues Beat

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Brookfield Property Partners Reports Second Quarter 2019 Results

August 2, 2019 6:50 AM EDT

All dollar references are in U.S. dollars, unless noted otherwise.

BROOKFIELD NEWS, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN) (BPY) today announced financial results for the quarter ended June 30, 2019. 

In the second quarter, we achieved earnings growth of 6% and were active in monetizing mature, de-risked assets, said Brian Kingston, Chief Executive Officer. We have continued to allocate additional capital to unit repurchases this year, acquiring over $450 million year-to-date. We continue to believe our units represent the highest-returning investment opportunity available to us today.                    ... More