Brookfield Property Partners L.P. T.BPY.UN

Primary Symbol: BPY

Real Estate

Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being a global owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and the corporate sector. It generates a majority of revenue from the LP Investments segment.

NDAQ:BPY - Post by User

Brookfield Property Partners L.P. > Buying on this dip.

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Comment by SargeXon Dec 09, 2019 2:19pm

234 Views

Post# 30436689

RE:RE:RE:RE:RE:RE:RE:Buying on this dip.

I do a bit of trading off and on and am in one of those trading moods lately, starting last week with KEY, PPL, and ALA. I also bought 1000 shares of BPY.UN this morning at $24.75. I'm looking for around a $25.15 or so sell price to pocket some pizza money. :-)

Capharnaum wrote:

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.