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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 Vette08on Nov 06, 2020 10:24am
382 Views
Post# 31851007

Q3 Results

Q3 ResultsThere is nothing exciting at all in the results this morning other than things are slowly returning to normal.  

The recent run in the stock seems to be more about the fact BAM and BPY have now invested $1.4 billion in timely stock purchases in 2020 which is a huge statement of support.

At this rate, I expect BPY will not be a public entity in a couple years.

Still long,
Vette


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