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. > BPY US$17.99 / BPYU US$18.58

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Comment by Vette08on Mar 09, 2021 1:18pm

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Post# 32753706

RE:BPY US$17.99 / BPYU US$18.58

So the stock has gone ex-div at the end of February and BPY/BPYU are still trading as if there will be a sweetened offer to around US$18 per share....gotta believe any shorts have been cleared out by now so they would not have to pay the 33 cent dividend?

I looked at the BOX.UN take-private timeline from 2017 and I believe the offer was press released on Jan 23 was and a definitive agreement was press released on April 20....based on this timeline, I guess we can expect a definitive agreement sometime in early April.

The BOX.UN agreement had a provision where dividends were prorated until closing so maybe a bit more $$ there for us loyal unitholders.

Looking forward to seeing just how hard the BPY Independent Committee worked for us loyal unitholders.

Still long,
Vette

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