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Not for distribution to U.S. newswire services nor for dissemination to the United States. 
All amounts in Canadian dollars.
BROOKFIELD NEWS, Sept. 01, 2020 (GLOBE NEWSWIRE) — 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, 2020 to December  31, 2020 dividend period for the Series S Shares will be 0.914960% (3.63% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.228740 per share, payable on December 31, 2020.About Brookfield Office PropertiesBrookfield Office Properties Inc. is a subsidiary of Brookfield Property Partners L.P., one of the world’s largest commercial real estate companies, with approximately $86 billion in total assets. For more information, please visit bpy.brookfield.com/bpo.Brookfield Contact:Matt Cherry
Senior Vice President, Investor Relations
Tel.: (212) 417-7488
Email: matthew.cherry@brookfield.com