September 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.<br /><br />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.<br /><br />“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. 