Company Earnings Update 3 minutesRegister for Free AccessBrookfield Property Partners (NASDAQ: BPY) 2Q19 Results: Revenue Increases, FFO Beats Estimates Coresight Research August 8, 2019 Executive Summary Brookfield reported 2Q19 FFO per unit of $0.38, up 5.6%, beating the consensus estimate of $0.36. Net income was $0.12 per unit, down 82%. Core retail reached a 95% occupancy rate. The company expects the rate to increase through the remainder of the year to 96%. NOI-weighted sales per square foot were $777, up 5.2% year over year. During the quarter, the company completed $326 million of gross asset dispositions, at prices 9% higher than their International Financial Reporting Standards (IFRS) value. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: November 2023 US Retail Sales: Electronics and Appliance Stores See Sales Growth AccelerateEconomic and Financial Sentiment Hit Six-Month High: China Consumer Survey InsightsEarnings Insights 1Q23, Week 5: Burlington, Deckers, Dick’s and Ulta Post Strong Results; Big Lots, Foot Locker, Kohl’s and Others See Sales DeclineEarnings Insights 4Q22, Week 5: Floor & Decor, TJX and Walmart Post Solid Sales Momentum; Alibaba and Home Depot See Slowed Growth