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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

Post by Lacas24on Jul 09, 2020 4:06am
258 Views
Post# 31243626

Preferred shares

Preferred sharesI don't understand why you guys sweating with the common shares really. Just grab BPO. PR.Y. preferred BPY shares. Yields 10% but you got a safety net. You got paid first and if the dividend gets trimmed on the common shares you are golden. Trades at 6.75 with a par at 25$. It's a fixed floating 70% prime rate. You got nothing to lose and gain tremendously in case sh$t hits the fan.
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