| BROOKFIELD-CORPORATION |
BROOKFIELD-CORPORATION |
90%
|
In connection with the Spin-off, we acquired from Brookfield Corporation substantially all of its commercial property operations, including its office, retail, multifamily and logistics assets. |
| AEO |
American Eagle Outfitters, Inc. |
72%
|
Reciprocal relationship from AEO graph: Reciprocal relationship from BPYPP graph: Item 3.D. “ Key Information - Risk Factors” elsewhere in this annual report on Form 20-F. Credit Risk Credit risk ari… |
| AEO |
American Eagle Outfitters, Inc. |
72%
|
Item 3.D. “ Key Information - Risk Factors” elsewhere in this annual report on Form 20-F. Credit Risk Credit risk arises from the possibility that tenants may be unable to fulfill their lease commitm… |
| BAM |
Brookfield Asset Management Ltd. |
72%
|
Reciprocal relationship from BAM graph: Reciprocal relationship from BPYPP graph: Reciprocal relationship from BAM graph: Reciprocal relationship from BPYPP graph: Reciprocal relationship from BAM gr… |
| BAM |
Brookfield Asset Management Ltd. |
72%
|
ed in support of such loans and notes. Credit risk related to accounts receivable arises from the possibility that tenants may be unable to fulfill their lease commitments. The partnership mitigates … |
| BNT |
Brookfield Wealth Solutions Ltd. |
72%
|
Reciprocal relationship from BNT graph: Reciprocal relationship from BPYPP graph: dom 50 % 50 % Midtown New York Mixed-use Complex Property holding company United States 56 % 56 % U.S. Retail JV Pool… |
| BNT |
Brookfield Wealth Solutions Ltd. |
72%
|
dom 50 % 50 % Midtown New York Mixed-use Complex Property holding company United States 56 % 56 % U.S. Retail JV Pool A Property holding company United States 50 % 50 % Honolulu Shopping Center Prope… |
| MS-PE |
Morgan Stanley |
72%
|
Reciprocal relationship from MS-PE graph: Reciprocal relationship from BPYPP graph: Item 3.D. “ Key Information - Risk Factors” elsewhere in this annual report on Form 20-F. Credit Risk Credit risk a… |
| MS-PK |
Morgan Stanley |
72%
|
Item 3.D. “ Key Information - Risk Factors” elsewhere in this annual report on Form 20-F. Credit Risk Credit risk arises from the possibility that tenants may be unable to fulfill their lease commitm… |
| RY |
Royal Bank of Canada |
72%
|
Reciprocal relationship from RY graph: Reciprocal relationship from BPYPP graph: Reciprocal relationship from RY graph: Reciprocal relationship from BPYPP graph: Item 3.D. “ Key Information - Risk Fa… |
| RY |
Royal Bank of Canada |
72%
|
Item 3.D. “ Key Information - Risk Factors” elsewhere in this annual report on Form 20-F. Credit Risk Credit risk arises from the possibility that tenants may be unable to fulfill their lease commitm… |
| SIG |
Signet Jewelers Limited |
72%
|
Item 3.D. “ Key Information - Risk Factors” elsewhere in this annual report on Form 20-F. Credit Risk Credit risk arises from the possibility that tenants may be unable to fulfill their lease commitm… |
| SIG |
Signet Jewelers Limited |
72%
|
Reciprocal relationship from SIG graph: Reciprocal relationship from BPYPP graph: Reciprocal relationship from SIG graph: Reciprocal relationship from BPYPP graph: Item 3.D. “ Key Information - Risk … |
| VSCO |
Victoria's Secret & Co. |
72%
|
Reciprocal relationship from VSCO graph: Reciprocal relationship from BPYPP graph: Reciprocal relationship from VSCO graph: Reciprocal relationship from BPYPP graph: Item 3.D. “ Key Information - Ris… |
| VSCO |
Victoria's Secret & Co. |
72%
|
Item 3.D. “ Key Information - Risk Factors” elsewhere in this annual report on Form 20-F. Credit Risk Credit risk arises from the possibility that tenants may be unable to fulfill their lease commitm… |
| BERMUDA-LIMITED |
BERMUDA-LIMITED |
62%
|
siness practices; either scenario could result in the failure of our initiatives in new markets and lead to financial losses for us and our operating entities. There are risks of political instabilit… |
| BOP-SPLIT-CORP |
BOP-SPLIT-CORP |
62%
|
ed mandatory convertible non-voting preferred shares for proceeds of $1.6 billion that were ultimately held by a wholly-owned subsidiary of BWS (the “BWS Preferred Shares”). The BWS Preferred Shares … |
| BROOKFIELD-BPY-HOLDINGS-INC |
BROOKFIELD-BPY-HOLDINGS-INC |
62%
|
credit facility pending its final close. • A blended 30% interest in two value-add multifamily funds projecting gross returns of 25%. These funds seek to invest in a geographically diverse portfolio … |
| BROOKFIELD-OAKTREE-HOLDINGS-LLC |
BROOKFIELD-OAKTREE-HOLDINGS-LLC |
62%
|
t part of this annual report, and BPY is not an advisory client of Brookfield, thus any fiduciary duties owed to Brookfield advisory clients described forth therein do not apply to BPY. Such conflict… |
| BROOKFIELD-OFFICE-PROPERTIES-INC |
BROOKFIELD-OFFICE-PROPERTIES-INC |
62%
|
ed mandatory convertible non-voting preferred shares for proceeds of $1.6 billion that were ultimately held by a wholly-owned subsidiary of BWS (the “BWS Preferred Shares”). The BWS Preferred Shares … |
| BROOKFIELD-PROPERTY-FINANCE-ULC-BROOKFIELD-PROPE |
BROOKFIELD-PROPERTY-FINANCE-ULC-BROOKFIELD-PROPE |
62%
|
ed mandatory convertible non-voting preferred shares for proceeds of $1.6 billion that were ultimately held by a wholly-owned subsidiary of BWS (the “BWS Preferred Shares”). The BWS Preferred Shares … |
| BROOKFIELD-PROPERTY-PARTNERS-LIMITED |
BROOKFIELD-PROPERTY-PARTNERS-LIMITED |
62%
|
ferenced floating-rate borrowings, interest rate swaps, interest rate caps, and updated hedge designations. The adoption did not have significant impact on the partnership’s financial reporting. We a… |
| BROOKFIELD-PROPERTY-PREFERRED-EQUITY-INC |
BROOKFIELD-PROPERTY-PREFERRED-EQUITY-INC |
62%
|
ed mandatory convertible non-voting preferred shares for proceeds of $1.6 billion that were ultimately held by a wholly-owned subsidiary of BWS (the “BWS Preferred Shares”). The BWS Preferred Shares … |
| BROOKFIELD-PROPERTY-SPLIT-CORP |
BROOKFIELD-PROPERTY-SPLIT-CORP |
62%
|
NOTE 15. CAPITAL SECURITIES The partnership had the following capital securities outstanding as of December 31, 2025 and 2024: (US$ Millions, except where noted) Shares outstanding Cumulative dividen… |
| CORPORATION-THE-CORPORATION |
CORPORATION-THE-CORPORATION |
62%
|
e issuance of CanHoldco Non-Voting Common Shares to Brookfield Corporation and the management fee structure was amended. Refer to Note 32, Related Parties , of our 2025 Annual Financial Statements fo… |
| GGP-RETAIL-LLC |
GGP-RETAIL-LLC |
62%
|
ed mandatory convertible non-voting preferred shares for proceeds of $1.6 billion that were ultimately held by a wholly-owned subsidiary of BWS (the “BWS Preferred Shares”). The BWS Preferred Shares … |
| PUBLIC-SECURITIES-GROUP |
PUBLIC-SECURITIES-GROUP |
62%
|
t part of this annual report, and BPY is not an advisory client of Brookfield, thus any fiduciary duties owed to Brookfield advisory clients described forth therein do not apply to BPY. Such conflict… |
| SIGNIFICANTLY-LIMITED |
SIGNIFICANTLY-LIMITED |
62%
|
Item 7.B. “ Major Shareholders and Related Party Transactions - Related Party Transactions - Relationship with Brookfield - Conflicts of Interest and Significantly Limited Fiduciary Duties." The BPY … |
| U-S-INVESTMENT-COMPANY |
U-S-INVESTMENT-COMPANY |
62%
|
st all such threats. The techniques used to obtain unauthorized access, disable or degrade service, or sabotage systems change frequently and may be difficult to detect for extended periods of time. … |