TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Feb 27, 2024 7:51am
400 Views
Post# 35900904
Any other REITS Growing Massively Like BPY ???? The entire
Any other REITS Growing Massively Like BPY ???? The entire reit sector is suffering badly, BPY included. But something "different" happening here with BPY compared to most. The company is growing massively. Q3 shows ~$17 Billion increase in the Balance sheet over 2022. Increase in revenues, increase equity as well as liabilities.
While it seems everyone else is "shrinking", BPY is growing massively.
Are there any other reits out there doing the same???? Maybe a BlackRock reit of some sort????
I view this "growth" positively. But I'm not sure how exactly this will improve the income statement.
Opinions?
All just my opinion/view/thinking/expecting a terrible earnings report but also seeing revenues growing and equity growing along side with the liabilities something I haven't seen elsewhere.