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Brookfield Property Partners L.P. 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 Lacas24on Jul 28, 2020 10:32am
64 Views
Post# 31330261

RE:riocan is getting into residentials properties.

RE:riocan is getting into residentials properties. Fantastic! I guess developing 3 condo project in two dead markets like Calgary and Oshawa will save them. Lol How about their quality tenants? Best Buy Kelseys Michael's Reitmans EB Games IndiGo H&M GAP Etc etc. The list is a mile long with deadbeat tenants that are on their death bed. Face it. The market hates RioCan and that won't change. They made a huge bet on second class retail and got burned. They don't have BAM to bail them out.
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