Company: BPYPN
Filing Date: 2025-06-05
Form Type: CORRESP
Source: 0001104659-25-056805
Chunk: 0

Company: Brookfield Property Partners L.P.
Filing Date: 2025-06-05
Form: CORRESP
Chunk 0
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June 5, 2025

Via EDGAR

United States Securities and Exchange Commission

Division of Corporation Finance
Office of Real Estate & Construction
100 F Street, N.E.
Washington, D.C. 20549

| Attention: | Howard Efron |
|            | Wilson Lee   |

| Re: | Brookfield Property Partners L.P.              
 Form 20-F for the year ended December 31, 2024 
 Filed March 21, 2025                           |
|:----|:-----------------------------------------------|
|     | File No. 001-35505                             |

Dear Ladies and Gentlemen:

On behalf of Brookfield Property Partners L.P.
(the “Company”), please find responses to the comments received from the staff of the Division of Corporation Finance
(the “Staff”) of the Securities and Exchange Commission (the “Commission”) by letter dated May 22,
2025, with respect to the Company’s Form 20-F (File No. 001-35505) (“Form 20-F”) for the Company’s fiscal
year ended December 31, 2024, filed with the Commission on March 21, 2025. The numbered paragraphs below correspond to the numbered comments
in the Staff’s letter and the Staff’s comments are presented in bold italics. Unless otherwise indicated, defined terms used
herein have the meanings set forth in the Form 20-F.

| 1. | We note your disclosure indicates that you maintain capacity under your credit facilities. Please quantify to us and revise                
 future filings to disclose the amounts available under your credit facilities as of the end of the period covered by your periodic report. 
 In addition, your disclosure appears to indicate that you plan to seek technical default waivers. Clarify whether any of your outstanding  
 debt is in technical default or at risk for technical default as of the end of the period covered by your periodic report. To the extent   
 relevant, please revise future filings to discuss existing or potential technical default situations. Reference is made to Item 303(b)(1)  
 of Regulation S-K and 501.03 of the Codification of Financial Reporting Policies.                                                          |

Response: The Company acknowledges the Staff’s comments
and in connection therewith has considered Item 303(b)(1) of Regulation S-K and 501.03 of the Codification of Financial Reporting Policies.

With respect to capacity under the Company’s consolidated
corporate credit facilities, the Company advises the Staff that as of December 31, 202