FORM 20-F/A Brookfield Property Partners L.P. - Brookfield Asset ...

The following table presents the lease expiry profile of our retail properties with the associated averageexpiring in-place rents by region at March 31, 2012:(000’s sq. ft.)NetRentalAreaCurrentlyAvailable (000’ssq.ft.)Expiring Leases2012 2013 2014 2015 2016 2017InplaceRent (000’ssq.ft.)InplaceRent (000’ssq.ft.)InplaceRent (000’ssq.ft.)InplaceRent (000’ssq.ft.)InplaceRent (000’ssq.ft.)InplaceRent2018 &Beyond(000’ssq.ft.)United States (1) 61,929 4,818 3,759 $58 6,077 $54 6,308 $ 54 5,718 $61 5,815 $65 5,707 $66 23,727 $59Australia 2,664 36 26 51 23 40 31 44 122 29 729 11 344 18 1,354 13Brazil 2,786 85 728 52 338 47 294 104 405 75 241 78 118 25 577 15Total 67,379 4,939 4,513 $57 6,438 $54 6,633 $ 56 6,245 $61 6,785 $60 6,169 $63 25,658 $56Percentage of Total 100.0% 7.3% 6.7% 9.6% 9.8% 9.3% 10.1% 9.2% 38.0%(1) Represents regional malls only and excludes leases on traditional anchor stores and specialty leasing license agreements.(US $)The following table summarizes our leasing activity from December 31, 2011 to March 31, 2012:Dec. 31, 2011 Mar. 31, 2012YearOne Average Acq.Total ExpiringLeasing Leasing (Disp.) LeasableLeased (1) Expiries Rent Leasing Rent Rent Additions Area(000’s (000’s ($ per (000’s ($ per ($ per (000’s (000’sSq.Ft.) Sq. Ft.) Sq.Ft.) Sq. Ft.) Sq.Ft.) Sq.Ft.) Sq. Ft.) Sq. Ft.)LeasableArea (1)(000’sSq.Ft.)InplaceRentLeased(000’sSq.Ft.)United States 66,369 62,158 (5,579) $56.68 4,972 $54.86 $59.99 578 66,947 62,129Australia 2,744 2,689 - - - - - (80) 2,664 2,628Brazil 3,069 2,905 (22) 45.95 101 29.23 30.41 (283) 2,786 2,701Total 72,182 67,752 (5,601) $56.64 5,073 $54.35 $59.40 215 72,397 67,458(1) Has been restated to reflect the impact of remeasurements which are done annually in the first quarter.The following list reflects the ten largest tenants in our retail portfolio as at March 31, 2012. The largesttenant in our portfolio accounted for approximately 2.6% of minimum rents, tenant recoveries and other.Top Ten Largest TenantsPrimary DBAPercent ofMinimumRents,TenantRecoveriesand Other(%)Total(000’sSq.Ft.)NumberofLocationsLimited Brands, Inc. Victoria’s Secret, Bath & Body Works, PINK 2.6% 1,771 306Foot Locker, Inc. Foot Locker, Champs Sports, Footaction USA 2.6% 1,444 363The Gap, Inc. Gap, Banana Republic, Old Navy 2.5% 2,372 227Abercrombie & Fitch Stores, Inc.Abercrombie, Abercrombie & Fitch, Hollister,Gilly Hicks 1.9% 1,409 199Forever 21, Inc. Forever 21 1.8% 2,265 107Golden Gate Capital Express, J. Jill, Eddie Bauer 1.4% 1,183 144American Eagle Outfitters, Inc. American Eagle, Aerie, Martin + Osa 1.5% 921 162Luxottica Retail North America Inc. Lenscrafters, Sunglass Hut, Pearle Vision 1.4% 581 289Macy’s Inc. Macy’s, Bloomingdale’s 1.1% 20,881 135Genesco Inc.Journeys, Lids, Underground Station, Johnston& Murphy 1.1% 543 356Total 17.9% 33,370 2,288We develop and redevelop retail properties on a selective basis to enhance our portfolio when we believerisk-adjusted returns can be earned. As of March 31, 2012, the total anticipated costs of these redevelopmentprojects were estimated to be approximately $350 million. We are currently redeveloping two consolidated53