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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

Post by Eminencegriseon Aug 28, 2020 1:20pm
289 Views
Post# 31470459

Reverse Ponzi Scheme 2.0

Reverse Ponzi Scheme 2.0I agree with Veritas, the $1.5bil negative.Q2 is just the begining, BPY's asset portfolio is still WAY too far from true mark-to-market, and reported cash-burn WAY too optimistic, and BAM's not nearly reserving enough because the notion of "firewalls" between BPY's buildings and BAM's credit ratings is pure fantasy in the real world where bankers put in a day's work. If you still don't see the writing on the wall, then ask yourself, "If I were BAM with buildings full of angry bankers, who would I want working for me to face them?...BPY is wearing lead galoshes and BAM grip is slipping, not to worry though 'cause they're roped together.    
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