Item 7.01 Regulation FD Disclosure.

On July 20, 2021, Brookfield Property REIT Inc., Brookfield Asset Management Inc. and Brookfield Property Partners L.P. announced that Brookfield Property REIT Inc. will redeem all outstanding shares of its 6.375% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") (CUSIP 11282X202) on August 19, 2021 (the "Redemption"). The Series A Preferred Stock currently trades on the Nasdaq Global Select Market under the symbol "BPYUP." A press release announcing the Redemption is filed as Exhibit 99.1 to this Current Report on Form 8-K.

The Series A Preferred Stock will be redeemed for cash at a redemption price of $25.00 per share, plus all accumulated and unpaid dividends (whether or not declared) to, but not including, August 19, 2021 (the "Redemption Date"), which equals approximately $0.21250 per share, without interest, for total proceeds per share of $25.21250 (the "Redemption Price"). Dividends on the shares of the Series A Preferred Stock will cease to accrue and accumulate on the Redemption Date. Upon the Redemption, the shares of the Series A Preferred Stock will no longer be outstanding and all rights of the holders of such shares will terminate, except the right of the holders to receive the Redemption Price. Upon the Redemption, the Series A Preferred Stock will no longer trade on the Nasdaq Global Select Market.

All shares of the Series A Preferred Stock are held in book-entry form through the Depository Trust Company ("DTC") and the shares will be redeemed in accordance with the procedures of DTC. Payment to DTC for the shares of the Series A Preferred Stock will be made by American Stock Transfer & Trust Company, LLC (the "Redemption Agent").

The irrevocable notice of redemption was provided to the registered holders of Series A Preferred Stock on July 20, 2021. Questions relating to, and requests for additional copies of, the irrevocable notice of redemption should be directed to the Redemption Agent at American Stock Transfer & Trust Company, LLC, 6201 15th Avenue Brooklyn, New York 11219, Attention: Reorganization Department at 877-248-6417.

The information in this Item 7.01, including Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall the information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.






(d) Exhibits:



Exhibit No.                                  Description

  99.1          Press Release dated July 20, 2021.
101.SCH       Inline XBRL Taxonomy Extension Schema Document.
101.CAL       Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.LAB       Inline XBRL Taxonomy Extension Label Linkbase Document.
101.PRE       Inline XBRL Taxonomy Extension Presentation Linkbase Document.
101.DEF       Inline XBRL Taxonomy Extension Definition Linkbase Document.
104           Cover Page Interactive Data File (formatted as Inline XBRL with
              applicable taxonomy extension information contained in Exhibits 101).




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