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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weinswig’s Weekly: Retail Media Networks Present a Challenging but Highly Rewarding OpportunityThe 4-5-4 US Retail Calendar, 2024–25Weekly US and UK Store Openings and Closures Tracker 2023, Week 14: Harbor Freight Tools and Urban Outfitters Drive US OpeningsInternational Travel in China: New Competition as WeChat Pay and Alipay Accept Foreign Payment Cards?
