TSX:BPO.PR.A - Post by User
Comment by
Carenaon Jun 05, 2024 6:09pm
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Post# 36074068
RE:RE:Nibbling here.
RE:RE:Nibbling here.Hi Wynner,
Thanks for the link....that would be a nice cash injection into BPY.
To be honest, I am not sure if it is in BAM's funds which BPY is an investor (eg BSREP Funds) or BPY owns directly. I am certain it is not on the books for $175M, they account for these things at current value, so no big sweet profit to book.
Nonetheless, it would be a significant liquidity event and a plus for us BPO pref holders.
BTW, I stayed there years ago...one of the best family getaways ever!
Also, I am still a happy W series owner, thanks to you and Sonoffergus.
Carena