Brookfield Office Properties Inc T.BPO.P.A

Primary Symbol: T.BPO.PR.A Alternate Symbol(s): BKAAF | BRKFF | BRPYF | T.BPO.PR.Y | BROAF | T.BPO.PR.C | BKOFF | T.BPO.PR.E | T.BPO.PR.G | T.BPO.PR.I | T.BPS.PR.U | BROPF | BOPPF | T.BPO.PR.N | T.BPO.PR.P | T.BPO.PR.R | T.BPO.PR.T | BKEEF | BRPPF | T.BPO.PR.W | T.BPO.PR.X

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City, Toronto and Perth to Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, its distinguished portfolio attracts financial, energy, government and professional service organizations which have high credit ratings and maintain long-term leases.

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Brookfield Office Properties Inc > Mean reversion

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Comment by indoubtgetouton Apr 04, 2023 1:22pm

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Post# 35379085

RE:RE:Mean reversion

Unlikely that Brookfiled defaults on their properties that they own in BAM - which owns BPO. So the BPO preferreds are likely to be ok - they are still rated P3 by DBRS and have not been downgraded.
The LA property situation is isolated IMHO. That said, where there is smoke sometimes there is fire so the BPO's prefs by being sold off aggressively by select institutions that just want out. Therefore, the BPO prefs are all on sale!!!

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