TSX:BPO.PR.A - Post by User
Comment by
SONOFFERGUSon Jun 01, 2024 9:50am
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Post# 36067470
RE:Why Brookfield Office Property Prefers BPS trading at $25,
RE:Why Brookfield Office Property Prefers BPS trading at $25,Something seems wrong there. Are you right or is Mr. Market? Dig in on what those 5% yielders are. That yield screams structured or split share or retractable or the like, but over to you.
Hint: IIRC, the US BPO complex -- all straight perpetuals, not resets -- yields 11% or so and BN prefs 7.5%.