WESFARMERS AS MAJOR TENANT

Brookfield Place Perth Tower 2

PERTH, Australia, 07 July 2015: Brookfield Property Partners L. P. (“Brookfield”) has finalised a 10 year lease agreement with one of Australia’s largest listed companies, Wesfarmers, to occupy 4,200 square metres (45,208 square feet) at Brookfield Place Tower 2 in Perth’s central business district.

Brookfield Place Tower 2 is a PCA Premium Grade 16-level office tower, currently under construction, with a total of 33,600 sqm (362,000 square feet) of net lettable area. The property will have large, efficient, column-free floor plates of 2,100 sqm, ground level conference facilities, 110 secure basement parking spaces and state of the art end of trip facilities provided for over 330 bike commuters.

In line with Brookfield’s global commitment to providing high quality sustainable work environments, Brookfield Place Tower 2 is targeting high scoring NABERS and Green Star ratings. The property is also one of the first commercial office towers in Perth to use Tri-generation technology – being the simultaneous production of power, heat and cooling from a single fuel source such as gas.

Kurt Wilkinson, President and Chief Operating Officer – Australian Office Division, Brookfield Property Partners, said: "Brookfield Place continues to attract a range of blue-chip tenants and we look forward to welcoming Wesfarmers to the precinct. As an iconic West Australian company, Wesfarmers is the perfect fit for Brookfield Place, which has built a reputation as the premier commercial address in Perth.”

The Brookfield Place Tower 2 project incorporates a sheltered upper-level walkway across Mounts Bay Road to provide greater connectivity between the Perth Bus Port, Esplanade Train Station and Perth’s city centre. The project is 100% owned, developed and will be managed by Brookfield and constructed by affiliate Brookfield Multiplex. It is scheduled for completion by the end of this year.

Wesfarmers will occupy levels 12 and 13 of the property and will move in to the building in the second quarter of 2016. Other pre-committed occupants for Tower 2 include Ashurst, Deloitte, Corrs Chambers Westgarth and Brookfield Multiplex.

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About Brookfield

Brookfield Property Partners is one of the world’s largest commercial real estate companies. Our goal is to be the leading global owner, operator and investor in best- in-class commercial property assets. Our diversified portfolio includes interests in over 100 premier office properties and over 150 best-in-class retail malls around the globe. We also hold interests in multifamily, industrial, hotel and triple net lease assets through Brookfield-managed private funds. For more information, please visit www.brookfieldpropertypartners.com.

About Brookfield Place Perth

Brookfield Place Perth is one of Australia’s most significant commercial precincts. Located in the heart of Perth’s CBD, the development’s centrepiece is a premium- grade, 45-level office tower incorporating the latest in workplace design over 75,000 square metres (807,300 square feet) of which BHP Billiton is the anchor tenant. With the addition of Tower 2, which is currently under construction, the precinct will include approximately 120,000 square metres (more than 1,292,000 square feet) of office and high-end retail accommodation, food and beverage and service outlets to Perth’s CBD. Brookfield Place Perth is fully owned, managed and built by Brookfield and its subsidiaries. For more information, visit www.brookfieldplaceperth.com

Media contact:

Kerrie Muskens
Head of Marketing and Communications Brookfield
Ph: +61 2 9322 2753 or +61 410 535250

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