TSX:BPO.PR.A - Post by User
Comment by
Carenaon Mar 08, 2024 9:02am
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Post# 35922361
RE:What other Reit grew their balance sheet $19 Billion in 2023
RE:What other Reit grew their balance sheet $19 Billion in 2023Good morning Crazy,
To be honest, I really do not care "what other REIT grew their balance sheet $19billion in 2023".
My money is buried in BPY and that is what I care about.
You are on here always saying things are "growing" at BPY. And I continuously reply that I believe they are fighting fires and working problems out either internally or through the BSREP funds of which BPY has varying equity interest. And yes maybe they are raising rents at their top tier assets, but that is it. They have $83 billion in liabilities, so they better have green shoots somewhere in the asset base.
So, can you please explain to us what the $19 billion increase is? Pierre is right, you should roll your sleeves up and "do the work". I wil give you a head start....in their recently filed annual report, may I direct you to pg 52, 56 and page F-54 (note 32 to the financials).
Have a great day,
Carena