BROOKFIELD NEWS, Aug. 23, 2018 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (“BPY”) (NASDAQ: BPY; TSX: BPY.UN) today announced that, based upon the results of the elections by holders of GGP Inc. (“GGP”) common stock, approximately 92 million limited partnership units of BPY and 160 million Class A shares of Brookfield Property REIT Inc. (“BPR”) are expected to be issued in connection with BPY’s acquisition of GGP. Following the close of the transaction approximately 1.2 billion voting shares of BPR are expected to be outstanding with each share of each class of BPR having a single vote. As of the end of the election period, there were approximately 637 million shares of GGP common stock issued and outstanding.