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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. > Repurchased numbers
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Post by NPCexeon Aug 07, 2020 2:32pm
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Post# 31380355

Repurchased numbers

Repurchased numbersWe continue to believe the trading price of our units does not adequately reflect the underlying value of our assets. And during the second quarter, we repurchased over 2.6 million units for cancellation at an average price of $8.45 per unit. In total, we have repurchased over 10 million of our units in 2020, and we'll be renewing our normal course issuer bid later this quarter, to allow us to continue purchasing more units in the future. 8.45, Lucky!
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