SOURCE: Brookfield Property Partners L.P.
HAMILTON, BERMUDA--(Marketwired - Sep 27, 2013) - Brookfield Property Partners L.P. (NYSE: BPY) (TSX: BPY.UN) today announced the appointment of John Stinebaugh as Chief Financial Officer, effective immediately. Mr. Stinebaugh succeeds Steve Douglas who after fulfilling his commitment to oversee the launch of Brookfield Property Partners will be taking another role at Brookfield.
For the last five years, Mr. Stinebaugh has been the Chief Financial Officer of the Brookfield Infrastructure Group, responsible for financial reporting, investor relations, risk management, corporate finance and overall funding activities.
"We look forward to John playing a strong leadership role in the financial management of Brookfield Property Partners as we execute our growth strategy," said Ric Clark, Chief Executive Officer of the Brookfield Property Group. "Steve has demonstrated exceptional financial leadership during the spin-off of Brookfield Property Partners and we thank him for his stewardship in getting BPY up and running," Clark concluded.
About Brookfield Property Partners
Brookfield Property Partners is a commercial real estate owner, operator and investor operating globally. Our diversified portfolio includes interests in over 300 office and retail properties encompassing approximately 250 million square feet. In addition, we have interests in approximately 20,000 multi-family units, 35 million square feet of industrial space and a 19 million square foot office development pipeline. Our goal is to be the leading global investor in best in class commercial property assets. For more information, please visit www.brookfieldpropertypartners.com
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