TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Sep 28, 2023 1:37pm
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Post# 35659851
Good News is that Capital $$$$ is pouring into Company
Good News is that Capital $$$$ is pouring into CompanyBPY balance sheet grew $17 Billion in 6 months! That's Crazy.
I assume company is "rebalancing", adjusting to higher interest rate enviorment by adding "profitable" assets until existing assets can be "rebalanced" (higher rents charged).
I expect the debt maturing will be rolled over, like they probably normally have been over the years, but at higher rates. So, debt is not going to be the problem, it's the interest expense that's going to be the problem until higher rents charged...... until then, I'm guessing what the company is doing is adding "profitable" assets to offset the interest expense increase.
All just my opinion/view/thinking/guessing