GlobeNewswire Inc | Feb 2, 2021 06:57AM EST

February 02, 2021

BROOKFIELD NEWS, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Brookfield Property REIT Inc. (NASDAQ: BPYU) announced today that its Board of Directors has declared a quarterly dividend of $0.3325 per share on its Class A Stock payable on March 31, 2021 to shareholders of record at the close of business on February 26, 2021.

The Board of Directors has also declared a quarterly dividend on the 6.375% Series A Cumulative Redeemable Preferred Stock (NASDAQ: BPYUP) of $0.39844 per share payable on April 1, 2021, to stockholders of record on March 15, 2021.

About Brookfield Property REIT Inc.

Brookfield Property REIT Inc. (BPYU) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (BPY) one of the worlds premier real estate companies, with approximately $88 billion in total assets. BPYU was created as a public security that is intended to offer economic equivalence to an investment in BPY in the form of aU.S.REIT stock.

Brookfield Property Partners are leading owners, operators and investors in commercial real estate, with a diversified portfolio of premier office and retail assets, as well as interests in multifamily, triple net lease, logistics, hospitality, self-storage, student housing and manufactured housing assets.

Further information is available at bpy.brookfield.com/bpyu.

Contact:Matt CherrySenior Vice President, Investor Relations Tel.: (212) 417-7488Email: Matthew.Cherry@brookfield.com