Company Earnings UpdateBrookfield (NASDAQ: BPY) 4Q18 Results: Beats Consensus, Announces a $500 Million Repurchase Program Coresight Research February 8, 2019 Executive Summary Brookfield reported 4Q18 FFOPS of $0.43, up 19.0% year over year and beating the $0.38 consensus estimate. Net income was $0.51 per unit, compared to $0.17 in the year-ago quarter. Core-office occupancy increased 60 basis points to 93.5%, and new leases signed featured 8% higher rents than expiring leases. During the quarter, the company disposed of four limited partnership (LP) investments, sold five core assets, made six new LP investments and separately launched a bid to repurchase up to $500 million of BPY units and Class A shares. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: Relocalize—Hyper-Local Production with Autonomous Micro-Factories to Cut Costs and Reduce WasteHigh-Tech Retailing—Four Technologies That Retailers Can Use to Enchant Consumers: Insights from the Retail Track at CES 2025Innovator Profile: Kalder—Monetizing Customer Loyalty with White-Label Cashback and RewardsDick’s Sporting Goods To Acquire Foot Locker: Analyzing Store Overlap, Shopper Penetration and Strategic Reach
