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Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s):  BRPPF | BOPPF | T.BPO.PR.C | BKAAF | T.BPO.PR.N | BRKFF | T.BPO.PR.P | BROAF | T.BPO.PR.R | T.BPO.PR.T | T.BPS.PR.U | BRPYF | T.BPO.PR.W | T.BPO.PR.Y | T.BPO.PR.X | BKEEF | T.BPO.PR.E | BROPF | T.BPO.PR.G | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City, Toronto and Perth to Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, its distinguished portfolio attracts financial, energy, government and professional service organizations which have high credit ratings and maintain long-term leases.


TSX:BPO.PR.A - Post by User

Post by CrazyTraderon May 31, 2023 5:27pm
286 Views
Post# 35473683

For past 10yrs+ Charts of Prefers were in Down Trend

For past 10yrs+ Charts of Prefers were in Down TrendThat's because interest rates were in a down trend, going to near zero.... So Preferrs were reseting lower and lower, so it made common sense that share prices would go lower.  

But now we have the opposite, interest rates going up.   Prefers will reset at higher rates, at least the ones that do reset like these (the 5yr reset prefers).   So, it doesn't make sense for reset prefers to tank.  

I don't know..... Like I said, I'm looking at 17%+ reset yield just at current 5yr rates.... and I think the 5 yr rates are going to hold if not go higher!!   So I could be looking at maybe 20% yield.


All just my opinion/view/thinking/guessing
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