
(US$ Millions)	Jun. 30, 2026		Dec. 31, 2025
Balances outstanding with related parties:
Net (payables)/receivables within equity accounted investments	$	(194)	$	(23)
Loans and notes receivable with other affiliates	533		277
Debt obligations, payables and other liabilities(1)	(2,325)		(2,402)
Corporate borrowings	(1,076)		(1,076)
Property-specific obligations	(432)		(578)
Preferred shares held by the partnership	212		—
Preferred shares held by Brookfield Corporation	(3,033)		(2,959)
Brookfield Corporation interest in CanHoldco	(1,210)		(1,231)

(1) Includes other payables and liabilities with other affiliates as of June 30, 2026 of $325 million (December 31, 2025 - $372 million).


	Three months ended Jun. 30,				Six months ended Jun. 30,
(US$ Millions)	2026		2025		2026		2025
Transactions with related parties:
Commercial property revenue(1)	$	18	$	12	$	26	$	25
Management, leasing and development fee income	37		18		64		45

Expenses from equity accounted investments	14		6		23		18
Interest expense on debt obligations	48		55		92		116
General and administrative expense(2)	87		84		174		164
Construction costs(3)	6		6		7		18

Distributions on Brookfield Corporation’s interest in CanHoldco	5		11		6		13

(2)Includes amounts paid to the Corporation and its subsidiaries for management fees, management fees associated with the partnership’s investments in private funds, compensation expense and administrative services.

(3)Includes amounts paid to the Corporation and its subsidiaries for construction costs of development properties.