RE:Preferred sharesI like the BPO prefs a lot myself. One thing to note is that the divs are paid by Brookfield Office Properties, which is a corporation that is wholly owned by BPY and contains the core office properties. It's hard to imagine a scenario where BPY would suspend dividends on the BPO prefs becasue then they wouldn't be able to dividend cash from the office properties out to the rest of the company. Considering that BPY's main priority is to maintain its distribution and deal with challanges in the retail assets, they can't afford to have the office cash flows stuck within BPO. I prefer BPO.PR.N and BPO.PR.P because you get paid the 5year Canada Bond plus 3%. And they trade at $10 with yields of about 10%.