Brookfield Property Partners L.P. BPY

Financial Times Article

[Vette08]

The Financial Times published an article today on the Brookfield empire with a serious negative bent on BPY and it so happens BPY published its own results today.

If you are long BPY, it is a must read.

Seriously makes me want to consider selling my stock. But still LONG for now.

Vette

[daytrade]

Have not read the article... yet from recent trading activity, I would be cautious and buy on the dips and write call options. Positives are.... they indicated on interview of buying in North America. This clearly means they are in a growth/risk acquisition. Share buybacks will increase on a weak SP. On the index which should bring more stability and limited downward pressure. Negatives are.. no

[TickBomb]

Old news.  Brookfield is not some super secretive organization. IDK WTF this journalist is talking about.  Brookfield asset management owns a ton of BPY.  They spun the subs out a couple years ago due to investor demand to target specific classes.  Otherwise it would be one ticker symbol.  Multiple tickers confuses people, but if it was still one ticker, no one would have

[Vette08]

I agree with you that this a non-issue if BAM owns 100% of BPY and no one would care about the internal sale. And I agree with you that BAM owns a ton of BPY, but this ton is only 50%, not 100% (its loyal unitholders like us who happen to own the other 50%).  Massive internal sales between such entities is always a major governance issue and requires excessive disclosure and I can tell you I

[SargeX]

Hey Vette Thanks for all your insightful postings. I appreciate all your comments. I still think BPY.UN will ultimately be fine and get back to $30 at some point. This might be a bit of blind faith in the management as well as it being well below NAV. I'm a retiree and my wife and I live entirely off dividend income, OAS, and CPP so when the dust settles, share price doesn't really

[Vette08]

Hi Sarge, You clearly have your own goals in mind and good on you. I am just throwing stuff out there and this Financial Times article very much resonated with me.  And there were lots of nuances in that article that throw my BPY investment thesis on its head. Going back to my very first posts in 2018, my main concern in owning BPY, is BAM privatizes BPY at a price well below NAV or even

[hoffbag]

This article recycled alot of old news.  I am not sure why it was written.  I have been invested with BAM since the Brascan days.  From time to time articles pop up, some flattering some not.  From all appearances they are a class act and do as advertised.  Anyone selling BPY based on that article shouldnt have bought in the first place.

[Capharnaum]

I wouldn't be against an integration into BAM as long as the price is right. Say they offer 90% of NAV consisting of BAM shares for the current share price + cash for the difference, I wouldn't mind this to be integrated into BAM. If they believe NAV is right, this would be accretive to BAM shareholders and it would represent a premium of over 30% for BPY shareholders at current share

[Jsboutin]

It's unlikely that BAM would want to do this at anywhere close to NAV. As it stands, they are earning management fees, plus an incentive distribution on any future increases. Long term they have 0 incentive to bring this back in BAM anywhere close to NAV.