Brookfield Property Partners reports Q4 loss compared with a profit a year earlier
by The Canadian Press
Last Updated Feb 2, 2021 at 7:50 am EDT
TORONTO Brookfield Property Partners LP reported a loss in its latest quarter compared with a profit a year earlier when it benefited from higher valuation gains, as well as strong performance in several of its investments.
The real estate company, which keeps its books in U.S. dollars, says it lost US$38 million or 40 cents per unit for the quarter ended Dec. 31 compared with a profit of US$1.55 billion or $1.00 per unit in the same quarter a year earlier.
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