Brookfield Office Properties Inc T.BPO.P.A

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

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 > Sure Glad These Are RESET Preferreds. 2+ years of rapid

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Comment by stopedouton Aug 01, 2023 8:26pm

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RE:Sure Glad These Are RESET Preferreds. 2+ years of rapid

I think the reason is that Brookfield likely kept a subsidiary called Brookfield Office within the BPY company and if it gets into trouble, they walk from it and declare bankruptsy of BPO, with the preferreds inlcuded in that company. The BPY continues on as it was. That is why I only have a small pref position in BPO from what was a large position. If you can confirm otherwise, that the BPO prefs sit above the BPY common, let me know amd I would considering buying back.

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