Overview

Brookfield Property Partners (BPY) owns and operates a globally diversified portfolio of high-quality assets that generate sustainable and growing distributions over the long term. With a current yield of 5% and a distribution growth target of 5%–8% annually, BPY offers an attractive risk-adjusted total return to its unitholders.

Investment Highlights

Globally diversified – one of the few publicly traded, global real estate vehicles

Premier quality assets – best-in-class office and retail properties in dynamic markets

Growth – organic growth embedded in the business through same-store growth of 2%-3%, contributions from active development projects and reinvestment of capital at higher returns

Access to a leading asset management group – origination of opportunities through Brookfield’s network and participation in Brookfield-sponsored private real estate funds

Experienced management team with proven track record – demonstrated success of recycling capital and growing returns to unitholders

Brookfield Property Partners L.P.

i n v e s t o r f a c t s h e e t

T R A C K R E C O R D O F G R O W T H

PER-UNIT COMPANY FFO PER-UNIT DISTRIBUTION

0.0

0.3

0.6

0.9

1.2

1.5

2014

TRACK RECORD OF GROWTHPER UNIT COMPANY FFO

2016

$1.11

$1.3611%

CAGR

0.0

0.2

0.4

0.6

0.8

1.0

1.2

2014 2016

$1.00$1.12

6% CAGR

F U T U R E D R I V E R S O F G R O W T H

PER UNIT COMPANY FFO

0.0

0.5

1.0

1.5

2.0

2.5

3.0

2016 2021

$1.36

$2.00–

$2.308%–11%

CAGR

Contribution from active development

+Reinvestment of capital

at higher returns+

Same-store growth of 2%–3%

A N A LY S T C O V E R A G E

Q U I C K F A C T SE X C H A N G E SNYSE: BPYTSX: BPY.UN

~704MTOTAL UNITS OUTSTANDING

$23.67UNIT PRICE1

~$16.7BMARKET CAPITALIZATION1

5%-8%TARGET ANNUAL

DISTRIBUTION GROWTH

80%FFO TARGET

PAYOUT RATIO

$1.18PER UNIT

DISTRIBUTION

5.0%YIELD1

1. As of June 30, 2017

Canaccord Genuity Mark Rothschild

Scotia Capital Mario Saric

RBC Capital Markets Neil Downey

Evercore ISI Sheila McGrath

Investment Professionals and Operating Employees

This fact sheet contains forward-looking statements and information within the meaning of the Canadian provincial securities laws and other “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Forward-looking statements can be identified by the use of words such as “growing,” “target” and “expand” or variations of such words and phrases. Although Brookfield Property Partners believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove correct. The reader should not place undue reliance on forward-looking statements and information, as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Brookfield Property Partners to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Except as required by law, Brookfield Property Partners does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

C O N T A C TMatt Cherry Senior Vice President, Investor Relations and Communications

Tel: 212-417-7488

Email: matthew.cherry@brookfield.com

bpy.brookfield.com

1. At the Brookfield Property Group level which includes assets of BPY and Brookfield-managed funds.

2. Employee figures are as of December 31, 2016.

$5.6B

Operating Segments

C O R E O F F I C E P O R T F O L I O

Class A office assets in gateway markets around the globe

▪ 146 premier properties

▪ 99 million square feet

▪ 92% leased

▪ 8 year average lease term

C O R E R E T A I L P O R T F O L I O

100 of the top 500 malls in the Unites States

▪ 126 best-in-class malls and urban retail properties

▪ 123 million square feet

▪ 95% occupancy

O P P O R T U N I S T I C S T R A T E G Y

Invested in mispriced portfolios and / or properties with significant value-add

▪ 30,400 multifamily units

▪ 19 hospitality properties

▪ 338 triple-net-lease assets

▪ 201 self-storage properties

▪ 45 million square feet of industrial space

▪ 11,000 student housing beds

▪ 114 office properties

▪ 46 retail properties

C A N A D A

15 Professionals530 Employees

$26.0BU K & E U R O P E

60 Professionals9,560 Employees

$11.5BA U S T R A L I A & A S I A

5 Professionals875 Employees

$2.1BB R A Z I L

5 Professionals500 Employees

$104.3BU N I T E D S T A T E S

200 Professionals4,700 Employees

~150BTOTAL RE AUM1

285INVESTMENT PROFESSIONALS

30OFFICES

16KOPERATING EMPLOYEES2