BPYUP Brookfield Property REIT Inc

Brookfield Property REIT Inc. (NASDAQ: BPYU) announced today the tax reporting information for 2020 distributions on its Class A Stock and 6.375% Series A Cumulative Redeemable Preferred stock (NASDAQ: BPYUP) as shown below.

					2020 TAX INFORMATION - BPYU Class A Stock
			Total					Box 1a			Box 2a			Box 3
Record	Payable	Type of	2020 Distribution		Total Taxable			Ordinary			Capital Gain			Nondividend
Date	Date	Distribution	Per Share		Distribution			Dividends			Distribution			Distribution
2/28/2020	3/31/2020	Cash	$0.332500		$0.000000			$0.000000			$0.000000			$0.332500
5/29/2020	6/30/2020	Cash	$0.332500		$0.000000			$0.000000			$0.000000			$0.332500
8/31/2020	9/30/2020	Cash	$0.332500		$0.000000			$0.000000			$0.000000			$0.332500
11/30/2020	12/31/2020	Cash	$0.332500		$0.000000			$0.000000			$0.000000			$0.332500
		TOTAL	$1.330000		$0.000000			$0.000000			$0.000000			$1.330000
PERCENT OF ANNUAL TOTAL					0.00%			0.00%			0.00%			100.00%
					2020 TAX INFORMATION - BPYUP 6.375% Series A Cumulative Redeemable Preferred Stock
			Total					Box 1a			Box 2a			Box 3
Record	Payable	Type of	2020 Distribution		Total Taxable			Ordinary			Capital Gain			Nondividend			2021 Taxable
Date	Date	Distribution	Per Share		Distribution			Dividends			Distribution			Distribution			Distribution
12/13/2019	1/1/2020	Cash	$0.3984375		$0.000000			$0.000000			$0.000000			$0.3984375			N/A
3/15/2020	4/1/2020	Cash	$0.3984375		$0.000000			$0.000000			$0.000000			$0.3984375			N/A
6/15/2020	7/1/2020	Cash	$0.3984375		$0.000000			$0.000000			$0.000000			$0.3984375			N/A
9/15/2020	10/1/2020	Cash	$0.3984375		$0.000000			$0.000000			$0.000000			$0.3984375			N/A
12/15/2020	1/1/2021	Cash	$0.3984375		$0.000000			$0.000000			$0.000000			$0.000000			$0.3984375
		TOTAL	$1.9921875		$0.000000			$0.000000			$0.000000			$1.593750			$0.3984375
PERCENT OF ANNUAL TOTAL					0.00%			0.00%			0.00%			100.00%

Participants should refer to their Federal Form 1099 which will be mailed no later than January 31, 2021. Registered holders of Brookfield Property REIT Inc. should contact American Stock Transfer & Trust Company, LLC at (800) 937-5449 for further information while beneficial owners should contact their broker with any questions pertaining to their tax forms.

Pertinent forms 8937 were published on the company website: bpy.brookfield.com/bpyu.

Taxability of the 2020 distributions is not necessarily indicative of future distributions.

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 world’s 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 a U.S. REIT stock.

Brookfield Property Partners owns and operates iconic properties in the world’s major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, self-storage, triple net lease, manufactured housing and student housing.

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

Brookfield Contact:

Matthew CherrySenior Vice President, Investor RelationsTel: (212) 417-7488 / Email: matthew.cherry@brookfield.com