RE:RE:RE:RE:RE:RE:Buying on this dip. KR1527 wrote: haha, that's fair, it is a nice yield, I get it, but would be nice to see it realize it's value which should be closer to 30 bucks. And no, I'm not a millenial, Gen X ;)
I believe the true value of BPY is much higher than $30, however, it's possible that share price always trades at a discount to NAV. Even at $30, then it would still trade at more than 20% discount to NAV.