Company: BPYPN
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001545772-25-000008
Chunk: 57

Company: Brookfield Property Partners L.P.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 5
Chunk 57
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amily assets in the U. S. in an opportunistic real estate fund for approximately $920 million.

• We acquired a portfolio of 14 student housing assets in the U. S. in an opportunistic real estate fund for approximately $874 million.

• We sold eight manufactured housing communities in the U. S. in the BSREP II fund for approximately $331 million.

• During the year ended December 31, 2024, we sold partial interests, without loss of control, in certain consolidated assets for net proceeds of approximately $843 million. We used the proceeds from this disposition to repay corporate and asset-level debt.

• On October 4, 2024, Brookfield Wealth Solutions (“ BWS”), completed its acquisition of our interests in BSREP IV. Following the conversion, our retained interest in the BSREP IV investments, does not provide us with control ("Deconsolidation of BSREP IV"). Refer toNote 31, Related Parties of our 2024 annual Financial Statements for further information.

Q3 2024

• We acquired a portfolio of 129 logistics assets in the U. S. in one of our opportunistic real estate funds for approximately $1.3 billion.

• We sold 36 assets from the logistics portfolio in one of our opportunistic real estate funds for approximately $336 million.

• We sold a portfolio of 28 manufactured housing communities in the U. S. in the BSREP II fund for approximately $559 million.

• We sold a hospitality asset in South Korea in the BSREP II fund for approximately $310 million.

• We sold an office and a multifamily asset in the U. S for approximately $276 million.

• We reclassified our LP interest in our BSREP IV investments to assets held for sale. Refer toNote 31, Related Parties of our 2024 annual Financial Statements for further information.

Q2 2024

• We acquired a portfolio of 23 multifamily assets in the U. S. in one of our opportunistic real estate funds for $1.6 billion.

Q1 2024

• We acquired 75 multifamily assets out of foreclosure in the United States in one of our opportunistic real estate funds for $629 million.

• We acquired several logistics assets in the United States, the Netherlands, the United Kingdom and United Arab Emirates in one of our opportunistic real estate funds for $216 million.

• We acquired a student housing asset in the United States in one of our opportunistic real estate funds for $161