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Brookfield Office Properties Inc T.BPO.P.A


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

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.


TSX:BPO.PR.A - Post by User

Comment by CanSiamCypon Jun 03, 2023 8:44pm
132 Views
Post# 35478846

RE:RE:RE:RE:Looks like some of the Prefers are starting to move UP

RE:RE:RE:RE:Looks like some of the Prefers are starting to move UPNJ:

Given the byzantine corporate structures used within the Brookfield entities, I'm not sure if anyone can address this issue definitively. Absolutely, subsectors like Brookfield Renewable and Brookfield Infrastructure will not collapse. However, if office real estate proves to be a drag on the entirety, could BN default on BPO obligations ... rather like amputating a gangrenous toe to save a patient's life? This current panic was triggered by Brookfield defaulting on mortgage renewals on a couple of large office complexes in the USA (LA?) ... which they did with no apparent repercussions for the other subsidiary components. But it sure resulted in a swift kick in the gon@ds for BPO preferreds!

Cheers!

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