XML 87 R62.htm IDEA: XBRL DOCUMENT v3.20.2
INVESTMENT PROPERTIES - Schedule of Investment Properties Measured at Fair Value (Details)
$ in Millions
Jun. 30, 2020
USD ($)
year
Dec. 31, 2019
USD ($)
Disclosure of fair value measurement of assets [line items]    
Investment properties $ 96,887 $ 96,686
Core office | United States    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 7.00%  
Investment properties $ 15,275  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 5.70%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 12  
Core office | Canada    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 5.90%  
Investment properties $ 4,676  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 5.20%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 10  
Core office | Australia    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 6.50%  
Investment properties $ 2,370  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 5.80%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 10  
Core office | Europe    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 5.10%  
Investment properties $ 2,852  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 4.00%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 10  
Core office | Brazil    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 7.90%  
Investment properties $ 269  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 7.40%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 10  
Core retail    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 6.90%  
Investment properties $ 21,253  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 5.40%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 10  
LP investments office    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 9.70%  
Investment properties $ 8,367  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 7.30%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 7  
LP investments retail    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 8.60%  
Investment properties $ 2,832  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 7.00%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 10  
Logistics    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 5.80%  
Investment properties $ 136  
Multifamily [Member]    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 5.00%  
Investment properties $ 2,776  
Triple net lease    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 6.20%  
Investment properties $ 4,426  
Self-storage    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 5.60%  
Investment properties $ 1,020  
Student housing    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 4.90%  
Investment properties $ 2,564  
Manufactured housing    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 5.50%  
Investment properties $ 2,517  
Mixed-use    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 7.30%  
Investment properties $ 2,748  
Terminal Capitalization Rate Used In Current Estimate Of Fair Value 5.20%  
Investment Horizon Used In Current Estimate Of Fair Value, Investment Property | year 10  
Directly-held real estate properties [Member]    
Disclosure of fair value measurement of assets [line items]    
Investment properties $ 21,509  
Other investment properties    
Disclosure of fair value measurement of assets [line items]    
Discount rate applied to cash flow projections, investment property 8.90%  
Investment properties $ 1,297