Company: BPYPN
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001545772-25-000008
Chunk: 259

Company: Brookfield Property Partners L.P.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 259
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 properties with a fair value of approximately $ 13.6 16.7

The following table presents the partnership’s investment properties measured at fair value in the consolidated financial statements and the level of the inputs used to determine those fair values in the context of the hierarchy as defined above in IFRS 13 within Note 2(h), Summary of Material Accounting Policies, Fair value measurement.

                      Dec. 31, 2024                                                                          Dec. 31, 2023                         
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                         Level 3                                                                                                   
  (US$ Millions)      Level 1            Commercial properties                  Commercial developments      Level 1                               
  Office              $                  $                          18,360      $                            $                  20,194        859  
  Retail              —                                             18,939      78                           —                  19,385             
  LP Investments      —                                             22,794      677                          —                  38,120      4,290  
  Total               $                  $                          60,093      $                            $                  77,699      5,216  

There were no transfers between levels within the fair value hierarchy related to investment properties during the years ended December 31, 2024 and 2023. Investment properties with a fair value of $ 59.0 76.7

- F-23 -

Fair value sensitivity

The following table presents a sensitivity analysis to the impact of a 25

                          Dec. 31, 2024                                                                                                                         
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  (US$ Millions)          Impact of +25bps DR                 Impact of +25bps TCR                 Impact of +25bps DR and +25bps TCR or +25bps ICR             
  Office                  $                          418      $                           567      $                                                       969  
  Retail                  362                                 565                                  914                                                          
  LP Investments (1)      248                                 477                                  742                                                          
  Total                   $                        1,028      $                         1,609      $                                                     2,625  

(1) The valuation method used to value multifamily, self storage and manufactured housing properties is the direct capitalization method except for certain recently acquired multifamily investments temporarily valued using the discounted cash flow method. The impact of the sensitivity analysis