Brookfield Property Partners Added to S&P/TSX Composite Index

HAMILTON, BERMUDA--(Marketwired - Mar 26, 2014) - Brookfield Property Partners L.P. (NYSE: BPY) (TSX: BPY.UN) ("Brookfield Property Partners" or "the Partnership") confirmed that the S&P Dow Jones Canadian Index Services will add Brookfield Property Partners to the S&P/TSX Composite Index, the headline index and principal broad market measure for the Canadian equity markets, after the close of trading on March 27, 2014.

Brookfield Property Partners will also be added to the S&P/TSX Composite Dividend Index and the S&P/TSX Capped Real Estate Index.

The Partnership also confirmed that Global Property Research will add Brookfield Property Partners to the GPR 250 Index, a weighted index based on shares of 250 leading property companies in the world, as of April 1, 2014.

Brookfield Property Partners is a leading owner, operator, and investor in best-in-class commercial real estate around the globe. Our diversified portfolio includes interests in 300 office and retail properties encompassing 250 million square feet, 25,000 multi-family units, 68 million square feet of industrial space, and a 100 million square foot development pipeline. Our assets are located in North America, Europe, and Australia with a small presence in China, Brazil and India. For information, please visit www.brookfieldpropertypartners.com

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of Canadian provincial securities laws and applicable regulations and "forward-looking statements" within the meaning of "safeharbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, include statements regarding our operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies and outlook, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods, and include words such as "expects", "anticipates", "plans", "believes", "estimates", "seeks", "intends", "targets", "projects", "forecasts", "likely", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could".