RE:RE:Price spikeThe biggest thing boosting BPY is the great results that SPG put out last week. They reported their leasing spread increased 14%, retailer sales per square foot increased 5%, and occupancy went up. This allayed the concerns about the malls. Riocan, SPG, and CBL are all up big this month.
There's no buy rumour/sell news going on. The rally will still depend on BPY's results obviously, but if they report good things about their retail tenants results, a decrease in leverage, and a 5% dividend hike, there won't be any drop after results.