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: Earnings Insights 4Q24, Week 5: Most Companies Report Strong Growth Results This WeekThree Data Points We’re Watching This Week, Week 12: US Retail and Consumer LatestWalmart Investment Community Meeting 2025: From Low-Margin Retailer to Diversified, Digital Profit Engine, But Tariffs Create UncertaintyMarch 2025 US Retail Sales Outlook: Lowering Our Retail Growth Projections in an Uncertain Context
