Bullboard - Stock Discussion Forum Brookfield Office Properties Inc T.BPO.P.R

Primary Symbol: T.BPO.P.A Alternate Symbol(s): T.BPO.P.N | BOPPF | T.BPO.P.P | BROPF | 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... see more

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TSX:BPO.P.A - Post Discussion

Brookfield Office Properties Inc > BREIT

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Post by Carena on Apr 23, 2024 8:09am

BREIT

Good morning,

Just an fyi....reading the WSJ this morning and the following is an extract from an article on BREIT:

"For signs that the turbulent commercial real-estate market is beginning to stabilize, look at Blackstone’s largest real-estate fund, known as Breit.

The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022, when a flurry of withdrawals compelled it to limit how much it could pay out.

“We believe commercial real estate is at an inflection point, with real estate values bottoming,” Blackstone said in an April letter to Breit shareholders, who are mostly individual investors."

BREIT was the first large fund to gate redemptions back in 2022.
Have a good day,
Carena

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