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Brookfield Property Partners 6 50 Cumulative Redeemable Perpetual Preferred Units Class A
Previous close
$13.71
Day range
$13.78 - $14.22
Year range
$12.95 - $18.20
Market cap
103.92M USD
Avg Volume
22.50K
P/E ratio
-
Dividend yield
11.50%
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 2.56B | 0.59% |
Operating expense | 379.00M | 3.55% |
Net income | -150.00M | -138.10% |
Net profit margin | -5.87 | -136.69% |
Earnings per share | — | — |
EBITDA | 1.15B | -3.20% |
Effective tax rate | -6.28% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.75B | -31.61% |
Total assets | 133.33B | 2.58% |
Total liabilities | 85.36B | 4.69% |
Total equity | 47.96B | — |
Shares outstanding | 341.87M | — |
Price to book | 0.60 | — |
Return on assets | 1.94% | — |
Return on capital | 2.27% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -150.00M | -138.10% |
Cash from operations | 262.00M | 40.11% |
Cash from investing | -861.00M | -12.99% |
Cash from financing | 601.00M | 55.70% |
Net change in cash | -653.00M | -208.02% |
Free cash flow | -10.51B | -403.57% |
About
Brookfield Property Partners L.P., headquartered in Hamilton, Bermuda, owns office buildings and shopping centers / shopping malls as well as minority limited partner interests in investment funds sponsored by affiliates that invest in other types of commercial property.
The partnership is a wholly-owned subsidiary of Brookfield Corporation; however, it has outstanding publicly-traded preferred stock. The partnership owns a 35.89% general partnership interest in Brookfield Properties; while a 63.46% beneficial interest in Brookfield Properties is owned by Brookfield Corporation.
The partnership was formed in January 2013. In April 2013, Brookfield Corporation completed the corporate spin-off of the partnership. In August 2018, the partnership acquired the interests in GGP Inc. that it did not already own. In July 2021, the partnership once again became a wholly-owned subsidiary of Brookfield Corporation.
In 2023, approximately 65% of the partnership's revenues were generated in the United States, while 35% of revenues originated from Canada, Australia, the United Kingdom, Europe, Brazil and Asia. Wikipedia
Founded
Jan 3, 2013
Website
Employees
30,200