0001193125-23-095485.txt : 20230410 0001193125-23-095485.hdr.sgml : 20230410 20230407185052 ACCESSION NUMBER: 0001193125-23-095485 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230410 DATE AS OF CHANGE: 20230407 GROUP MEMBERS: BIM CAPITAL LLC GROUP MEMBERS: BPG HOLDINGS GROUP (US) HOLDINGS INC. GROUP MEMBERS: BPG HOLDINGS GROUP INC. GROUP MEMBERS: BPGH NEW SUBCO 2 INC. GROUP MEMBERS: BPGH NEW SUBCO INC. GROUP MEMBERS: BPGH SUB INC. GROUP MEMBERS: BROOKFIELD ASSET MANAGEMENT LTD. GROUP MEMBERS: BROOKFIELD ASSET MANAGEMENT ULC GROUP MEMBERS: BROOKFIELD BPY HOLDINGS INC. GROUP MEMBERS: BROOKFIELD PROPERTY GROUP II LLC GROUP MEMBERS: BROOKFIELD PROPERTY GROUP LLC GROUP MEMBERS: BROOKFIELD PROPERTY L.P. GROUP MEMBERS: BROOKFIELD PROPERTY MASTER HOLDINGS LLC GROUP MEMBERS: BROOKFIELD PROPERTY PARTNERS L.P. GROUP MEMBERS: BROOKFIELD PROPERTY PARTNERS LTD GROUP MEMBERS: BROOKFIELD PUBLIC SECURITIES GROUP HOLDINGS LLC GROUP MEMBERS: BROOKFIELD PUBLIC SECURITIES GROUP LLC GROUP MEMBERS: BROOKFIELD REIT ADVISER LLC GROUP MEMBERS: BROOKFIELD US HOLDINGS INC. GROUP MEMBERS: BROOKFIELD US II INC. GROUP MEMBERS: BROOKFIELD US INC. GROUP MEMBERS: BUSI II GP-C LLC GROUP MEMBERS: BUSI II NTR SUB LLC GROUP MEMBERS: BUSI II-C L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKFIELD REAL ESTATE INCOME TRUST INC. CENTRAL INDEX KEY: 0001713407 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 822365593 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-92678 FILM NUMBER: 23809467 BUSINESS ADDRESS: STREET 1: 250 VESEY STREET STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10281 BUSINESS PHONE: 212-417-7000 MAIL ADDRESS: STREET 1: 250 VESEY STREET STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10281 FORMER COMPANY: FORMER CONFORMED NAME: OAKTREE REAL ESTATE INCOME TRUST, INC. DATE OF NAME CHANGE: 20170728 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKFIELD Corp /ON/ CENTRAL INDEX KEY: 0001001085 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 100 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: M5J2T3 BUSINESS PHONE: 416-363-9491 MAIL ADDRESS: STREET 1: BROOKFIELD PLACE, 181 BAY ST, STE 100 STREET 2: PO BOX 762 CITY: TORONTO STATE: A6 ZIP: M5J2T3 FORMER COMPANY: FORMER CONFORMED NAME: BROOKFIELD ASSET MANAGEMENT INC. DATE OF NAME CHANGE: 20051116 FORMER COMPANY: FORMER CONFORMED NAME: BRASCAN CORP/ DATE OF NAME CHANGE: 20010321 FORMER COMPANY: FORMER CONFORMED NAME: EDPERBRASCAN CORP DATE OF NAME CHANGE: 19970904 SC 13D/A 1 d483445dsc13da.htm SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

(Amendment No. 2)

Under the Securities Exchange Act of 1934

 

 

BROOKFIELD REAL ESTATE INCOME TRUST INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

N/A

(CUSIP Number)

Justin B. Beber

Brookfield Asset Management Inc.

Brookfield Place, Suite 300

181 Bay Street, P.O. Box 762

Toronto, Ontario M5J 2T3

Tel: (416) 956-5182

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 31, 2023

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

 

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


  1.    

  Name of Reporting Person

 

  BROOKFIELD ASSET MANAGEMENT LTD.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  BRITISH COLUMBIA

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  66,284 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  66,284 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  66,284 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.07% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 1,172 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD ASSET MANAGEMENT ULC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  BRITISH COLUMBIA

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  265,137 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  265,137 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  265,137 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.28% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 4,689 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD US HOLDINGS INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  265,137 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  265,137 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  265,137 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.28% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 4,689 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD US INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  265,137 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  265,137 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  265,137 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.28% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 4,689 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD CORPORATION

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,770,361 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,770,361 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,770,361 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.3% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 113,145 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BPG HOLDINGS GROUP INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BPGH NEW SUBCO INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BPGH NEW SUBCO 2 INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BPGH SUB INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BPG HOLDINGS GROUP (US) HOLDINGS INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PROPERTY PARTNERS LIMITED

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  BERMUDA

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PROPERTY PARTNERS L.P.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  BERMUDA

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  PN

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PROPERTY L.P.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  BERMUDA

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  PN

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD BPY HOLDINGS INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  ONTARIO

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD US II INC.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  CO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PROPERTY MASTER HOLDINGS LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  192,396 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  192,396 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  192,396 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.2% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 4,286 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PROPERTY GROUP LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  192,396 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  192,396 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  192,396 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.2% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 4,286 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PROPERTY GROUP II LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BUSI II NTR SUB LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BUSI II GP-C LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BUSI II-C L.P.

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  24,576,182 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  24,576,182 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  24,576,182 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  26.09% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  PN

 

1.

Amount includes 109,712 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PUBLIC SECURITIES GROUP HOLDINGS LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  72,740 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  72,740 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  72,740 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.08% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 404 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD PUBLIC SECURITIES GROUP LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  13,275 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  13,275 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  13,275 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.014% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 74 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BIM CAPITAL LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  59,465 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  59,465 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  59,465 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.063% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 330 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


  1.    

  Name of Reporting Person

 

  BROOKFIELD REIT ADVISER LLC

  2.  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds (See Instructions)

 

  OO

  5.  

  Check if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  DELAWARE

Number of

Shares

 Beneficially 

Owned By

Each

Reporting

Person

with

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  192,396 1

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  192,396 1

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  192,396 1

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0.2% of all outstanding shares of Issuer common stock2

14.  

  Type of Reporting Person

 

  OO

 

1.

Amount includes 4,286 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below.

2.

Percentage based upon 94,183,454 outstanding shares of the Issuer’s common stock as of April 5, 2023 (including 114,401 shares of the Issuer’s common stock that will be issued on or about April 20, 2023 pursuant to the Issuer’s distribution reinvestment plan related to such Reporting Persons, as discussed below), based on information provided by the Issuer.


EXPLANATORY NOTE

This Amendment No. 2 to Schedule 13D (this “Amendment No. 2”) amends and supplements the statement on Schedule 13D initially filed on June 6, 2022 (the “Original Filing”) by Brookfield Asset Management Inc., BAM Partners Trust, Brookfield Holdings Canadian Inc., Brookfield US Holdings Inc., Brookfield US Inc., Brookfield US II Inc., Brookfield Property Master Holdings LLC, Brookfield Property Group LLC, Brookfield Property Group II LLC, BUSI II NTR Sub LLC, BUSI II GP-C LLC, BUSI II-C L.P., Brookfield Public Securities Group Holdings LLC, Brookfield Public Securities Group LLC, BIM Capital LLC, and Brookfield REIT Adviser LLC, as amended by that Amendment No. 1 to Schedule 13D filed on July 1, 2022 (collectively, the “Schedule 13D”). Capitalized terms used but not defined in this Amendment No. 2 shall have the same meanings ascribed to them in the Schedule 13D.

This Amendment No. 2 serves as an original Schedule 13D filing for Brookfield Corporation, BPG Holdings Group Inc., BPGH New Subco Inc., BPGH New Subco 2 Inc., BPGH Sub Inc., BPG Holdings Group (US) Holdings Inc., Brookfield Property Partners Limited, Brookfield Property Partners L.P., Brookfield Property L.P., Brookfield BPY Holdings Inc., Brookfield Asset Management Ltd., and Brookfield Asset Management ULC.

 

Item 2.

Identity and Background.

Item 2 of the Schedule 13D is hereby amended and restated as follows:

 

(a)

This Schedule 13D is being filed by each of the following persons (each, a “Reporting Person” and collectively, the “Reporting Persons”):

 

  (i)

Brookfield Asset Management Ltd, a British Columbia corporation (“BAM”);

 

  (ii)

Brookfield Asset Management ULC, a British Columbia unlimited liability company (“BAM-ULC”);

 

  (iii)

Brookfield US Holdings Inc., an Ontario Corporation (“BUSHI”);

 

  (iv)

Brookfield US Inc., a Delaware corporation (“BUSI”):

 

  (v)

Brookfield Corporation, an Ontario corporation (“BCORP”);

 

  (vi)

BPG Holdings Group Inc., an Ontario corporation (“BPG Holdings”);

 

  (vii)

BPGH New Subco Inc., an Ontario corporation (“BPGH New Sub”);

 

  (viii)

BPGH New Subco 2 Inc., an Ontario corporation (“BPGH New Sub 2”);

 

  (ix)

BPGH Sub Inc., an Ontario corporation (“BPGH Sub”);

 

  (x)

BPG Holdings Group (US) Holdings Inc., an Ontario corporation (“BPG Holdings US”);

 

  (xi)

Brookfield Property Partners Limited, a Bermuda exempted company (“BPP Limited”);

 

  (xii)

Brookfield Property Partners L.P., a Bermuda limited partnership (“BPP”);

 

  (xiii)

Brookfield Property L.P., a Bermuda limited partnership (“BP”);

 

  (xiv)

Brookfield BPY Holdings Inc., an Ontario corporation (“BBPY”);

 

  (xv)

Brookfield US II Inc., a Delaware corporation (“BUSI II” );

 

  (xvi)

Brookfield Property Master Holdings LLC, a Delaware limited liability company (“BPM Holdings”);

 

  (xvii)

Brookfield Property Group LLC, a Delaware limited liability company (“BPG”);

 

  (xviii)

Brookfield Property Group II LLC, a Delaware limited liability company (“BPG II”);

 

  (xix)

BUSI II NTR Sub LLC, a Delaware limited liability company (“NTR Sub”);

 

  (xx)

BUSI II GP-C LLC, a Delaware limited liability company (“BUSI II GP-C”);

 

  (xxi)

BUSI II-C L.P., a Delaware limited liability company (“BUSI II-C”);

 

  (xxii)

Brookfield Public Securities Group Holdings LLC, a Delaware limited liability company (“PSG Holdings”);


  (xxiii)

Brookfield Public Securities Group LLC, a Delaware limited liability company (“PSG”);

 

  (xxiv)

BIM Capital LLC, a Delaware limited liability company (“BIM”); and

 

  (xxv)

Brookfield REIT Adviser LLC, a Delaware limited liability company (the “Adviser”).

Schedule I hereto, with respect to BUSHI; Schedule II hereto, with respect to BUSI; Schedule III hereto, with respect to BCORP; Schedule IV hereto, with respect to BPG Holdings; Schedule V hereto, with respect to BPGH New Sub; Schedule VI hereto, with respect to BPGH New Sub 2; Schedule VII hereto, with respect to BPGH Sub; Schedule VIII hereto, with respect to BPG Holdings US; Schedule IX hereto, with respect to BBPY; and Schedule X hereto, with respect to BUSI II; set forth a list of all the directors and executive officers or persons holding equivalent positions (the “Scheduled Persons”) of each such Reporting Persons and their respective principal occupation, address and citizenship.

(b) The principal business address of each of BAM, BAM-ULC, BUSHI, BCORP, BPG Holdings, BPGH New Sub, BPGH New Sub 2, BPGH Sub, BPG Holdings US and BBPY is Brookfield Place, 181 Bay Street, Suite 300, Toronto, Ontario, Canada M5J 2T3. The principal business address of each of BPP Limited, BPP and BP is 73 Front Street, 5th Floor, Hamilton HM12 Bermuda. The principal business address of each of BUSI, BUSI II, BPM Holdings, BPG, BPG II, NTR Sub, BUSI II GP-C, BUSI II-C, PSG Holdings, PSG, BIM and the Adviser is 250 Vesey Street, 15th Floor, New York, New York 10281.

(c) The principal business of BAM is performing the functions of, and serving as, a leading global alternative asset manager with approximately $800 billion of assets under management across real estate, infrastructure, renewable power and transition, private equity, and credit and serving as a holder of common shares of BAM-ULC, and acting in similar capacities for other entities. The principal business of BAM-ULC is performing the functions of, and serving as, the holder of Class B common and Class B senior preferred shares of BUSHI. The principal business of BUSHI is performing the functions of, and serving as, the holder of Class A and Class B common shares and Class C preferred shares of BUSI. The principal business of BCORP is performing the functions of, and serving as, a holder of common shares of BAM-ULC, special tracking preferred shares of BUSHI, and common and preferred shares of BPG Holdings.

The principal business of BPG Holdings is performing the functions of, and serving as, the sole shareholder of, BPGH New Sub. The principal business of BPGH New Sub is performing the functions of, and serving as, the sole shareholder of, BPGH New Sub 2. The principal business of BPGH New Sub 2 is performing the functions of, and serving as, the sole shareholder of, BPGH Sub. The principal business of BPGH Sub is performing the functions of, and serving as, the sole shareholder of, BPG Holdings US. The principal business of BPG Holdings US is performing the functions of, and serving as, the sole shareholder of, BPP Limited. The principal business of BPP Limited is performing the functions of, and serving as, the General Partner of, BPP. The principal business of BPP is performing the functions of, and serving as, the General Partner of, BP. The principal business of BP is performing the functions of, and serving as, an equity holder of, BBPY. The principal business of BUSI is performing the functions of, and serving as, the managing member of each of PSG Holdings and BPM Holdings, and acting in similar capacities for other entities affiliated with BAM. The principal business of BUSI II is performing the functions of, and serving as, the managing member of BPG II, and acting in similar capacities for other entities affiliated with BAM. The principal business of BPM Holdings is performing the functions of, and serving as, the managing member of the BPG, and acting in similar capacities for other entities affiliated with BAM. The principal business of BPG is performing the functions of, and serving as, the managing member of the Adviser, and acting in similar capacities for other entities affiliated with BAM. The principal business of BPG II is performing the functions of, and serving as, the sole member of NTR Sub, and acting in similar capacities for other entities affiliated with BAM. The principal business of NTR Sub is performing the functions of, and serving as, the managing member of BUSI II GP-C, the limited partner of BUSI II-C, and acting in similar capacities for other entities affiliated with BAM. The principal business of BUSI II GP-C is performing the functions of, and serving as, the general partner of BUSI II-C. The principal business of BUSI II-C is performing the functions of, and serving as, an equity holder of the Issuer and Brookfield REIT Operating Partnership L.P. (the “Operating Partnership”). The principal business of PSG Holdings is performing the functions of, and serving as, the managing member of both PSG and BIM, and acting in similar capacities for other entities affiliated with BAM. The principal business of PSG is to serve as an SEC-registered investment adviser representing the Public Securities Group of BAM. The principal business of BIM is to serve as an intermediary vehicle to hold cash and securities for various funds that comprise the Public Securities Group of BAM. The principal business of the Adviser is performing the functions of, and serving as, the external adviser of the Issuer.

(d) – (e) During the last five years, none of the Reporting Persons and, to the Reporting Persons’ knowledge, none of the Scheduled Persons, has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which, he, she or it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f) Schedules I through X hereto set forth the citizenships of each of the Scheduled Persons who is natural person.


Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 of the Schedule 13D is hereby amended and restated as follows:

(a) BUSI II-C acquired the 24,576,182 Shares it directly holds as follows: (i) paying $200,000 in cash, funded from cash on hand, for 16,711 Shares designated as Class I Shares, (ii) paying $10,000,000 in cash, funded from cash on hand, for 756,475 Shares designated as Class I Shares, (ii) 2,088,834 Shares designated as Class E Shares received in exchange for its contribution of its interests in certain real estate property investments to the Operating Partnership, (iii) 20,547,122 Shares designated as Class I Shares issued upon the conversion of Operating Partnership units; and (iv) 1,167,040 Shares designated as Class E Shares and Class I Shares received upon the reinvestment of distributions pursuant to the Issuer’s distribution reinvestment plan (the “DRIP”) (including 109,712 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP).

(b) BIM acquired the 59,465 Shares it directly holds as follows: (i) paying $716,701 in cash, funded from cash on hand, for 54,430 Shares, and (ii) 5,035 Shares received upon the reinvestment of distributions pursuant to the Issuer’s DRIP ((including 330 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP). All of the Shares held by BIM are designated as Class E Shares.

(c) PSG acquired the 13,275 Shares it directly holds as follows: (i) paying $160,000 in cash, funded from cash on hand, for 12,151 Shares, and (ii) 1,124 Shares received upon the reinvestment of distributions pursuant to the Issuer’s DRIP (including 74 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP). All of the Shares held by PSG are designated as Class E Shares.

(d) The Adviser acquired the 192,396 Shares it directly holds as follows: (i) 186,269 Shares received as payment of management fees under the terms of the Advisory Agreement, and (ii) 6,127 Shares received upon the reinvestment of distributions pursuant to the Issuer’s DRIP (including 4,286 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP). All of the Shares held by the Adviser are designated as Class I Shares.

The information in Item 6 of this Schedule 13D is incorporated herein by reference.

 

Item 4.

Purpose of Transaction.

Item 4 of this Schedule 13D is hereby amended to incorporate by reference the information set forth in Item 6 of this Amendment No. 2 and to add the following:

On March 31, 2023, BUSI II-C purchased 756,475 Shares designated as Class I Shares from the Issuer for an aggregate purchase price of $10,000,000.

BAM and its affiliated entities undertook a reorganization in 2022 pursuant to which the new reporting persons for which this constitutes an original filing have received beneficial ownership of Shares of the Issuer.

 

Item 5.

Interest in Securities of the Issuer.

Item 5 of the Schedule 13D is hereby amended and restated as follows:

(a)-(b) Calculations of the percentage of Shares beneficially owned assumes that there were 94,183,454 Shares outstanding, based on information provided by the Issuer.

As of the date hereof, (i) BUSI II-C directly holds 24,576,182 Shares (including 109,712 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP), 2,339,278 of which were designated as Class E Shares and 22,236,904 of which were designated as Class I Shares, (ii) BIM directly holds 59,465 Shares (including 330 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP), all of which were designated as Class E Shares, (iii) PSG directly holds 13,275 Shares (including 74 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP), all of which were designated as Class E Shares, and (iv) the Adviser directly holds 192,396 Shares (including 4,286 Shares that will be issued on or about April 20, 2023 pursuant to the Issuer’s DRIP), all of which were designated as Class I Shares.

The aggregate number and percentage of the Shares beneficially owned by each Reporting Person and, for each Reporting Person, the number of Shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on Rows 7 through 11 and Row 13 of the cover pages of this Schedule 13D, and are incorporated herein by reference.


Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that any of the Reporting Persons (other than BUSI II-C, BIM, PSG and the Adviser to the extent they directly hold the Issuer securities reported on this Schedule 13D) is the beneficial owner of the Shares referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Act”), or for any other purpose, and such beneficial ownership is expressly disclaimed. The filing of this statement should not be construed to be an admission that any member of the Reporting Persons are members of a “group” for the purposes of Sections 13(d) of the Act.

(c) Except as set forth below, none of the Reporting Persons has engaged in any transaction during the past 60 days in any Shares.

On January 30, 2023, the Issuer declared distributions on the Shares that are payable to holders of record immediately following the close of business on January 30, 2023 and were paid on or about February 21, 2023. With respect to the Shares directly held by BUSI II-C, BIM, PSG and the Adviser, these distributions were reinvested in an additional 107,312, 317, 71, and 3,374 Shares, respectively, pursuant to the Issuer’s DRIP.

On February 27, 2023, the Issuer declared distributions on the Shares that are payable to holders of record immediately following the close of business on February 27, 2023 and were paid on or about March 31, 2023. With respect to the Shares directly held by BUSI II-C, BIM, PSG and the Adviser, these distributions were reinvested in an additional 108,547, 327, 73, and 3,824 Shares, respectively, pursuant to the Issuer’s DRIP.

On March 30, 2023, the Issuer declared distributions on the Shares that are payable to holders of record immediately following the close of business on March 30, 2023 and will be paid on or about April 20, 2023. With respect to the Shares directly held by BUSI II-C, BIM, PSG and the Adviser, these distributions will be reinvested in an additional 109,712, 330, 74 and 4,286 Shares, respectively, pursuant to the Issuer’s DRIP.

Pursuant to the terms of the Advisory Agreement, the Adviser has elected to receive its management fee to date in Shares of the Issuer. As payment of its management fee under the terms of the Advisory Agreement, on February 1, 2023 and March 1, 2023, the Issuer issued an aggregate of 186,269 Shares designated as Class I Shares to the Adviser.

(d) To the best knowledge of the Reporting Persons, no one other than the Reporting Persons, or the partners, members, affiliates or shareholders of the Reporting Persons, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares reported herein as beneficially owned by the Reporting Persons.

(e) Not applicable.

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

Item 6 of this Schedule 13D is hereby amended to incorporate by reference the information set forth in Item 4 of this Amendment No. 1 and to add the following:

On March 31, 2023, BUSI II-C subscribed for and purchased 756,475 Shares designated as Class I Shares from the Issuer for an aggregate purchase price of $10,000,000.

 

Item 7.

Materials to be Filed as Exhibits.

Item 7 of this Schedule 13D is hereby amended to add the following exhibit:

 

11.

Form of Subscription Agreement of Brookfield Real Estate Income Trust, Inc. (filed as Appendix C to the Brookfield Real Estate Income Trust, Inc. Prospectus, dated July 13, 2022, and incorporated herein by reference)


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: April 7, 2023

 

BROOKFIELD ASSET MANAGEMENT LTD.
By:   /s/ Kathy Sarpash
Name:   Kathy Sarpash
Title:   Managing Director
BROOKFIELD ASSET MANAGEMENT ULC
By:   /s/ Kathy Sarpash
Name:   Kathy Sarpash
Title:   Managing Director
BROOKFIELD US HOLDINGS INC.
By:   /s/ Kathy Sarpash
Name:   Kathy Sarpash
Title:   Vice President and Secretary
BROOKFIELD US INC.
By:   /s/ Kathy Sarpash
Name:   Kathy Sarpash
Title:   Secretary
BROOKFIELD CORPORATION
By:   /s/ Swati Mandava
Name:   Swati Mandava
Title:   Managing Director, Legal & Regulatory
BPG HOLDINGS GROUP INC.
By:   /s/ Michelle Seto
Name:   Michelle Seto
Title:   Vice President
BPGH NEW SUBCO INC.
By:   /s/ Michelle Seto
Name:   Michelle Seto
Title:   Vice President
BPGH NEW SUBCO 2 INC.
By:   /s/ Michelle Seto
Name:   Michelle Seto
Title:   Vice President


BPGH SUB INC.
By:   /s/ Michelle Seto
Name:   Michelle Seto
Title:   Vice President
BPG HOLDINGS GROUP (US) HOLDINGS INC.
By:   /s/ Michelle Seto
Name:   Michelle Seto
Title:   Vice President
BROOKFIELD PROPERTY PARTNERS LIMITED
By:   /s/ Jane Sheere
Name:   Jane Sheere
Title:   Secretary
BROOKFIELD PROPERTY PARTNERS L.P. by its general partner, BROOKFIELD PROPERTY PARTNERS LIMITED
By:   /s/ Jane Sheere
Name:   Jane Sheere
Title:   Secretary
BROOKFIELD PROPERTY L.P. by its general partner, BROOKFIELD PROPERTY PARTNERS L.P., by its general partner
By:   /s/ Jane Sheere
Name:   Jane Sheere
Title:   Secretary
BROOKFIELD BPY HOLDINGS INC.
By:   /s/ Michelle Seto
Name:   Michelle Seto
Title:   Assistant Secretary
BROOKFIELD US II INC.
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director
BROOKFIELD PROPERTY MASTER HOLDINGS LLC
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director
BROOKFIELD PROPERTY GROUP LLC
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director


BROOKFIELD PROPERTY GROUP II LLC
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director
BUSI II NTR SUB LLC
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director
BUSI II GP-C LLC
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director
BUSI II-C L.P., by its general partner, BUSI II GP-C LLC
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director
BROOKFIELD PUBLIC SECURITIES GROUP HOLDINGS LLC
By:   /s/ Kevin English
Name:   Kevin English
Title:   Chief Operating Officer
BROOKFIELD PUBLIC SECURITIES GROUP LLC
By:   /s/ Kevin English
Name:   Kevin English
Title:   Chief Operating Officer
BIM CAPITAL LLC
By:   /s/ Kevin English
Name:   Kevin English
Title:   Chief Operating Officer
BROOKFIELD REIT ADVISER LLC
By:   /s/ Melissa Lang
Name:   Melissa Lang
Title:   Managing Director


SCHEDULE I

BROOKFIELD US HOLDINGS INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Thomas Corbett, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director, Finance of Brookfield    Canada
Kunal Dusad, Director    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Senior Vice President, Capital Markets & Treasury of Brookfield    U.K.
Aleks Novakovic, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Tax of Brookfield    Canada
Katayoon Sarpash, Director, Vice-President and Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice President, Legal & Regulatory of Brookfield    Canada
Cam Ha, President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice President, Tax of Brookfield    Canada
Bowen Li, Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Director, Capital Markets & Treasury of Brookfield    Canada
Harinee Ravishankar, Vice-President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Manager, Capital Markets & Treasury of Brookfield    Canada


SCHEDULE II

BROOKFIELD US INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Barry Blattman, Director    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Vice Chair of Brookfield    U.S.A.
Kunal Dusad, Director    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Senior Vice-President, Capital Markets & Treasury of Brookfield    U.K.
Mark Srulowitz, Director and President    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Managing Partner, Private Funds Group of Brookfield    U.S.A.
Connor Teskey, Director    One Canada Square, Level 25, Canary Wharf, London, UK E14 5AA    Managing Partner, Chief Executive Officer Renewable Power & Transition and Head of Europe for the Corporation, Brookfield    Canada
Sara Verkest, Director    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Managing Director, Tax of Brookfield    Belgium
Josh Zinn, Director    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Managing Director, Risk Management of Brookfield    Australia
Peter Geraigiry, Vice-President    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Vice-President, Capital Markets & Treasury of Brookfield    U.S.A.
Justin Nye, Vice-President    250 Vesey Street, 15th Floor, New York, NY 10281, U.S.A.    Vice-President, Tax of Brookfield    U.S.A.
Katayoon Sarpash, Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice-President, Legal & Regulatory of Brookfield    Canada


SCHEDULE III

BROOKFIELD CORPORATION

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

M. Elyse Allan    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Corporate Director    Canadian
Jeffery M. Blinder    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Vice Chair    Canadian
Angela F. Braly    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Corporate Director    U.S.A.
Jack L. Cockwell,    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chair of Brookfield Partners Foundation    Canadian
Bruce Flatt    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chief Executive Officer    Canadian
Janice Fukakusa    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Corporate Director    Canadian
Seek Ngee Huat    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chair of GLP IM Holdings Limited    Singaporean
Maureen Kempston Darkes    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Corporate Director    Canadian
Brian D. Lawson    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Vice Chair and Director    Canadian
Rafael Miranda    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Corporate Director    Spanish
The Hon. Frank J. McKenna    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chair, Brookfield Corporation and Deputy Chair, TD Bank Group    Canadian
Howard S. Marks    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Co-Chair of Oaktree Capital Group, LLC    U.S.A.
Lord O’Donnell    181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chair of Frontier Economics Limited    British
Hutham S. Olayan    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Chair of the Olayan Group    U.S.A.
Diana L. Taylor    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Corporate Director    U.S.A.


SCHEDULE IV

BPG HOLDINGS GROUP INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Brett Fox, Director and Secretary    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Lawyer, Managing Partner    U.S.A.
Michelle Seto, Director and Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian
Christopher Wong, Director and Senior Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chartered Accountant, Senior Vice President, Finance    Canadian
Leila Araiche, Managing Partner    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Managing Partner, Human Resources    U.S.A.
Valerie Tso, President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian


SCHEDULE V

BPGH NEW SUBCO INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Brett Fox, Director and Secretary    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Lawyer, Manager Partner    U.S.A.
Michelle Seto, Director and Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian
Christopher Wong, Director and Senior Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chartered Accountant, Senior Vice President, Finance    Canadian
Valerie Tso, President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian


SCHEDULE VI

BPGH NEW SUBCO 2 INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Brett Fox, Director and Secretary    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Lawyer, Managing Partner    U.S.A.
Michelle Seto, Director and Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian
Christopher Wong, Director and Senior Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chartered Accountant, Senior Vice President, Finance    Canadian
Valerie Tso, President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian


SCHEDULE VII

BPGH SUB INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Brett Fox, Director and Secretary    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Lawyer, Managing Partner    U.S.A.
Michelle Seto, Director    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian
Christopher Wong, Director and Senior Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chartered Accountant, Senior Vice President, Finance    Canadian
Valerie Tso, Director and President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian


SCHEDULE VIII

BPG HOLDINGS GROUP (US) HOLDINGS INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Brett Fox, Director and Secretary    Brookfield Place, 250 Vesey Street, 15th Floor, New York, NY 10281-0221    Lawyer, Managing Partner    U.S.A.
Michelle Seto, Director    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian
Christopher Wong, Director and Senior Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Charted Accountant    Canadian
Valerie Tso, President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian


SCHEDULE IX

BROOKFIELD BPY HOLDINGS INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Hugh H. Aird, Director    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Corporate Director    Canadian
Gregory Ernest Alexander Morrison, Director    73 Front Street, 5th Floor, Hamilton, HM12, Bermuda    Corporate Director    Canadian
Timothy R. Price, Director    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Corporate Director    Canadian
Michelle Seto, Assistant Secretary    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian
Valerie Tso, Assistant Secretary    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Vice President    Canadian
Allen Yi, Assistant Secretary    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Lawyer, Senior Vice President    Canadian
Matthew DeHaan, Senior Vice President    Brookfield Place, 181 Bay Street, Suite 100, Toronto, ON M5J 2T3    Chartered Accountant, Senior Vice President, Tax    Canadian


SCHEDULE X

BROOKFIELD US II INC.

 

Name and Position of
Officer or Director

  

Principal Business
Address

  

Principal Occupation or
Employment

  

Citizenship

Sara Beugelmans, Director and President    685 Market Street, Suite 500, San Francisco California 94105, U.S.A.    Managing Director, BAM    U.S.A.
Melissa Lang, Director and Managing Director    250 Vesey Street, 15th Floor, New York, NY 10281-1023, U.S.A.    Managing Director, BAM    U.S.A.
Fabian Schmidt, Director and Secretary    250 Vesey Street, 15th Floor, New York, NY 10281-1023, U.S.A.    Senior Vice President, BAM    Germany and U.S.A.