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Brookfield Property REIT (BPYU)

Filed: 12 Feb 21, 12:15pm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

INFORMATION STATEMENT TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b) (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2 (b)
Brookfield Property REIT Inc.
(Name of Issuer)
Class A Stock, Par Value $0.01 Per Share
(Title of Class of Securities)
11282X103
(CUSIP Number)
December 31, 2020
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        x    Rule 13d-1 (b)

        o    Rule 13d-1 (c)

        o    Rule 13d-1 (d)

*    The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.




    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




CUSIP No. 11282X103
13GPage 2 of 5 Pages

1
NAME OF REPORTING PERSON

Global X Management Company LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o
   (b) o

3
SEC USE ONLY


4
CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
5SOLE VOTING POWER
2,524,254**
6SHARED VOTING POWER
0
7SOLE DISPOSITIVE POWER
2,524,254**
8SHARED DISPOSITIVE POWER
0
9AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,524,254**
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o


11PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.45%
12
TYPE OF REPORTING PERSON (see instructions)

IA

** See Item 4 of this Filing




CUSIP No. 11282X103
13GPage 3 of 5 Pages
Item 1.
(a)
Name of Issuer
Brookfield Property REIT Inc.

(b)
Address of Issuer’s Principal Executive Offices
250 Vesey Street, 15th Floor, New York, NY, 10281
Item 2.
(a).
(b). (c). Name, Principal Business Address, and Citizenship of Persons Filing:

(1) Global X Management Company LLC (“GXMC”)
     605 Third Avenue, Floor 43
      New York, NY 10158
      Citizenship: DE








(d)
Title of Class of Securities
Class A Stock, Par Value $0.01 Per Share
(e)
CUSIP Number
11282X103

Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)oBroker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)oBank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)oInsurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)oInvestment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)xAn investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)oAn employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)oA parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h)oA savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)oA church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)oGroup, in accordance with §240.13d-1(b)(1)(ii)(J).





CUSIP No. 11282X103
13GPage 4 of 5 Pages
Item 4.  Ownership.
The information in items 1 and 5 through 11 on the cover pages (p. 2 ) on Schedule 13G is hereby incorporated by reference.
GXMC is a registered investment adviser that furnishes investment advice to the Global X SuperDividend® REIT ETF, the Global X SuperDividend® U.S. ETF, and the Global X SuperDividend® ETF (the “Funds”), each a separate series of Global X Funds, an investment company registered under Section 8 of the Investment Company Act of 1940. As a result of its role as investment adviser to the Funds, GXMC may be deemed to be the beneficial owner of shares of Brookfield Property REIT Inc. held by the Funds. However, GXMC does not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Funds and disclaims any ownership associated with such rights.
Item 5.  Ownership of Five Percent or Less of a Class.
Not Applicable.
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
Each of the Global X SuperDividend® REIT ETF, the Global X SuperDividend® U.S. ETF, and the Global X SuperDividend® ETF, set forth in Item 4 above, has the right to receive all dividends from, and the proceeds from the sale of, the securities held in its respective account. These shares were acquired in the ordinary course of business, and not with the purpose of changing or influencing control of the issuer.

Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Not Applicable.
Item 8.  Identification and Classification of Members of the Group.
Not Applicable.
Item 9.  Notice of Dissolution of Group.
Not Applicable.
Item 10.  Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.




CUSIP No. 11282X103
13GPage 5 of 5 Pages
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Global X Management Company LLC
By: /s/ Luis Berruga
Name/Title: Luis Berruga, Chief Executive Officer
Date: February 12, 2021