Brookfield Property Partners L.P. T.BPY.UN

Primary Symbol: 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. > BPYU $17.92

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Comment by Vette08on Feb 10, 2021 8:15am

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Post# 32522613

RE:RE:BPYU $17.92

Hi MC,

Sorry just saw this now.....BPYU is just the symbol for the security that BPY issued when they bought GGP in 2018.

As per the press release, the offer by BAM is expected to include the same offer for BPYU at US$16.5 yet it is trading meaningfully higher than BPY. It closed at $18.06 yesterday. At some point BPY and BPYU are going to converge, either up or down.

Still long,
Vette

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