Brookfield Office Properties Inc T.BPO.PR.A

RE:"Look" Carena.... by all your accounts Brookfield will not

[Carena]

Hi again,

Of course I would much rather 20% but as long as the risk is the same.  BN pref holders are saying there is more risk in holding BPO preferred shares.  Thats all.

As S&P has told us, BPY is Junk and BN is Investment Grade.  Big difference.  

I fully believe BN will make sure BPO dividends are paid.  BUT, who knows what the future holds and where things go from here.  BN pref holders want to sleep better at night.  Good for them.  And if BPO keeps paying, good for us.

For the record, I own BPO, BPY and BN prefs.  

Carena