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Brookfield Office Properties Inc T.BPO.PR.A

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

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 rodbharon Dec 28, 2023 9:19pm
148 Views
Post# 35803447

RE:RE:RE:RE:RE:What I NEED to hear and see from Brookfield is that they

RE:RE:RE:RE:RE:What I NEED to hear and see from Brookfield is that theyYes I saw this and it shows nothing. The 96% office occupancy refers to Core, which is 2/3rds of the real estate equity. The 86% occupancy number includes "Transitional and Developmemt". But the 86% is an average calculated on square footage NOT equity. BPY has very little equity in the low occupancy buildings. If you took out all of the lower occupancy office for example you'd remove at most $3B of equity out of a total of $30B, or just 10%. The 90% remaining would have occupancy>95%. Again, averages are distorting the reality here. Also of note, Core same-property NOI is growing at 9% year over year.
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