v3.26.1
CAPITAL SECURITIES - Capital Securities Outstanding (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Disclosure of classes of share capital [line items]      
Total capital securities $ 1,326 $ 1,406 $ 2,829
Current 744 785  
Non-current $ 582 621  
Operating Partnership | Series 3, Class A Preferred Equity Units      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 24,000,000    
Cumulative dividend rate 6.75%    
Total capital securities $ 594 587  
Operating Partnership | New LP Preferred Units      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 19,000,749    
Total capital securities $ 466 466  
Operating Partnership | 6.25% Class A Cumulative Redeemable Units, Series 1      
Disclosure of classes of share capital [line items]      
Cumulative dividend rate 6.25%    
Brookfield Property Split Corp. | Series 1, Senior Preferred Shares      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 516,766    
Cumulative dividend rate 5.25%    
Total capital securities $ 13 13  
Brookfield Property Split Corp. | Series 2, Senior Preferred Shares      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 250,517    
Cumulative dividend rate 5.75%    
Total capital securities $ 4 5  
Brookfield Property Split Corp. | Series 3, Senior Preferred Shares      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 322,130    
Cumulative dividend rate 5.00%    
Total capital securities $ 6 6  
Brookfield Property Split Corp. | Series 4, Senior Preferred Shares      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 265,961    
Cumulative dividend rate 5.20%    
Total capital securities $ 5 5  
Rouse Properties L.P. (“Rouse”) Series A Preferred Shares | Series A Preferred Shares      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 4,611,000    
Cumulative dividend rate 5.00%    
Total capital securities $ 119 170  
BSREP II Brazil Office Preferred Shares | Series A Preferred Shares      
Disclosure of classes of share capital [line items]      
Shares outstanding (in shares) 4,254,496    
Cumulative dividend rate 8.75%    
Total capital securities $ 119 73  
Capital Securities – Fund Subsidiaries      
Disclosure of classes of share capital [line items]      
Total capital securities $ 0 $ 81