Brookfield Property Partners L.P.

" Financial Information The financial information contained in this Form 20-F is presented in U.S. Dollars and, unless otherwise indicated, has been prepared in accordance with IFRS Accounting Standards as issued by the IASB. Amounts in $ are to U.S. Dollars and amounts in Canadian Dollars ( C$ ), Australian Dollars ( A$ ), British Pounds ( ), Euros ( ), Brazilian Reais ( R$ ), Indian Rupees ( ), Chinese Yuan ( C and CNH ), South Korean Won ( ), United Arab Emirates Dirham ( AED ), Hong Kong Dollar ( HK$ ), Swedish Krona ( SEK ), Japanese Yen ( ), New Zealand Dollar ( NZ$ ), Singapore Dollar ( S$ ), Danish Krone ( DKK ) and Czech Koruna ( CZK ) are identified where applicable. Use of Non-IFRS Accounting Standards Measures To measure our performance, we focus on net operating income ( NOI ), funds from operations ( FFO ), and equity attributable to Unitholders. These performance metrics do not have standardized meanings prescribed by IFRS Accounting Standards as issued by the IASB and therefore may differ from similar metrics used by other companies. We define each of these measures as described under Item 5.A. Operating and Financial Review and Prospects - Non-IFRS Accounting Standards Financial Measures ." Under Item 5.A. Operating and Financial Review and Prospects - Operating Results - Reconciliation of Non-IFRS Accounting Standards Measures , we provide a reconciliation to net income (loss) for the periods presented.