Brookfield Office Properties Announces Quarterly Dividend Rate on its Series S Preference Shares

All amounts in Canadian dollars.

Brookfield News, August 31, 2018 Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the quarterly dividend rate on its Class AAA Preference Shares, Series S (Series S Shares) (TSX: BPO.PR.S).

The dividend is paid at an annual rate, calculated for each quarter, of 3.48% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate in respect of the October 1, 2018 to December 31, 2018 dividend period for the Series S Shares will be 1.257750% (4.99% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.314438 per share, payable on December 31, 2018.

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About Brookfield Office Properties

Brookfield Office Properties Inc. is a subsidiary of Brookfield Property Partners L.P., one of the worlds largest commercial real estate companies, with approximately $69 billion in total assets. For more information, please visit www.bpy.brookfield.com/bpo.

Brookfield Contact:

Sherif El-Azzazi
Director, Investor Relations & Communications
Tel.: (212) 417-7169
Email: [email protected]