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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 jaybull79on Apr 24, 2020 4:12pm
252 Views
Post# 30951484

RE:RE:The Covid 19 effect on REITS

RE:RE:The Covid 19 effect on REITSI totally agree! I also think e-commerce exhaustion is going to set in for the masses who are locked down. Retail/office/malls are going to be totally fine after this. Things may start out slow, but a social boom will take hold at some point and last for quite a while. The scars of lockdown will be a tailwind. And COVID is a social scar, not just economic, the likes we've ever seen before. And i'm not saying this necessarily as a BPY shareholder, but as a person. Socializing, shopping, movie going, working downtown and going out for lunch at a food court/bar, you name it, is going to be craved and boom for a while after this. Put one tenant in for another in Brookfield Place or wherever the office or mall is, it will be totally fine as BPY is in prime locaitons that are craved (the current hits will only be short term). The guys i'm drinking with on ZOOM are already OVER it LOL. Human nature will prevail as it always does and we will un-coil and we will socially BOOM!!!
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