Statement of Changes in Beneficial Ownership (4)

FORM 4 [ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Brookfield Properties Subco LLC	2. Issuer Name and Ticker or Trading Symbol Brookfield Property REIT Inc. [ GGP ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director __ X __ 10% Owner _____ Officer (give title below) __ X __ Other (specify below) Director by deputization ***
(Last) (First) (Middle) 250 VESEY STREET,	3. Date of Earliest Transaction (MM/DD/YYYY) 8/27/2018
(Street) NEW YORK, NY 10281-1023 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person _ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Stock, par value $0.01 per share	8/27/2018		A		124985577	A	⁽¹⁰⁾	124985577	I	See Footnote ⁽¹⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		351958	A	⁽¹⁰⁾	351958	I	See Footnote ⁽²⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		12989228	A	⁽¹⁰⁾	12989228	I	See Footnote ⁽³⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		24063298	A	⁽¹⁰⁾	24063298	I	See Footnote ⁽⁴⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		53000412	A	⁽¹⁰⁾	53000412	I	See Footnote ⁽⁵⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		6985772	A	⁽¹⁰⁾	6985772	I	See Footnote ⁽⁶⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		70114877	A	⁽¹⁰⁾	70114877	I	See Footnote ⁽⁷⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		28573419	A	⁽¹⁰⁾	28573419	I	See Footnote ⁽⁸⁾ ⁽¹⁰⁾
Class B Stock, par value $0.01 per share	8/27/2018		A		2577297	A	⁽¹⁰⁾	2577297	I	See Footnote ⁽⁹⁾ ⁽¹⁰⁾

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			124985577	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	124985577	⁽¹⁰⁾	0	I	See Footnote ⁽¹⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			351958	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	351958	⁽¹⁰⁾	0	I	See Footnote ⁽²⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			12989228	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	12989228	⁽¹⁰⁾	0	I	See Footnote ⁽³⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			24063298	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	24063298	⁽¹⁰⁾	0	I	See Footnote ⁽⁴⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			53000412	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	53000412	⁽¹⁰⁾	0	I	See Footnote ⁽⁵⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			6985772	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	6985772	⁽¹⁰⁾	0	I	See Footnote ⁽⁶⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			70114877	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	70114877	⁽¹⁰⁾	0	I	See Footnote ⁽⁷⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			28573419	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	28573419	⁽¹⁰⁾	0	I	See Footnote ⁽⁸⁾ ⁽¹⁰⁾
Series B Preferred Stock	⁽¹⁰⁾	8/27/2018		D			2577297	⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	2577297	⁽¹⁰⁾	0	I	See Footnote ⁽⁹⁾ ⁽¹⁰⁾

Explanation of Responses:
(1)	See Exhibit 99.1; Note 1.
(2)	See Exhibit 99.1; Note 2.
(3)	See Exhibit 99.1; Note 3.
(4)	See Exhibit 99.1; Note 4.
(5)	See Exhibit 99.1; Note 5.
(6)	See Exhibit 99.1; Note 6.
(7)	See Exhibit 99.1; Note 7.
(8)	See Exhibit 99.1; Note 8.
(9)	See Exhibit 99.1; Note 9.
(10)	See Exhibit 99.1; Note 10.

Remarks:
*** Brian Kingston, a Senior Managing Partner of Brookfield Asset Management Inc., a corporation formed under the laws of the Province of Ontario ("BAM"), serves on the board of directors of the Issuer as a representative of BAM and certain of its affiliates, including the Reporting Persons. The Reporting Persons are "directors by deputization" solely for purposes of Section 16 of the Securities Exchange Act of 1934.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Brookfield Properties Subco LLC 250 VESEY STREET NEW YORK, NY 10281-1023	X	X		Director by deputization ***
BP US REIT LLC 250 VESEY STREET NEW YORK, NY 10281-1023	X	X		Director by deputization
Brookfield Holding Ltd Liability Co BUDAPEST 1074, DOHANY UTCA 12 BUDAPEST, K5	X	X		Director by deputization
1706065 Alberta ULC SUITE 1700 335 8TH AVENUE SW CALGARY, A0 T2P 1C9	X	X		Director by deputization
Brookfield BPY Holdings (US) Inc. 181 BAY STREET, SUITE 300 TORONTO, A6 M5J 2T3	X	X		Director by deputization
BPY Canada Subholdings 1 ULC 181 BAY STREET BROOKFIELD PLACE SUITE 300 TORONTO, Z4 M5J2T3	X	X		Director by deputization
Brookfield Property Split Corp. 181 BAY STREET, SUITE 330 TORONTO, A6 M5J 2T3	X	X		Director by deputization
Brookfield Office Properties Inc 181 BAY STREET, SUITE 330 TORONTO, A6 M5J 2T3	X	X		Director by deputization

Signatures
BROOKFIELD PROPERTIES SUBCO LLC., /s/ Michelle L. Campbell, Senior Vice President and Secretary		8/29/2018
^** Signature of Reporting Person		Date
BPY CANADA SUBHOLDINGS 1 ULC., /s/ Keith Hyde, President		8/29/2018
^** Signature of Reporting Person		Date
BROOKFIELD PROPERTY SPLIT CORP., /s/ Michelle L. Campbell, Secretary		8/29/2018
^** Signature of Reporting Person		Date
BROOKFIELD OFFICE PROPERTIES INC., /s/ Keith Hyde, Vice President, Taxation		8/29/2018
^** Signature of Reporting Person		Date
1706065 ALBERTA ULC., /s/ Keith Hyde, Vice President, Taxation		8/29/2018
^** Signature of Reporting Person		Date
BROOKFIELD HOLDING LIMITED LIABILITY COMPANY., /s/ Dr. Laszlo Csontos, Managing Director		8/29/2018
^** Signature of Reporting Person		Date
BROOKFIELD HOLDING LIMITED LIABILITY COMPANY., /s/ Eamonn John O'Dea, Managing Director		8/29/2018
^** Signature of Reporting Person		Date
BP US REIT LLC., /s/ Michelle L. Campbell, Senior Vice President and Secretary		8/29/2018
^** Signature of Reporting Person		Date
BROOKFIELD BPY HOLDINGS INC., /s/ Allen Yi, Assistant Secretary		8/29/2018
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.