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Friday, December 5, 2014

BRIEF-Songbird responds to offer from QIA and Brookfield, (NYSE: BPY)

Songbird Estates Plc * Response to offer* Believes offer from QIA and Brookfield does not reflect full value of company, its unique position and future growth potential.* Notes announcement by Qatar Investment Authority ("QIA") and Brookfield Property Partners L.P.* Board will respond to QIA and Brookfield announcement and will write to Songbird shareholders with its detailed view of offer in due course Source text for Eikon: Further company coverage: (Bengaluru Newsroom +44 207 542 1810)

Brookfield Property Partners L.P. is a commercial real estate owner, operator and investor operating globally. Shares of BPY fell by 0.39% or $-0.09/share to $23.25. In the past year, the shares have traded as low as $18.19 and as high as $23.94. On average, 249677 shares of BPY exchange hands on a given day and today's volume is recorded at 831008.