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 expiringaverage in-place rents by region at December 31, 2011:(000’s sq.ft.)Expiring LeasesNet2012 2013 2014 2015 2016 2017 2018 & BeyondRentalArea AvailableCurrently (000’ssq. ft.) In-place (000’sRent sq. ft.) In-place (000’sRent sq. ft.) In-place (000’sRent sq. ft.) In-place (000’sRent sq. ft.) In-place (000’sRent sq. ft.) In-place (000’sRent sq. ft.) In-placeRentUnitedStates (1) 61,638 4,211 6,509 $54 6,334 $53 5,906 $53 5,363 $61 5,684 $64 5,076 $66 22,555 $59Australia 2,744 55 33 39 20 41 31 43 122 19 719 11 336 18 1,428 12Brazil 3,069 164 675 69 376 47 470 87 433 73 218 68 109 22 624 15Total 67,451 4,430 7,217 $55 6,730 $53 6,407 $55 5,918 $61 6,621 $58 5,521 $62 24,607 $55Percentageof Total 100.0% 6.6% 10.7% 10.0% 9.5% 8.8% 9.8% 8.2% 36.4%(1) Represents regional malls only and excludes leases on traditional anchor stores and specialty leasing license agreements.Multi-Family and IndustrialIFRS Value – Multi-Family and IndustrialThe following table presents IFRS Value of our multi-family and industrial segment:(US$ Millions) Dec. 31, 2011 Dec. 31, 2010Investment properties $ 971 $ 956Equity accounted investments 84 34Loans and notes receivable - 89Accounts receivable and other 57 691,112 1,148Property-specific borrowings 564 606Accounts payable and other liabilities 20 19Non-controlling interests 371 359IFRS Value $ 157 $ 164IFRS Value decreased over the period as a result of asset sales which was offset by further investmentsand fair value gains.Operating Results – Multi-Family and IndustrialThe following table presents the NOI, FFO and Total Return of our multi-family and industrial segmentfor the years ended December 31, 2011, 2010 and 2009:(US$ Millions) 2011 2010 2009NOI (1) $ 46 $ 22 $ 13Equity accounted investments (2) - -Investment and other income - (3) 244 19 15Interest and other expense 44 7 7Non-controlling interests 5 9 -FFO (1) $ (5) $ 3 $ 8Fair value changes 28 63 -Realized gains 11 52 -Non-controlling interests (22) (83) -Total valuation gains 17 32 -Total Return (1) $ 12 $ 35 $ 8(1) Refer to tables under “—Reconciliation of Performance Measures to IFRS Measures” below in this MD&A for reconciliation of NOI,FFO and Total Return to IFRS measures.94