000154577212/316/30/20252025Q2false1P7YP10Yiso4217:USDxbrli:purebpy:propertyiso4217:EURiso4217:GBPiso4217:CADiso4217:INRiso4217:KRWiso4217:BRLiso4217:AUDiso4217:AEDiso4217:CNYxbrli:sharesbpy:trancheiso4217:USDxbrli:sharesbpy:classbpy:voteiso4217:EURiso4217:USDiso4217:GBPiso4217:USDiso4217:AUDiso4217:USDiso4217:BRLiso4217:USDiso4217:KRWiso4217:USDiso4217:INRiso4217:USDiso4217:GBPiso4217:EURiso4217:CADiso4217:USDiso4217:AEDiso4217:USDiso4217:CNYiso4217:USDiso4217:SEKiso4217:SEKiso4217:USDiso4217:JPYiso4217:JPYiso4217:USDiso4217:NZDiso4217:NZDiso4217:USDiso4217:SGDiso4217:SGDiso4217:USDiso4217:SEKiso4217:EURbpy:segment00015457722025-01-012025-06-3000015457722025-06-3000015457722024-12-3100015457722025-04-012025-06-3000015457722024-04-012024-06-3000015457722024-01-012024-06-300001545772ifrs-full:IssuedCapitalMemberbpy:LimitedPartner1Member2024-12-310001545772ifrs-full:RetainedEarningsMemberbpy:LimitedPartner1Member2024-12-310001545772bpy:OwnershipChangesMemberbpy:LimitedPartner1Member2024-12-310001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:LimitedPartner1Member2024-12-310001545772bpy:LimitedPartner1Member2024-12-310001545772ifrs-full:IssuedCapitalMemberbpy:GeneralPartner1Member2024-12-310001545772ifrs-full:RetainedEarningsMemberbpy:GeneralPartner1Member2024-12-310001545772bpy:OwnershipChangesMemberbpy:GeneralPartner1Member2024-12-310001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:GeneralPartner1Member2024-12-310001545772bpy:GeneralPartner1Member2024-12-310001545772ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2024-12-310001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2024-12-310001545772ifrs-full:NoncontrollingInterestsMemberbpy:FVLTIPUnitsOfTheOperatingPartnershipMember2024-12-310001545772ifrs-full:NoncontrollingInterestsMemberbpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2024-12-310001545772ifrs-full:RetainedEarningsMemberbpy:LimitedPartner1Member2025-01-012025-06-300001545772bpy:LimitedPartner1Member2025-01-012025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2025-01-012025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2025-01-012025-06-300001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:LimitedPartner1Member2025-01-012025-06-300001545772ifrs-full:IssuedCapitalMemberbpy:LimitedPartner1Member2025-01-012025-06-300001545772bpy:OwnershipChangesMemberbpy:LimitedPartner1Member2025-01-012025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:FVLTIPUnitsOfTheOperatingPartnershipMember2025-01-012025-06-300001545772ifrs-full:IssuedCapitalMemberbpy:LimitedPartner1Member2025-06-300001545772ifrs-full:RetainedEarningsMemberbpy:LimitedPartner1Member2025-06-300001545772bpy:OwnershipChangesMemberbpy:LimitedPartner1Member2025-06-300001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:LimitedPartner1Member2025-06-300001545772bpy:LimitedPartner1Member2025-06-300001545772ifrs-full:IssuedCapitalMemberbpy:GeneralPartner1Member2025-06-300001545772ifrs-full:RetainedEarningsMemberbpy:GeneralPartner1Member2025-06-300001545772bpy:OwnershipChangesMemberbpy:GeneralPartner1Member2025-06-300001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:GeneralPartner1Member2025-06-300001545772bpy:GeneralPartner1Member2025-06-300001545772ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:FVLTIPUnitsOfTheOperatingPartnershipMember2025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2025-06-300001545772ifrs-full:IssuedCapitalMemberbpy:LimitedPartner1Member2023-12-310001545772ifrs-full:RetainedEarningsMemberbpy:LimitedPartner1Member2023-12-310001545772bpy:OwnershipChangesMemberbpy:LimitedPartner1Member2023-12-310001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:LimitedPartner1Member2023-12-310001545772bpy:LimitedPartner1Member2023-12-310001545772ifrs-full:IssuedCapitalMemberbpy:GeneralPartner1Member2023-12-310001545772ifrs-full:RetainedEarningsMemberbpy:GeneralPartner1Member2023-12-310001545772bpy:OwnershipChangesMemberbpy:GeneralPartner1Member2023-12-310001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:GeneralPartner1Member2023-12-310001545772bpy:GeneralPartner1Member2023-12-310001545772ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2023-12-310001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2023-12-310001545772ifrs-full:NoncontrollingInterestsMemberbpy:FVLTIPUnitsOfTheOperatingPartnershipMember2023-12-310001545772ifrs-full:NoncontrollingInterestsMemberbpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2023-12-3100015457722023-12-310001545772ifrs-full:RetainedEarningsMemberbpy:LimitedPartner1Member2024-01-012024-06-300001545772bpy:LimitedPartner1Member2024-01-012024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2024-01-012024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:FVLTIPUnitsOfTheOperatingPartnershipMember2024-01-012024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2024-01-012024-06-300001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:LimitedPartner1Member2024-01-012024-06-300001545772ifrs-full:IssuedCapitalMemberbpy:LimitedPartner1Member2024-01-012024-06-300001545772bpy:OwnershipChangesMemberbpy:LimitedPartner1Member2024-01-012024-06-300001545772bpy:OwnershipChangesMemberbpy:GeneralPartner1Member2024-01-012024-06-300001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:GeneralPartner1Member2024-01-012024-06-300001545772ifrs-full:IssuedCapitalMemberbpy:LimitedPartner1Member2024-06-300001545772ifrs-full:RetainedEarningsMemberbpy:LimitedPartner1Member2024-06-300001545772bpy:OwnershipChangesMemberbpy:LimitedPartner1Member2024-06-300001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:LimitedPartner1Member2024-06-300001545772bpy:LimitedPartner1Member2024-06-300001545772ifrs-full:IssuedCapitalMemberbpy:GeneralPartner1Member2024-06-300001545772ifrs-full:RetainedEarningsMemberbpy:GeneralPartner1Member2024-06-300001545772bpy:OwnershipChangesMemberbpy:GeneralPartner1Member2024-06-300001545772ifrs-full:AccumulatedOtherComprehensiveIncomeMemberbpy:GeneralPartner1Member2024-06-300001545772bpy:GeneralPartner1Member2024-06-300001545772ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:FVLTIPUnitsOfTheOperatingPartnershipMember2024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2024-06-3000015457722024-06-300001545772bpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2025-01-012025-06-300001545772bpy:InterestsofOthersInOperatingSubsidiariesAndPropertiesMember2024-01-012024-06-300001545772bpy:PreferredEquityMember2025-01-012025-06-300001545772bpy:PreferredEquityMember2024-01-012024-06-300001545772bpy:LimitedPartner1Member2025-01-012025-06-300001545772bpy:LimitedPartner1Member2024-01-012024-06-300001545772bpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2025-01-012025-06-300001545772bpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2024-01-012024-06-300001545772ifrs-full:DisposalGroupsClassifiedAsHeldForSaleMember2025-01-012025-06-300001545772ifrs-full:DisposalGroupsClassifiedAsHeldForSaleMember2024-01-012024-06-300001545772bpy:BrookfieldPropertyL.P.Member2025-01-012025-06-300001545772bpy:SeriesOneClassAPreferredEquityUnitsMember2025-01-012025-06-300001545772bpy:SeriesTwoClassAPreferredEquityUnitsMember2025-01-012025-06-300001545772bpy:PreferredUnitsSeries3Member2025-01-012025-06-300001545772bpy:PreferredUnits6.25Series1Memberbpy:OperatingPartnershipMember2025-01-012025-06-300001545772ifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-12-310001545772ifrs-full:InvestmentPropertyCompletedMember2023-12-310001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2023-12-310001545772ifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2025-01-012025-06-300001545772ifrs-full:InvestmentPropertyCompletedMember2024-01-012024-12-310001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-01-012024-12-3100015457722024-01-012024-12-310001545772ifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2025-06-300001545772ifrs-full:InvestmentPropertyMember2025-06-300001545772ifrs-full:InvestmentPropertyMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-01-012024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-01-012024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-01-012024-12-310001545772bpy:PremierOfficeAndMixedUseComplexesMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:PremierOfficeAndMixedUseComplexesMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772bpy:CorePremierRetailCentersMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:CorePremierRetailCentersMemberifrs-full:DiscountedCashFlowMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772ifrs-full:InvestmentPropertyCompletedMemberifrs-full:IncomeApproachMember2025-06-300001545772ifrs-full:InvestmentPropertyCompletedMemberifrs-full:IncomeApproachMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:Level1OfFairValueHierarchyMember2025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:Level2OfFairValueHierarchyMember2025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:Level1OfFairValueHierarchyMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:Level2OfFairValueHierarchyMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:Level1OfFairValueHierarchyMember2025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:Level2OfFairValueHierarchyMember2025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:Level1OfFairValueHierarchyMember2024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:Level2OfFairValueHierarchyMember2024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level1OfFairValueHierarchyMember2025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level2OfFairValueHierarchyMember2025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level1OfFairValueHierarchyMember2024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level2OfFairValueHierarchyMember2024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-12-310001545772ifrs-full:Level1OfFairValueHierarchyMember2025-06-300001545772ifrs-full:Level2OfFairValueHierarchyMember2025-06-300001545772ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2025-06-300001545772ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2025-06-300001545772ifrs-full:Level1OfFairValueHierarchyMember2024-12-310001545772ifrs-full:Level2OfFairValueHierarchyMember2024-12-310001545772ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyCompletedMember2024-12-310001545772ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-12-310001545772ifrs-full:DiscountRateMeasurementInputMember2025-06-300001545772bpy:TerminalCapitalizationRateMember2025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:DiscountRateMeasurementInputMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:CoreOfficeSectorMemberbpy:TerminalCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:CoreOfficeSectorMemberbpy:DiscountRateTerminalCapitalizationRateAndImpliedCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:DiscountRateMeasurementInputMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:CoreRetailSectorMemberbpy:TerminalCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:CoreRetailSectorMemberbpy:DiscountRateTerminalCapitalizationRateAndImpliedCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:DiscountRateMeasurementInputMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:LPInvestmentsOfficeMemberbpy:TerminalCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:LPInvestmentsOfficeMemberbpy:DiscountRateTerminalCapitalizationRateAndImpliedCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772ifrs-full:DiscountRateMeasurementInputMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:TerminalCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772bpy:DiscountRateTerminalCapitalizationRateAndImpliedCapitalizationRateMemberifrs-full:InvestmentPropertyCompletedMember2025-01-012025-06-300001545772ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMemberifrs-full:BottomOfRangeMember2025-01-012025-06-300001545772ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMemberifrs-full:TopOfRangeMember2025-01-012025-06-300001545772ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMemberifrs-full:BottomOfRangeMember2024-01-012024-12-310001545772ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMemberifrs-full:TopOfRangeMember2024-01-012024-12-310001545772ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMember2025-06-300001545772ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMember2024-12-310001545772ifrs-full:AggregatedIndividuallyImmaterialAssociatesMemberifrs-full:BottomOfRangeMember2025-01-012025-06-300001545772ifrs-full:AggregatedIndividuallyImmaterialAssociatesMemberifrs-full:TopOfRangeMember2025-01-012025-06-300001545772ifrs-full:AggregatedIndividuallyImmaterialAssociatesMemberifrs-full:BottomOfRangeMember2024-01-012024-12-310001545772ifrs-full:AggregatedIndividuallyImmaterialAssociatesMemberifrs-full:TopOfRangeMember2024-01-012024-12-310001545772ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember2025-06-300001545772ifrs-full:AggregatedIndividuallyImmaterialAssociatesMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-01-012025-06-300001545772bpy:CoreOfficeSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-12-310001545772bpy:CoreOfficeSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-01-012024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-01-012025-06-300001545772bpy:CoreRetailSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-12-310001545772bpy:CoreRetailSectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-01-012024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-01-012025-06-300001545772bpy:LPInvestmentsOfficeMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-12-310001545772bpy:LPInvestmentsOfficeMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-01-012024-12-310001545772bpy:PremierOfficeAndMixedUseComplexesMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-06-300001545772bpy:PremierOfficeAndMixedUseComplexesMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-12-310001545772bpy:CorePremierRetailCentersMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2024-12-310001545772bpy:CorePremierRetailCentersMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:DiscountedCashFlowMember2025-06-300001545772bpy:MultifamilySectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:IncomeApproachMember2025-06-300001545772bpy:MultifamilySectorMemberifrs-full:InvestmentsAccountedForUsingEquityMethodMemberifrs-full:IncomeApproachMember2024-12-310001545772ifrs-full:JointVenturesMemberifrs-full:AssociatesMember2025-06-300001545772ifrs-full:JointVenturesMemberifrs-full:AssociatesMember2024-12-310001545772ifrs-full:JointVenturesMemberifrs-full:AssociatesMember2025-04-012025-06-300001545772ifrs-full:JointVenturesMemberifrs-full:AssociatesMember2024-04-012024-06-300001545772ifrs-full:JointVenturesMemberifrs-full:AssociatesMember2025-01-012025-06-300001545772ifrs-full:JointVenturesMemberifrs-full:AssociatesMember2024-01-012024-06-300001545772bpy:BuildingAndBuildingImprovements1Memberifrs-full:BottomOfRangeMember2025-01-012025-06-300001545772bpy:BuildingAndBuildingImprovements1Memberifrs-full:TopOfRangeMember2025-01-012025-06-300001545772ifrs-full:LeaseholdImprovementsMember2025-01-012025-06-300001545772ifrs-full:FixturesAndFittingsMemberifrs-full:BottomOfRangeMember2025-01-012025-06-300001545772ifrs-full:FixturesAndFittingsMemberifrs-full:TopOfRangeMember2025-01-012025-06-300001545772ifrs-full:GrossCarryingAmountMember2024-12-310001545772ifrs-full:GrossCarryingAmountMember2023-12-310001545772ifrs-full:GrossCarryingAmountMember2025-01-012025-06-300001545772ifrs-full:GrossCarryingAmountMember2024-01-012024-12-310001545772ifrs-full:GrossCarryingAmountMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2025-01-012025-06-300001545772ifrs-full:GrossCarryingAmountMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2024-01-012024-12-310001545772ifrs-full:GrossCarryingAmountMember2025-06-300001545772bpy:AccumulatedRevaluationAndImpairmentMember2024-12-310001545772bpy:AccumulatedRevaluationAndImpairmentMember2023-12-310001545772bpy:AccumulatedRevaluationAndImpairmentMember2025-01-012025-06-300001545772bpy:AccumulatedRevaluationAndImpairmentMember2024-01-012024-12-310001545772bpy:AccumulatedRevaluationAndImpairmentMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2025-01-012025-06-300001545772bpy:AccumulatedRevaluationAndImpairmentMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2024-01-012024-12-310001545772bpy:AccumulatedRevaluationAndImpairmentMember2025-06-300001545772ifrs-full:AccumulatedDepreciationAndAmortisationMember2024-12-310001545772ifrs-full:AccumulatedDepreciationAndAmortisationMember2023-12-310001545772ifrs-full:AccumulatedDepreciationAndAmortisationMember2025-01-012025-06-300001545772ifrs-full:AccumulatedDepreciationAndAmortisationMember2024-01-012024-12-310001545772ifrs-full:AccumulatedDepreciationAndAmortisationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2025-01-012025-06-300001545772ifrs-full:AccumulatedDepreciationAndAmortisationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2024-01-012024-12-310001545772ifrs-full:AccumulatedDepreciationAndAmortisationMember2025-06-300001545772bpy:AccumulatedRevaluationAndImpairmentIncludingNettingMemberMemberifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember2025-01-012025-06-300001545772bpy:AccumulatedRevaluationAndImpairmentIncludingNettingMemberMemberifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember2024-01-012024-12-310001545772bpy:AccumulatedRevaluationAndImpairmentIncludingNettingMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2025-01-012025-06-300001545772bpy:AccumulatedRevaluationAndImpairmentIncludingNettingMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2024-01-012024-12-310001545772bpy:UnitedKingdomAndIrelandMember2025-06-300001545772bpy:UnitedKingdomAndIrelandMember2024-12-310001545772country:KR2025-06-300001545772country:KR2024-12-310001545772bpy:UKAndIrelandShortStayRealEstateSubsidiaryMemberifrs-full:BrandNamesMember2025-06-300001545772bpy:UKAndIrelandShortStayRealEstateSubsidiaryMemberifrs-full:BrandNamesMember2024-12-310001545772ifrs-full:OtherIntangibleAssetsMemberifrs-full:BottomOfRangeMember2025-01-012025-06-300001545772ifrs-full:OtherIntangibleAssetsMemberifrs-full:TopOfRangeMember2025-01-012025-06-300001545772bpy:BrookfieldStrategicRealEstatePartnersIIIMember2025-06-300001545772bpy:BrookfieldStrategicRealEstatePartnersIIIMember2024-12-310001545772bpy:UnitedStatesRetailCompanyMember2025-06-300001545772bpy:UnitedStatesRetailCompanyMember2024-12-310001545772ifrs-full:TradeReceivablesMember2025-06-300001545772ifrs-full:TradeReceivablesMember2024-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMember2025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMember2024-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMember2023-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberbpy:OtherSubsidiariesMember2025-01-012025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberbpy:OtherSubsidiariesMember2024-01-012024-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2025-01-012025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2024-01-012024-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMember2025-01-012025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMember2024-01-012024-12-310001545772srt:OfficeBuildingMembercountry:US2024-12-310001545772srt:OfficeBuildingMembercountry:AU2024-12-310001545772bpy:MallPropertyMembercountry:US2024-12-310001545772srt:HotelMembercountry:US2024-12-310001545772bpy:LogisticsPropertyMembersrt:EuropeMember2024-12-310001545772bpy:ManufacturedHousingPropertyMembercountry:US2024-12-310001545772srt:HotelMembercountry:US2025-01-012025-03-310001545772bpy:MallPropertyMembercountry:US2025-01-012025-03-310001545772srt:OfficeBuildingMembercountry:AU2025-01-012025-03-310001545772bpy:ManufacturedHousingPropertyMembercountry:US2025-01-012025-03-310001545772bpy:LogisticsPropertyMembercountry:US2025-01-012025-03-310001545772bpy:LogisticsPropertyMembersrt:EuropeMember2025-01-012025-03-3100015457722025-01-012025-03-310001545772srt:OfficeBuildingMembercountry:US2025-04-012025-06-300001545772srt:RetailSiteMembercountry:US2025-04-012025-06-300001545772srt:RetailSiteMembercountry:BR2025-04-012025-06-300001545772bpy:LogisticsPropertyMembercountry:JP2025-04-012025-06-300001545772bpy:LogisticsPropertyMembercountry:KR2025-04-012025-06-300001545772srt:OfficeBuildingMembercountry:US2025-06-300001545772srt:RetailSiteMembercountry:US2025-06-300001545772bpy:LogisticsPropertyMembercountry:ES2025-06-300001545772srt:HotelMembercountry:US2025-06-300001545772srt:MultifamilyMembercountry:US2025-06-300001545772bpy:LogisticsPropertyMembercountry:JP2025-01-012025-03-310001545772bpy:BrookfieldPropertyPartnerscreditfacilitiesMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:BrookfieldPropertyPartnerscreditfacilitiesMember2025-06-300001545772bpy:BrookfieldPropertyPartnerscreditfacilitiesMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:BrookfieldPropertyPartnerscreditfacilitiesMember2024-12-310001545772bpy:BrookfieldPropertyPartnersCorporateBondsMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:BrookfieldPropertyPartnersCorporateBondsMember2025-06-300001545772bpy:BrookfieldPropertyPartnersCorporateBondsMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:BrookfieldPropertyPartnersCorporateBondsMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.TermDebtMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.TermDebtMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.TermDebtMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.TermDebtMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.SeniorSecuredNotesMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.SeniorSecuredNotesMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.SeniorSecuredNotesMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.SeniorSecuredNotesMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.CorporateFacilityMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.CorporateFacilityMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.CorporateFacilityMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.CorporateFacilityMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.JuniorSubordinatedNotesMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.JuniorSubordinatedNotesMember2025-06-300001545772bpy:BrookfieldPropertyREITInc.JuniorSubordinatedNotesMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:BrookfieldPropertyREITInc.JuniorSubordinatedNotesMember2024-12-310001545772bpy:SubsidiaryBorrowingsMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:SubsidiaryBorrowingsMember2025-06-300001545772bpy:SubsidiaryBorrowingsMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:SubsidiaryBorrowingsMember2024-12-310001545772bpy:FundssubscriptioncreditfacilitiesMemberifrs-full:WeightedAverageMember2025-06-300001545772bpy:FundssubscriptioncreditfacilitiesMember2025-06-300001545772bpy:FundssubscriptioncreditfacilitiesMemberifrs-full:WeightedAverageMember2024-12-310001545772bpy:FundssubscriptioncreditfacilitiesMember2024-12-310001545772ifrs-full:FixedInterestRateMemberifrs-full:WeightedAverageMember2025-06-300001545772ifrs-full:FixedInterestRateMember2025-06-300001545772ifrs-full:FixedInterestRateMemberifrs-full:WeightedAverageMember2024-12-310001545772ifrs-full:FixedInterestRateMember2024-12-310001545772ifrs-full:FloatingInterestRateMemberifrs-full:WeightedAverageMember2025-06-300001545772ifrs-full:FloatingInterestRateMember2025-06-300001545772ifrs-full:FloatingInterestRateMemberifrs-full:WeightedAverageMember2024-12-310001545772ifrs-full:FloatingInterestRateMember2024-12-310001545772bpy:DeferredFinancingCostsNettingMember2025-06-300001545772bpy:DeferredFinancingCostsNettingMember2024-12-310001545772ifrs-full:DisposalGroupsClassifiedAsHeldForSaleMember2025-06-300001545772ifrs-full:DisposalGroupsClassifiedAsHeldForSaleMember2024-12-310001545772currency:USD2025-06-300001545772currency:USD2024-12-310001545772currency:EUR2025-06-300001545772currency:EUR2024-12-310001545772currency:GBP2025-06-300001545772currency:GBP2024-12-310001545772currency:CAD2025-06-300001545772currency:CAD2024-12-310001545772currency:INR2025-06-300001545772currency:INR2024-12-310001545772currency:KRW2025-06-300001545772currency:KRW2024-12-310001545772currency:BRL2025-06-300001545772currency:BRL2024-12-310001545772currency:AUD2025-06-300001545772currency:AUD2024-12-310001545772currency:AED2025-06-300001545772currency:AED2024-12-310001545772currency:CNY2025-06-300001545772currency:CNY2024-12-310001545772bpy:BSREPDebtObligationsMember2025-01-012025-06-300001545772bpy:BSREPDebtObligationsMember2024-01-012024-12-310001545772bpy:REITDebtObligationsMember2025-01-012025-06-300001545772bpy:REITDebtObligationsMember2024-01-012024-12-310001545772bpy:SeriesThreeClassAPreferredEquityUnitsMemberbpy:OperatingPartnershipMember2025-06-300001545772bpy:SeriesThreeClassAPreferredEquityUnitsMemberbpy:OperatingPartnershipMember2025-01-012025-06-300001545772bpy:SeriesThreeClassAPreferredEquityUnitsMemberbpy:OperatingPartnershipMember2024-12-310001545772bpy:LimitedPartnerUnitsMemberbpy:OperatingPartnershipMember2025-06-300001545772bpy:LimitedPartnerUnitsMemberbpy:OperatingPartnershipMember2024-12-310001545772bpy:SeriesOneSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-06-300001545772bpy:SeriesOneSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-01-012025-06-300001545772bpy:SeriesOneSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2024-12-310001545772bpy:SeriesTwoSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-06-300001545772bpy:SeriesTwoSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-01-012025-06-300001545772bpy:SeriesTwoSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2024-12-310001545772bpy:SeriesThreeSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-06-300001545772bpy:SeriesThreeSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-01-012025-06-300001545772bpy:SeriesThreeSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2024-12-310001545772bpy:SeriesFourSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-06-300001545772bpy:SeriesFourSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2025-01-012025-06-300001545772bpy:SeriesFourSeniorPreferredSharesMemberbpy:BrookfieldPropertySplitCorpBOPSplitMember2024-12-310001545772bpy:SeriesAPreferredSharesMemberbpy:RouseMember2025-06-300001545772bpy:SeriesAPreferredSharesMemberbpy:RouseMember2025-01-012025-06-300001545772bpy:SeriesAPreferredSharesMemberbpy:RouseMember2024-12-310001545772ifrs-full:PreferenceSharesMemberbpy:BSREPVIronREITL.P.Member2025-01-012025-06-300001545772ifrs-full:PreferenceSharesMemberbpy:BSREPVIronREITL.P.Member2025-06-300001545772ifrs-full:PreferenceSharesMemberbpy:BSREPVIronREITL.P.Member2024-12-310001545772ifrs-full:PreferenceSharesMemberbpy:BrookfieldIndiaRealEstateTrustMember2025-06-300001545772ifrs-full:PreferenceSharesMemberbpy:BrookfieldIndiaRealEstateTrustMember2024-12-310001545772bpy:FundSubsidiariesMember2025-06-300001545772bpy:FundSubsidiariesMember2024-12-3100015457722014-12-040001545772bpy:PreferredEquityTrancheThreeMember2014-12-040001545772bpy:PreferredEquityTrancheTwoMember2014-12-040001545772bpy:PreferredEquityTrancheOneMember2014-12-0400015457722014-12-042014-12-040001545772bpy:PreferredEquityTrancheOneMember2014-12-042014-12-040001545772bpy:PreferredEquityTrancheTwoMember2014-12-042014-12-040001545772bpy:PreferredEquityTrancheThreeMember2014-12-042014-12-040001545772bpy:PreferredEquityTrancheOneMember2021-12-302021-12-300001545772bpy:PreferredEquityTrancheTwoMember2024-12-312024-12-310001545772ifrs-full:PreferenceSharesMemberbpy:BrookfieldIndiaRealEstateTrustMember2025-01-012025-06-300001545772bpy:BSREPIVMember2025-01-012025-06-300001545772bpy:BSREPIVMember2024-01-012024-12-310001545772bpy:IndiaREITMember2025-01-012025-06-300001545772bpy:IndiaREITMember2024-01-012024-12-310001545772bpy:GeneralPartner1Member2025-01-012025-06-300001545772bpy:LimitedPartner1Member2025-06-300001545772bpy:GeneralPartner1Member2025-06-300001545772bpy:GeneralPartner1Member2024-12-310001545772bpy:LimitedPartner1Member2024-12-310001545772bpy:RedeemableandExchangeableUnitsMember2025-06-300001545772bpy:RedeemableandExchangeableUnitsMember2024-12-310001545772bpy:SpecialLPUnitsMember2024-12-310001545772bpy:SpecialLPUnitsMember2025-06-300001545772bpy:FVLTIPoftheOperatingPartnershipMember2025-01-012025-06-300001545772bpy:RestrictedStockUnitsRSUsMemberbpy:BPYFairValueLTIPUnitPlanMember2025-06-300001545772bpy:RestrictedStockUnitsRSUsMemberbpy:BPYFairValueLTIPUnitPlanMember2024-12-310001545772bpy:SeriesOneClassAPreferredEquityUnitsMember2025-06-300001545772bpy:SeriesTwoClassAPreferredEquityUnitsMember2025-06-300001545772bpy:SeriesThreeClassAPreferredEquityUnitsMember2025-06-300001545772ifrs-full:PreferenceSharesMember2025-06-300001545772ifrs-full:PreferenceSharesMember2024-12-310001545772bpy:LimitedPartner1Member2025-04-012025-06-300001545772bpy:LimitedPartner1Member2024-04-012024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2025-04-012025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:RedeemableExchangeableAndSpecialLimitedPartnershipUnitsMember2024-04-012024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:SpecialLPUnitsMember2025-04-012025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:SpecialLPUnitsMember2024-04-012024-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:SpecialLPUnitsMember2025-01-012025-06-300001545772ifrs-full:NoncontrollingInterestsMemberbpy:SpecialLPUnitsMember2024-01-012024-06-300001545772bpy:CorporateHoldingEntitiesMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-01-012025-06-300001545772bpy:CorporateHoldingEntitiesMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-01-012024-12-310001545772bpy:CorporateHoldingEntitiesMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:CorporateHoldingEntitiesMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:BPOMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-01-012025-06-300001545772bpy:BPOMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-01-012024-12-310001545772bpy:BPOMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:BPOMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:USRetailMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-01-012025-06-300001545772bpy:USRetailMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-01-012024-12-310001545772bpy:USRetailMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:USRetailMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:USManufacturedHousingMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-01-012025-06-300001545772bpy:USManufacturedHousingMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-01-012024-12-310001545772bpy:USManufacturedHousingMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:USManufacturedHousingMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:U.S.MultifamilyMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-01-012025-06-300001545772bpy:U.S.MultifamilyMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-01-012024-12-310001545772bpy:U.S.MultifamilyMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:U.S.MultifamilyMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:KoreaMixedUseMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-01-012025-06-300001545772bpy:KoreaMixedUseMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-01-012024-12-310001545772bpy:KoreaMixedUseMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:KoreaMixedUseMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:U.K.AndIrelandShortStayMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-01-012025-06-300001545772bpy:U.K.AndIrelandShortStayMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-01-012024-12-310001545772bpy:U.K.AndIrelandShortStayMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:U.K.AndIrelandShortStayMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:OtherMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMemberifrs-full:BottomOfRangeMember2025-01-012025-06-300001545772bpy:OtherMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMemberifrs-full:TopOfRangeMember2025-01-012025-06-300001545772bpy:OtherMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMemberifrs-full:BottomOfRangeMember2024-01-012024-12-310001545772bpy:OtherMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMemberifrs-full:TopOfRangeMember2024-01-012024-12-310001545772bpy:OtherMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2025-06-300001545772bpy:OtherMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMember2024-12-310001545772bpy:BPOMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMemberifrs-full:BottomOfRangeMember2025-01-012025-06-300001545772bpy:BPOMemberifrs-full:SubsidiariesWithMaterialNoncontrollingInterestsMemberifrs-full:TopOfRangeMember2025-01-012025-06-300001545772bpy:RoomFoodAndBeverageMember2025-04-012025-06-300001545772bpy:RoomFoodAndBeverageMember2024-04-012024-06-300001545772bpy:RoomFoodAndBeverageMember2025-01-012025-06-300001545772bpy:RoomFoodAndBeverageMember2024-01-012024-06-300001545772bpy:GamingAndOtherLeisureActivitiesMember2025-04-012025-06-300001545772bpy:GamingAndOtherLeisureActivitiesMember2024-04-012024-06-300001545772bpy:GamingAndOtherLeisureActivitiesMember2025-01-012025-06-300001545772bpy:GamingAndOtherLeisureActivitiesMember2024-01-012024-06-300001545772bpy:OtherHospitalityRevenueMember2025-04-012025-06-300001545772bpy:OtherHospitalityRevenueMember2024-04-012024-06-300001545772bpy:OtherHospitalityRevenueMember2025-01-012025-06-300001545772bpy:OtherHospitalityRevenueMember2024-01-012024-06-300001545772bpy:CommercialPropertyMember2025-04-012025-06-300001545772bpy:CommercialPropertyMember2024-04-012024-06-300001545772bpy:CommercialPropertyMember2025-01-012025-06-300001545772bpy:CommercialPropertyMember2024-01-012024-06-300001545772bpy:HospitalityPropertyMember2025-04-012025-06-300001545772bpy:HospitalityPropertyMember2024-04-012024-06-300001545772bpy:HospitalityPropertyMember2025-01-012025-06-300001545772bpy:HospitalityPropertyMember2024-01-012024-06-300001545772ifrs-full:InvestmentPropertyCompletedMember2025-04-012025-06-300001545772ifrs-full:InvestmentPropertyCompletedMember2024-04-012024-06-300001545772ifrs-full:InvestmentPropertyCompletedMember2024-01-012024-06-300001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2025-04-012025-06-300001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-04-012024-06-300001545772ifrs-full:InvestmentPropertyUnderConstructionOrDevelopmentMember2024-01-012024-06-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIMember2013-12-310001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIMember2025-06-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIIMember2016-04-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIIMember2025-06-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFund5Member2017-11-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFund5Member2025-06-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldFairfieldU.S.MultifamilyValueAddFundMember2018-09-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldFairfieldU.S.MultifamilyValueAddFundMember2025-06-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersIIIMember2019-01-310001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersIIIMember2025-06-300001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldEuropeanRealEstatePartnershipFundMember2020-10-310001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2022-12-310001545772bpy:BrookfieldCorporationMemberbpy:BrookfieldStrategicRealEstatePartnersFundIVMember2025-06-300001545772bpy:InterestRateCapsOfUSDollarSOFRDebtMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateCapsOfUSDollarSOFRDebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateCapsOfUSDollarSOFRDebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOfUSDollarSOFRDebtMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOfUSDollarSOFRDebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOfUSDollarSOFRDebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateCapsOfGBPSONIADebtMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateCapsOfGBPSONIADebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateCapsOfGBPSONIADebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOfGBPSONIADebtMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOfGBPSONIADebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOfGBPSONIADebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateCapsOfEuroEURIBORDebtMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOnAUDBBSWBBSYDebtMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOnAUDBBSWBBSYDebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateSwapsOnAUDBBSWBBSYDebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:OtherInterestRateDerivativesMemberifrs-full:CashFlowHedgesMember2025-06-300001545772bpy:InterestRateCapsOfUSDollarSOFRDebtMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateCapsOfUSDollarSOFRDebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateCapsOfUSDollarSOFRDebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOfUSDollarSOFRDebtMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOfUSDollarSOFRDebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOfUSDollarSOFRDebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateCapsOfGBPSONIADebtMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateCapsOfGBPSONIADebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateCapsOfGBPSONIADebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOfGBPSONIADebtMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOfGBPSONIADebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOfGBPSONIADebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateCapsOfEuroEURIBORDebtMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOnAUDBBSWBBSYDebtMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOnAUDBBSWBBSYDebtMemberifrs-full:BottomOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:InterestRateSwapsOnAUDBBSWBBSYDebtMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:OtherInterestRateDerivativesMemberifrs-full:CashFlowHedgesMember2024-12-310001545772bpy:OtherInterestRateDerivativesMemberifrs-full:TopOfRangeMemberifrs-full:CashFlowHedgesMember2024-12-310001545772ifrs-full:CashFlowHedgesMember2025-01-012025-06-300001545772ifrs-full:CashFlowHedgesMember2025-04-012025-06-300001545772ifrs-full:CashFlowHedgesMember2024-01-012024-06-300001545772ifrs-full:CashFlowHedgesMember2024-04-012024-06-300001545772currency:EURifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:EURifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:EURifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:GBPbpy:HedgingInstrumentOneMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:GBPbpy:HedgingInstrumentOneMemberifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:GBPbpy:HedgingInstrumentOneMemberifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:AUDifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:AUDifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:AUDifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:BRLifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:BRLifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:BRLifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:KRWifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:KRWifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:KRWifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:INRifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:INRifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:INRifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:GBPbpy:HedgingInstrumentTwoMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:CADifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:CADifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:CADifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:AEDifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772bpy:ChinaYuanRenminbiOffshoreCNHMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772bpy:ChinaYuanRenminbiOffshoreCNHMemberifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772bpy:ChinaYuanRenminbiOffshoreCNHMemberifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:SEKbpy:HedgingInstrumentOneMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:JPYifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:JPYifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:JPYifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:NZDifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:SGDifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:SEKbpy:HedgingInstrumentTwoMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2025-06-300001545772currency:CADifrs-full:CurrencySwapContractMember2025-06-300001545772currency:CADifrs-full:BottomOfRangeMemberifrs-full:CurrencySwapContractMember2025-06-300001545772currency:CADifrs-full:TopOfRangeMemberifrs-full:CurrencySwapContractMember2025-06-300001545772currency:EURifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:EURifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:EURifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:GBPbpy:HedgingInstrumentOneMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:GBPbpy:HedgingInstrumentOneMemberifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:GBPbpy:HedgingInstrumentOneMemberifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:AUDifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:AUDifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:AUDifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:CNYifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:CNYifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:CNYifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:BRLifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:BRLifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:BRLifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:KRWifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:KRWifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:KRWifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:INRifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:INRifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:INRifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:GBPbpy:HedgingInstrumentTwoMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:GBPbpy:HedgingInstrumentTwoMemberifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:GBPbpy:HedgingInstrumentTwoMemberifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:CADifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:CADifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:CADifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:AEDifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772bpy:ChinaYuanRenminbiOffshoreCNHMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772bpy:ChinaYuanRenminbiOffshoreCNHMemberifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772bpy:ChinaYuanRenminbiOffshoreCNHMemberifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:JPYifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:JPYifrs-full:BottomOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:JPYifrs-full:TopOfRangeMemberifrs-full:HedgesOfNetInvestmentInForeignOperationsMember2024-12-310001545772currency:CADifrs-full:CurrencySwapContractMember2024-12-310001545772currency:CADifrs-full:BottomOfRangeMemberifrs-full:CurrencySwapContractMember2024-12-310001545772currency:CADifrs-full:TopOfRangeMemberifrs-full:CurrencySwapContractMember2024-12-310001545772bpy:InterestRateCapsMemberifrs-full:InterestRateRiskMember2025-06-300001545772bpy:InterestRateCapsMemberifrs-full:InterestRateRiskMemberifrs-full:BottomOfRangeMember2025-06-300001545772bpy:InterestRateCapsMemberifrs-full:InterestRateRiskMemberifrs-full:TopOfRangeMember2025-06-300001545772bpy:InterestRateSwapsOnForecastedFixedRateDebtMemberifrs-full:InterestRateRiskMember2025-06-300001545772bpy:InterestRateSwapsOfUSDollarDebtMemberifrs-full:InterestRateRiskMember2025-06-300001545772bpy:InterestRateSwapsOfUSDollarDebtMemberifrs-full:InterestRateRiskMemberifrs-full:BottomOfRangeMember2025-06-300001545772bpy:InterestRateSwapsOfUSDollarDebtMemberifrs-full:InterestRateRiskMemberifrs-full:TopOfRangeMember2025-06-300001545772bpy:InterestRateCapsMemberifrs-full:InterestRateRiskMember2024-12-310001545772bpy:InterestRateCapsMemberifrs-full:InterestRateRiskMemberifrs-full:BottomOfRangeMember2024-12-310001545772bpy:InterestRateCapsMemberifrs-full:InterestRateRiskMemberifrs-full:TopOfRangeMember2024-12-310001545772bpy:InterestRateSwapsOnForecastedFixedRateDebtMemberifrs-full:InterestRateRiskMember2024-12-310001545772bpy:InterestRateSwapsOfUSDollarDebtMemberifrs-full:InterestRateRiskMember2024-12-310001545772bpy:InterestRateSwapsOfUSDollarDebtMemberifrs-full:InterestRateRiskMemberifrs-full:BottomOfRangeMember2024-12-310001545772bpy:InterestRateSwapsOfUSDollarDebtMemberifrs-full:InterestRateRiskMemberifrs-full:TopOfRangeMember2024-12-310001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:LoansAndNotesReceivableMember2025-06-300001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:LoansAndNotesReceivableMember2024-12-310001545772ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:EquityInvestmentsMember2025-06-300001545772ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:EquityInvestmentsMember2024-12-310001545772bpy:FinancialAssetsAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:DerivativesMember2025-06-300001545772bpy:FinancialAssetsAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:DerivativesMember2024-12-310001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:TradeReceivablesMember2025-06-300001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:TradeReceivablesMember2024-12-310001545772ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:EquityInvestmentsMember2025-06-300001545772ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberifrs-full:EquityInvestmentsMember2024-12-310001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberbpy:OtherMarketableSecuritiesMember2025-06-300001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberbpy:OtherMarketableSecuritiesMember2024-12-310001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberbpy:RestrictedCashMember2025-06-300001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:OtherNoncurrentFinancialAssetsMemberbpy:RestrictedCashMember2024-12-310001545772ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMemberbpy:CurrentAssetsMemberifrs-full:EquityInvestmentsMember2025-06-300001545772ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMemberbpy:CurrentAssetsMemberifrs-full:EquityInvestmentsMember2024-12-310001545772bpy:FinancialAssetsAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberbpy:CurrentAssetsMemberifrs-full:DerivativesMember2025-06-300001545772bpy:FinancialAssetsAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberbpy:CurrentAssetsMemberifrs-full:DerivativesMember2024-12-310001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CurrentAssetsMemberifrs-full:TradeReceivablesMember2025-06-300001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CurrentAssetsMemberifrs-full:TradeReceivablesMember2024-12-310001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CurrentAssetsMemberbpy:RestrictedCashMember2025-06-300001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CurrentAssetsMemberbpy:RestrictedCashMember2024-12-310001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CashAndCashEquivalents1Member2025-06-300001545772ifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CashAndCashEquivalents1Member2024-12-310001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:Borrowing1Member2025-06-300001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:Borrowing1Member2024-12-310001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:CapitalSecuritiesMember2025-06-300001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:CapitalSecuritiesMember2024-12-310001545772ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberbpy:CapitalSecuritiesOfFundSubsidiariesMember2025-06-300001545772ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberbpy:CapitalSecuritiesOfFundSubsidiariesMember2024-12-310001545772ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberbpy:LoanPayableMemberbpy:OtherNoncurrentFinancialLiabilitiesMember2025-06-300001545772ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberbpy:LoanPayableMemberbpy:OtherNoncurrentFinancialLiabilitiesMember2024-12-310001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:AccountsPayableAndOtherMemberbpy:OtherNoncurrentFinancialLiabilitiesMember2025-06-300001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:AccountsPayableAndOtherMemberbpy:OtherNoncurrentFinancialLiabilitiesMember2024-12-310001545772bpy:FinancialLiabilitiesAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberifrs-full:DerivativesMemberbpy:OtherNoncurrentFinancialLiabilitiesMember2025-06-300001545772bpy:FinancialLiabilitiesAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberifrs-full:DerivativesMemberbpy:OtherNoncurrentFinancialLiabilitiesMember2024-12-310001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:AccountsPayableAndOtherMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2025-06-300001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:AccountsPayableAndOtherMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2024-12-310001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:LoansAndNotesPayableMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2025-06-300001545772ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:LoansAndNotesPayableMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2024-12-310001545772bpy:FinancialLiabilitiesAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberifrs-full:DerivativesMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2025-06-300001545772bpy:FinancialLiabilitiesAtFairValueThroughProfitOrLossOrOtherComprehensiveIncomeCategoryMemberifrs-full:DerivativesMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2024-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CurrentAssetsMemberifrs-full:TradeReceivablesMember2025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CurrentAssetsMemberifrs-full:TradeReceivablesMember2024-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberifrs-full:FinancialAssetsAtAmortisedCostCategoryMemberbpy:CashAndCashEquivalents1Member2025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:Borrowing1Member2025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:Borrowing1Member2024-12-310001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2025-06-300001545772ifrs-full:AssetsAndLiabilitiesClassifiedAsHeldForSaleMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMemberbpy:AccountsPayableAndOtherCurrentFinancialLiabilitiesMember2024-12-310001545772ifrs-full:Level1OfFairValueHierarchyMemberifrs-full:AtFairValueMember2025-06-300001545772ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:AtFairValueMember2025-06-300001545772ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:AtFairValueMember2025-06-300001545772ifrs-full:AtFairValueMember2025-06-300001545772ifrs-full:Level1OfFairValueHierarchyMemberifrs-full:AtFairValueMember2024-12-310001545772ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:AtFairValueMember2024-12-310001545772ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:AtFairValueMember2024-12-310001545772ifrs-full:AtFairValueMember2024-12-310001545772ifrs-full:Level3OfFairValueHierarchyMember2024-12-310001545772ifrs-full:Level3OfFairValueHierarchyMember2023-12-310001545772ifrs-full:Level3OfFairValueHierarchyMember2025-01-012025-06-300001545772ifrs-full:Level3OfFairValueHierarchyMember2024-01-012024-12-310001545772ifrs-full:Level3OfFairValueHierarchyMember2025-06-300001545772ifrs-full:ParentMember2025-04-012025-06-300001545772ifrs-full:ParentMember2025-01-012025-06-300001545772ifrs-full:ParentMember2024-04-012024-06-300001545772ifrs-full:ParentMember2024-01-012024-06-300001545772ifrs-full:RelatedPartiesMember2025-06-300001545772ifrs-full:RelatedPartiesMember2024-12-310001545772ifrs-full:AssociatesMember2025-06-300001545772ifrs-full:AssociatesMember2024-12-310001545772ifrs-full:RelatedPartiesMember2025-04-012025-06-300001545772ifrs-full:RelatedPartiesMember2024-04-012024-06-300001545772ifrs-full:RelatedPartiesMember2025-01-012025-06-300001545772ifrs-full:RelatedPartiesMember2024-01-012024-06-300001545772ifrs-full:PreferenceSharesMemberbpy:SubsidiaryOfBrookfieldWealthSolutionsLtdMember2023-08-012023-08-310001545772bpy:BrookfieldStrategicRealEstatePartnersFundIVMember2024-10-042024-10-040001545772ifrs-full:RelatedPartiesMember2024-01-012024-12-310001545772bpy:CoreOfficeSegmentMember2025-04-012025-06-300001545772bpy:CoreOfficeSegmentMember2024-04-012024-06-300001545772bpy:CoreRetailSegmentMember2025-04-012025-06-300001545772bpy:CoreRetailSegmentMember2024-04-012024-06-300001545772bpy:LPInvestsSegmentMember2025-04-012025-06-300001545772bpy:LPInvestsSegmentMember2024-04-012024-06-300001545772bpy:CorporateSegmentMember2025-04-012025-06-300001545772bpy:CorporateSegmentMember2024-04-012024-06-300001545772bpy:CoreOfficeSegmentMember2025-01-012025-06-300001545772bpy:CoreOfficeSegmentMember2024-01-012024-06-300001545772bpy:CoreRetailSegmentMember2025-01-012025-06-300001545772bpy:CoreRetailSegmentMember2024-01-012024-06-300001545772bpy:LPInvestsSegmentMember2025-01-012025-06-300001545772bpy:LPInvestsSegmentMember2024-01-012024-06-300001545772bpy:CorporateSegmentMember2025-01-012025-06-300001545772bpy:CorporateSegmentMember2024-01-012024-06-300001545772bpy:CoreOfficeSegmentMemberifrs-full:OperatingSegmentsMember2025-04-012025-06-300001545772bpy:CoreRetailSegmentMemberifrs-full:OperatingSegmentsMember2025-04-012025-06-300001545772bpy:LPInvestsSegmentMemberifrs-full:OperatingSegmentsMember2025-04-012025-06-300001545772bpy:CorporateSegmentMemberifrs-full:OperatingSegmentsMember2025-04-012025-06-300001545772ifrs-full:OperatingSegmentsMember2025-04-012025-06-300001545772bpy:CoreOfficeSegmentMemberifrs-full:OperatingSegmentsMember2024-04-012024-06-300001545772bpy:CoreRetailSegmentMemberifrs-full:OperatingSegmentsMember2024-04-012024-06-300001545772bpy:LPInvestsSegmentMemberifrs-full:OperatingSegmentsMember2024-04-012024-06-300001545772bpy:CorporateSegmentMemberifrs-full:OperatingSegmentsMember2024-04-012024-06-300001545772ifrs-full:OperatingSegmentsMember2024-04-012024-06-300001545772bpy:CoreOfficeSegmentMemberifrs-full:OperatingSegmentsMember2025-01-012025-06-300001545772bpy:CoreRetailSegmentMemberifrs-full:OperatingSegmentsMember2025-01-012025-06-300001545772bpy:LPInvestsSegmentMemberifrs-full:OperatingSegmentsMember2025-01-012025-06-300001545772bpy:CorporateSegmentMemberifrs-full:OperatingSegmentsMember2025-01-012025-06-300001545772ifrs-full:OperatingSegmentsMember2025-01-012025-06-300001545772bpy:CoreOfficeSegmentMemberifrs-full:OperatingSegmentsMember2024-01-012024-06-300001545772bpy:CoreRetailSegmentMemberifrs-full:OperatingSegmentsMember2024-01-012024-06-300001545772bpy:LPInvestsSegmentMemberifrs-full:OperatingSegmentsMember2024-01-012024-06-300001545772bpy:CorporateSegmentMemberifrs-full:OperatingSegmentsMember2024-01-012024-06-300001545772ifrs-full:OperatingSegmentsMember2024-01-012024-06-300001545772bpy:CoreOfficeSegmentMember2025-06-300001545772bpy:CoreOfficeSegmentMember2024-12-310001545772bpy:CoreRetailSegmentMember2025-06-300001545772bpy:CoreRetailSegmentMember2024-12-310001545772bpy:LPInvestsSegmentMember2025-06-300001545772bpy:LPInvestsSegmentMember2024-12-310001545772bpy:CorporateSegmentMember2025-06-300001545772bpy:CorporateSegmentMember2024-12-31

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

Washington, D.C. 20549

________________________________________________________

FORM 6-K

________________________________________________________

Report of Foreign Private Issuer Pursuant to

Rule 13a-16 or 15d-16

Under the Securities Exchange Act of 1934

For the month of August ~~June~~ 2025

Commission File Number 001-35505

________________________________________________________

BROOKFIELD PROPERTY PARTNERS L.P.

(Exact name of registrant as specified in its charter)

~~________________________________________________________~~73 Front Street, Hamilton, HM 12 Bermuda

73 Front Street, 5th Floor, Hamilton, HM 12 Bermuda

(Address of principal executive offices)

________________________________________________________

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ý x             Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

The information contained in Exhibits 99.1 and 99.2 of this Form 6-K is incorporated by reference into the registrant’s following registration statements on Form F-3: File No. 333-218503, 333-218504, 333-225158 and 333-225163; and the registrant’s following registration statements on Form S-8: File Nos. 333-196622, 333-203042 and 333-227082.

DOCUMENTS FILED AS PART OF THIS FORM 6-K

See the Exhibit List to this Form 6-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date:			August 8, 2025	BROOKFIELD PROPERTY PARTNERS L.P.,
Date: August 11, 2025.	Brookfield PROPERTY PARTNERS L.P.,
				by its general partner, Brookfield Property Partners Limited
	By:	Brookfield Property Partners Limited, its general partner
	By:	/s/ Jane Sheere		~~By:~~	~~/s/ Jane Sheere~~
	Name:	Jane Sheere		~~Name:~~	~~Jane Sheere~~
	Title:	Secretary		~~Title:~~	~~Secretary~~

EXHIBIT LIST

Exhibit Description

Exhibit

Description

99.1

Brookfield Property Partners L.P. Press Release dated August 8, 2025

99.1 Management’s Discussion and Analysis of Financial Results of Brookfield Property Partners L.P. as of June 30, 2025 and December 31, 2024 and for the three and six months ended June 30, 2025 and 2024

99.2 Unaudited condensed consolidated financial statements of Brookfield Property Partners L.P. as of June 30, 2025 and December 31, 2024 and for the three and six months ended June 30, 2025 and 2024

99.3 Certification of Chief Executive Officer of Brookfield Property Group LLC, a manager of Brookfield Property Partners L.P.

99.4 Certification of Chief Financial Officer of Brookfield Property Group LLC, a manager of Brookfield Property Partners L.P.

Filing Compare · Brookfield Property Partners L.P.