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


Primary Symbol: BPY

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

Comment by shawshank2on Apr 22, 2020 5:23pm
205 Views
Post# 30941716

RE:This ones solid

RE:This ones solidThis is a very good point. I think there are a few things going on with this stock atm. Firstly greg newmam on bnn market call gave the illusion there may be bankruptcy concerns which to me is a red herring. Secondly i think maybe some holders from the last couple of years are leaving this position as many think it will be a slower recovery or worry about a buyout from bam which would do well for people who have purchased in this area but not for those who have held for a few years. Lastly i think people have concerns about the dividend. I would be very suprirsed to see if there was any cut but if so it would on further better their balance sheets. I would expect to maybe see a little lower to shake out the weak hands then a nice rebound if the markets in general continue their course. Ps there is major algo manipulation at the moment. There was a huge cross trade at 12$ today which was someone opening up for further downwards. Glta
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