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Brookfield Property Partners L.P. 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. > BAM now buying BPY shares
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Comment by Vette08on Mar 30, 2020 7:27pm
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Post# 30862220

RE:RE:RE:RE:BAM now buying BPY shares

RE:RE:RE:RE:BAM now buying BPY sharesOlive,

Just checked the updated insider filings and see BAM has been in buying almost a million shares per day since Mar 20......

So on further thought, it definitely seems like BAM is willing to clean up any shares (longs or shorts) and this is setting the stock up for a dramatic bounce if this medical and economic panic moves in a positive direction.

BAM is showing serious determination here and it will be interesting to see how long they stay on the bid and if it goes on an on, I would think next step is a takeover bid.

It would also be interesting to know if they are buying in the open market or buying blocks from long-term holders who want out.

Vette


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