Brookfield Property REIT Inc. Announces Tax Reporting Information for 2019 Distributions on Shares of Brookfield Property REIT Inc.
BROOKFIELD NEWS, Jan. 24, 2020 (GLOBE NEWSWIRE) -- Brookfield Property REIT Inc. (NASDAQ: BPR) announced today the tax reporting information for 2019 distributions on its Class A Stock and 6.375% Series A Cumulative Redeemable Preferred stock (NASDAQ: BPRAP) as shown below.
| 2019 TAX INFORMATION - BPR Class A Stock | ||||||||||
| Total | Box 1a | Box 2a | Box 3 | |||||||
| Record | Payable | Type of | 2019 Distribution | Total Taxable | Ordinary | Capital Gain | Nondividend | |||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Distribution | |||
| 2/28/2019 | 3/29/3109 | Cash | $0.330000 | $0.000000 | $0.000000 | $0.000000 | $0.330000 | |||
| 5/31/2019 | 6/28/2019 | Cash | $0.330000 | $0.000000 | $0.000000 | $0.000000 | $0.330000 | |||
| 8/30/2019 | 9/30/2019 | Cash | $0.330000 | $0.000000 | $0.000000 | $0.000000 | $0.330000 | |||
| 11/29/2019 | 12/31/2019 | Cash | $0.330000 | $0.000000 | $0.000000 | $0.000000 | $0.330000 | |||
| TOTAL | $1.320000 | $0.000000 | $0.000000 | $0.000000 | $1.320000 | |||||
| PERCENT OF ANNUAL TOTAL | 0.00% | 0.00% | 0.00% | 100.00% | ||||||
| 2019 TAX INFORMATION - BPR 6.375% Series A Cumulative Redeemable Preferred Stock | ||||||||||
| Total | Box 1a | Box 2a | Box 3 | |||||||
| Record | Payable | Type of | 2019 Distribution | Total Taxable | Ordinary | Capital Gain | Nondividend | 2020 Taxable | ||
| Date | Date | Distribution | Per Share | Distribution | Dividends | Distribution | Distribution | Distribution | ||
| 3/15/2019 | 4/1/2019 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.398438 | N/A | ||
| 6/14/2019 | 7/1/2019 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.398438 | N/A | ||
| 9/13/2019 | 10/1/2019 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.398438 | N/A | ||
| 12/13/2019 | 1/1/2020 | Cash | $0.3984375 | $0.000000 | $0.000000 | $0.000000 | $0.000000 | $0.398438 | ||
| TOTAL | $1.593750 | $0.000000 | $0.000000 | $0.000000 | $1.195313 | $0.398438 | ||||
| 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, 2020. 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/bpr.
Taxability of the 2019 distributions is not necessarily indicative of future distributions.
Brookfield Property REIT Inc.
Brookfield Property REIT Inc. (“BPR”) is a subsidiary of Brookfield Property Partners L.P., (NASDAQ: BPY; TSX: BPY.UN) (“BPY”) one of the world’s largest commercial real estate companies, with over $85 billion in total assets. BPR 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 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, industrial, hospitality, self-storage, student housing and manufactured housing assets.
Further information is available at bpy.brookfield.com/bpr.
Brookfield Contact:
Matt Cherry
Senior Vice President, Investor Relations and Communications
Tel: (212) 417-7488 / Email: matthew.cherry@brookfield.com
