v3.26.1
EQUITY - Narratives (Details)
$ / shares in Units, $ in Millions
6 Months Ended
Jun. 30, 2026
USD ($)
class
vote
$ / shares
shares
Dec. 31, 2025
USD ($)
shares
Disclosure of classes of share capital [line items]    
Number of classes of shares | class 5  
BPY Fair Value LTIP Unit Plan | Restricted Stock Units (RSUs)    
Disclosure of classes of share capital [line items]    
Number of shares outstanding (in shares) 473,761 482,384
Limited partners    
Disclosure of classes of share capital [line items]    
Proportion of voting rights held by non-controlling interests 49.00%  
Redeemable and Exchangeable Units    
Disclosure of classes of share capital [line items]    
Number of shares outstanding (in shares) 792,026,022 727,328,582
Special LP Units    
Disclosure of classes of share capital [line items]    
Number of shares outstanding (in shares) 6,147,901 6,147,901
Preferred equity    
Disclosure of classes of share capital [line items]    
Issued capital | $ $ 699 $ 699
Series 1, Class A Preferred Equity Units    
Disclosure of classes of share capital [line items]    
Number of shares/units issued 7,360,000  
Par value per share (in dollars per share) | $ / shares $ 25.00  
Series 2, Class A Preferred Equity Units    
Disclosure of classes of share capital [line items]    
Number of shares/units issued 10,000,000  
Par value per share (in dollars per share) | $ / shares $ 25.00  
6.50% Class A Cumulative Redeemable Perpetual Units, Series 1    
Disclosure of classes of share capital [line items]    
Coupon rate (as a percentage) 6.50%  
6.375% Class A Cumulative Redeemable Perpetual Units, Series 2    
Disclosure of classes of share capital [line items]    
Coupon rate (as a percentage) 6.375%  
Series 3, Class A Preferred Equity Units    
Disclosure of classes of share capital [line items]    
Number of shares/units issued 11,500,000  
Par value per share (in dollars per share) | $ / shares $ 25.00  
5.750% Class A Cumulative Redeemable Perpetual Units, Series 3    
Disclosure of classes of share capital [line items]    
Coupon rate (as a percentage) 5.75%  
General partner    
Disclosure of classes of share capital [line items]    
Proportion of voting rights held by non-controlling interests 1.00%  
Number of shares outstanding (in shares) 138,875 138,875
Limited partners    
Disclosure of classes of share capital [line items]    
Number of votes | vote 1  
Number of shares outstanding (in shares) 446,701,480 410,493,281
FV LTIP of the Operating Partnership    
Disclosure of classes of share capital [line items]    
Award vesting period 5 years