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

• “Holding Entities” are to the direct subsidiaries of the Property Partnership, from time to time,through which it indirectly holds all of our interests in our operating entities;• “our limited partnership agreement” are to the amended and restated limited partnership agreementof our company to be entered into on or about the date of the spin-off;• the “Managers” are to the affiliates of Brookfield that provide services to us pursuant to our MasterServices Agreement, which are expected to be Brookfield Asset Management (Barbados) Inc.,BGRE Partners LP, Brookfield Developments Europe Ltd. and Brookfield Global Real Estate LLC,which are subsidiaries of Brookfield Asset Management, and unless the context otherwise requires,include any other affiliate of Brookfield that is appointed by the Managers from time to time to actas a Manager pursuant to our Master Services Agreement;• “Master Services Agreement” are to the master services agreement among the Service Recipients,the Managers, and certain other subsidiaries of Brookfield Asset Management who are partiesthereto;• “operating entities” are to the entities in which the Holding Entities hold interests and that directlyor indirectly hold our real estate assets other than entities in which the Holding Entities holdinterests for investment purposes only of less than 5% of the equity securities;• “our portfolio” are to the commercial property assets in our office, retail, multi-family andindustrial and opportunistic investment platforms, as applicable;• the “Property General Partner” are to the general partner of the Property GP LP, which prior to thespin-off will be 1648287 Alberta ULC, a wholly-owned subsidiary of Brookfield AssetManagement, and following completion of the spin-off will be Brookfield Property General PartnerLimited, a wholly-owned subsidiary of Brookfield Asset Management;• the “Property GP LP” are to Brookfield Property GP L.P., a wholly-owned subsidiary of BrookfieldAsset Management, which serves as the general partner of the Property Partnership;• the “Property Partnership” are to Brookfield Property L.P.;• the “Redemption-Exchange Mechanism” are to the mechanism by which Brookfield may requestredemption of its Redemption-Exchange Units in whole or in part in exchange for cash, subject tothe right of our company to acquire such interests (in lieu of such redemption) in exchange for unitsof our company, as more fully described in Item 10.B. “Additional Information — Memorandumand Articles of Association — Description of the Property Partnership Limited PartnershipAgreement — Redemption-Exchange Mechanism”;• the “Redemption-Exchange Units” are to the non-voting limited partnership interests in theProperty Partnership with a right of redemption or exchange pursuant to the Redemption-ExchangeMechanism;• “Service Recipients” are to our company, the Property Partnership, the Holding Entities and, at theoption of the Holding Entities, any wholly-owned subsidiary of a Holding Entity excluding anyoperating entity;• “spin-off” are to the special dividend of our units by Brookfield Asset Management as describedunder Item 4.A. “Information on the Company — History and Development of the Company —The Spin-Off”; and• “our units” and “units of our company” are to the non-voting limited partnership units in ourcompany and references to “our unitholders” and “our limited partners” are to the holders of ourunits.2