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. > This ones solid

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Comment by born2tradeon Apr 22, 2020 6:18pm

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Post# 30941930

RE:RE:RE:This ones solid

Excellent discussion!!

Greg Newman is bearish on this stock and link is below if you haven’t watched it already on BNN

https://www.bnnbloomberg.ca/investing/video/greg-newman-discusses-brookfield-property-partners~1939925

However, he doesn’t seem to indicate BPY will not survive. To quote him, BPY is vulnerable (vulnerable doesn’t mean dead) in this environment because of several reasons

Highly leveraged B/S
High payout ratio (120%)
High short positions
Leveraged play but marquee properties in world class cities
Possibility of dividend cut
Longer turnaround time

Do you read his remarks differently? I noticed some people on this board have bearish outlook on this stock and possibly they are short. But at some point they will need to cover and this should lead to big rally . Is anyone averaging down on this ?