Brookfield Office Properties Inc T.BPO.P.A

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

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.

TSX:BPO.P.A - Post by User

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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