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RELATED PARTIES - Narrative (Details)
3 Months Ended 12 Months Ended
Dec. 09, 2022
USD ($)
Dec. 30, 2021
Sep. 13, 2021
USD ($)
shares
Jul. 26, 2021
USD ($)
Dec. 31, 2020
USD ($)
$ / shares
Dec. 04, 2014
Dec. 31, 2021
USD ($)
multifamily_asset
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
$ / shares
shares
Jun. 29, 2021
USD ($)
Disclosure of transactions between related parties [line items]                      
Preferred Units redeemed $ 1,000,000,000                    
Acquisition of LP interests $ 2,475,000,000                    
Investment properties               $ 1,861,000,000 $ 2,431,000,000 $ 2,252,000,000  
Brookfield Corporation                      
Disclosure of transactions between related parties [line items]                      
Distribution of business, percent 25.00%                    
Limited Partner Units, $12.00/unit                      
Disclosure of transactions between related parties [line items]                      
Number of shares/units issued (in shares) | shares                   2,696,841  
Share price (in dollars per share) | $ / shares         $ 12.00         $ 12.00  
Limited Partner Units, $12.65/unit                      
Disclosure of transactions between related parties [line items]                      
Number of shares/units issued (in shares) | shares                   5,967,063  
Share price (in dollars per share) | $ / shares         12.65         $ 12.65  
Limited Partner Units, $13.92/unit                      
Disclosure of transactions between related parties [line items]                      
Number of shares/units issued (in shares) | shares                   13,392,277  
Share price (in dollars per share) | $ / shares         13.92         $ 13.92  
Redeemable/Exchangeable Partnership Units                      
Disclosure of transactions between related parties [line items]                      
Number of shares/units issued (in shares) | shares                   18,715,912  
Share price (in dollars per share) | $ / shares         $ 12.00         $ 12.00  
Preferred Equity Tranche One                      
Disclosure of transactions between related parties [line items]                      
Maturity term   7 years       7 years          
Preferred Equity, Tranche Two                      
Disclosure of transactions between related parties [line items]                      
Maturity term           10 years          
Tranche Three                      
Disclosure of transactions between related parties [line items]                      
Maturity term           12 years          
Brookfield Asset Management                      
Disclosure of transactions between related parties [line items]                      
Management fee Inflation adjustment, percent of total capitalization         0.50%            
Management fee expense, minimum         $ 50,000,000     $ 50,000,000      
Management fee percent               1.05%      
Management fee expense               $ 223,000,000 155,000,000 $ 73,000,000  
Brookfield Asset Management | Limited Partner Units, $11.36/unit                      
Disclosure of transactions between related parties [line items]                      
Number of shares/units issued (in shares) | shares                   9,416,816  
Share price (in dollars per share) | $ / shares         $ 11.36         $ 11.36  
Subsidiaries                      
Disclosure of transactions between related parties [line items]                      
Number of real estate properties sold | multifamily_asset             2        
Subsidiaries | United States                      
Disclosure of transactions between related parties [line items]                      
Investment properties             $ 73,000,000        
Subsidiaries | United Kingdom                      
Disclosure of transactions between related parties [line items]                      
Investment properties             $ 101,000,000        
Subsidiaries | Brookfield Place Sydney                      
Disclosure of transactions between related parties [line items]                      
Consideration                     $ 153,000,000
Subsidiaries | Limited Partner Units                      
Disclosure of transactions between related parties [line items]                      
Issuances to redeemable/exchangeable and special limited partnership unitholders       $ 2,500,000,000              
Subsidiaries | Redeemable/Exchangeable Partnership Units                      
Disclosure of transactions between related parties [line items]                      
Number of shares/units issued (in shares) | shares     34,000,000                
Issuances to redeemable/exchangeable and special limited partnership unitholders     $ 2,000,000,000                
Affiliated entities                      
Disclosure of transactions between related parties [line items]                      
Distributions on Brookfield Corporation’s interest in Canholdco               $ 113,000,000 $ 369,000,000 $ 0  
Preferred equity unit holders                      
Disclosure of transactions between related parties [line items]                      
Conversion condition, limit of market price to exchange price at maturity, percent           80.00%