Brookfield Property REIT (BPYU)
Brookfield Property REIT Inc. ("BPR") is a subsidiary of Brookfield Property Partners L.P., one of the world's largest commercial real estate companies, with over $85 billion in total assets. BPR was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of a U.S. REIT stock.

Company profile
Ticker
BPYU, BPYUP
Exchange
CEO
Brian Kingston
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
GGP Inc., General Growth Properties, Inc., New GGP, Inc.
SEC CIK
Corporate docs
Subsidiaries
BPR Nimbus LLC • BPR Cumulus LLC • BPR OP, LP • Brookfield Properties Retail Inc. • GGPLP L.L.C. • GGPLP Real Estate LLC • GGP Real Estate Holding I, Inc. • GGP Real Estate Holding II, Inc. • BPY Retail Holdings LLC • BPY Retail Holdings REIT LLC ...
IRS number
272963337
BPYU stock data
Investment data
Securities sold
Number of investors
Calendar
6 Aug 21
17 May 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jul 21 | Brian Kingston | Class A Stock | Other | Dispose J | No | No | 18.17 | 235,000 | 4.27M | 0 |
28 Apr 21 | Bryan K. Davis | Class A Stock | Other | Dispose J | No | No | 0 | 100,000 | 0 | 0 |
Institutional ownership, Q4 2021
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0 |
Total shares | 60.27M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Abu Dhabi Investment Authority | 38.57M | $0 |
Future Fund Board of Guardians | 21.7M | $0 |
Financial report summary
?Management Discussion
- Rental revenues decreased $17.1 million, primarily due to the net impact of COVID rent relief of $20.2 million in the second quarter of 2021, which is related primarily to 2020 rents. This is partially offset due to the $1.2 million increase in termination income in the second quarter of 2021 compared to the second quarter of 2020.
- Other property operating costs increased $13.4 million in the second quarter of 2021 compared to the second quarter of 2020, primarily due to the re-opening of properties that were closed due the effects of the COVID-19 pandemic in second quarter of 2020.
- The provision for impairment of $71.5 million during the second quarter of 2020 is related to an impairment charge recorded on one operating property. There were no impairment charges recorded during the second quarter of 2021 (Note 2).
Content analysis
?Positive | ||
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Readability |
H.S. junior Avg
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New words:
appointing, Atkinson, Brian, broker, Buckland, Carneiro, Caroline, Chairman, Cunha, da, Deerbrook, director, earlier, East, Eastridge, encumbered, Fashion, filled, Grand, intermediary, Kingston, McGregor, Michael, Omar, payoff, Plaza, receivership, resigned, serve, serving, Stonebriar, Teton, Toronto, Tucson, upfront, vacancy, Warren, Willowbrook, Young
Removed:
Brazil, delay, margin
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
30 Jul 21
8-K
Brookfield Asset Management Completes Privatization of
26 Jul 21
8-K
Brookfield Property Partners Announces Results of Unitholder Elections In Privatization Transaction
23 Jul 21
8-K
Regulation FD Disclosure
20 Jul 21
8-K
Results of Operations and Financial Condition
7 May 21
8-K
Brookfield Asset Management Reaches Agreement with Brookfield Property Partners to Acquire 100% of BPY Units
1 Apr 21
8-K
Results of Operations and Financial Condition
2 Feb 21
8-K
Results of Operations and Financial Condition
6 Nov 20
8-K
Unregistered Sales of Equity Securities
6 Oct 20
8-K
Brookfield Property Reit Inc. Announces Final Results of Tender Offer
18 Aug 20
Registration and prospectus
15-12B
Securities registration termination
30 Aug 21
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Aug 21
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Aug 21
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Aug 21
D
$125K in equity, sold $125K, 125 investors
24 Aug 21
25-NSE
Exchange delisting
18 Aug 21
25-NSE
Exchange delisting
26 Jul 21
SC TO-I/A
Issuer tender offer statement (amended)
19 Aug 20
SC TO-I/A
Issuer tender offer statement (amended)
13 Aug 20
SC TO-I/A
Issuer tender offer statement (amended)
10 Aug 20
Proxies
DEFA14A
Additional proxy soliciting materials
30 Apr 20
DEFA14A
Additional proxy soliciting materials
30 Apr 19
PRE 14A
Preliminary proxy
18 Apr 19
DEFM14A
Proxy related to merger
26 Jun 18
DEFA14A
Additional proxy soliciting materials
26 Apr 18
DEFA14A
Additional proxy soliciting materials
3 Apr 17
DEF 14A
Definitive proxy
2 Apr 17
Other
CERT
Certification of approval for exchange listing
26 Aug 18
EFFECT
Notice of effectiveness
27 Jun 18
CORRESP
Correspondence with SEC
25 Jun 18
CORRESP
Correspondence with SEC
24 Jun 18
CORRESP
Correspondence with SEC
19 Jun 18
UPLOAD
Letter from SEC
17 Jun 18
CORRESP
Correspondence with SEC
10 Jun 18
UPLOAD
Letter from SEC
24 May 18
UPLOAD
Letter from SEC
5 Apr 17
CORRESP
Correspondence with SEC
29 Mar 17
Ownership
4
Brookfield Property REIT / Brian Kingston ownership change
28 Jul 21
4
Brookfield Property REIT / Bryan K. Davis ownership change
29 Apr 21
SC 13G
Brookfield Property REIT / Global X Management ownership change
12 Feb 21
SC 13G
Brookfield Property REIT / BROOKFIELD ASSET MANAGEMENT ownership change
11 Feb 21
SC 13G/A
Brookfield Property REIT / VANGUARD ownership change
10 Feb 21
SC 13G/A
Brookfield Property REIT / FMR ownership change
8 Feb 21
4
Brookfield Property REIT / Ric Clark ownership change
12 Nov 20
3
Brookfield Property REIT / Michael J. Warren ownership change
6 Nov 20
3
Brookfield Property REIT / Douglas McGregor ownership change
9 Apr 20
4
Brookfield Property REIT / Bryan K. Davis ownership change
17 Mar 20
Reddit threads
r/Stocks Daily Discussion & Options Trading Thursday - Jun 17, 2021
17 Jun 21
Daily Discussion Thread - June 8th, 2021
8 Jun 21
Daily Discussion Thread - June 4th, 2021
4 Jun 21
Daily Discussion Thread - June 3rd, 2021
3 Jun 21
Daily Discussion Thread - June 2nd, 2021
2 Jun 21
Daily Discussion Thread - June 1st, 2021
1 Jun 21
Daily Discussion Thread - May 28th, 2021
28 May 21
Daily Discussion Thread - May 27th, 2021
27 May 21
Daily Discussion Thread - May 26th, 2021
26 May 21
Daily Discussion Thread - May 25th, 2021
25 May 21