Brookfield Office Properties Inc T.BPO.P.A

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

Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

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Brookfield Office Properties Inc > Remember, Prefers "cost" more than debt... company can't

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Comment by CrazyTraderon Apr 25, 2024 5:19pm

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Post# 36008122

RE:RE:Remember, Prefers "cost" more than debt... company can't

RESET Prefers were isssued because back then interest rates were going down down down down down.... So, the cost (dividend payments) on them would become smaller smaller smaller. For the longest time, that's was the trend on interest rates... Down..

Until we hit basically ZERO.

Do you see any company issuing new RESET Prefers in past few years!!!!! I don't think so!!!!

WHY?.... interest RATES going up and still.

OH, I know why pref shares exist, why RESET prefers exist, THAT's why I bought them now and holding.

Significant more gains on share price to be had. Not to mention dividends, that's just gravy.

Companies can not redeem them immediately. It's pretty basic stuff you should know.

It seems you can't make sense about these prefs, not me.

Sold my boat, not interested in another.

Let me guess, you sold most of your holdings....

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