Brookfield Property Partners L.P. (BPY) Reports Q3 EPS of $0.46

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Go back to Brookfield Property Partners L.P. (BPY) Reports Q3 EPS of $0.46

Brookfield Property Partners Reports Third Quarter 2019 Results

November 6, 2019 6:55 AM EST

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

BROOKFIELD NEWS, Nov. 06, 2019 (GLOBE NEWSWIRE) --  Brookfield Property Partners L.P. (NASDAQ: BPY; NASDAQ: BPR; TSX: BPY.UN) (BPY) today announced financial results for the quarter ended September 30, 2019. 

In the third quarter we continued to execute our strategy of divesting interests in mature, stable assets at premiums to our carrying values and reinvesting proceeds into development and other higher returning opportunities, including unit buybacks, said Brian Kingston, Chief Executive Officer. Our development pipeline continues to advance and stabilize; recently we were pleased... More