Brookfield Property Preferred LP's BPYPP is an exchange-traded preferred stock in the REITs sector. At a recent price of $16.00, BPYPP yields 10.16% on its $25 liquidation preference and 6.5% coupon. It trades at a discount of 36.0% to par. The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-03-31. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.