Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s): BRPPF | T.BPO.PR.C | BOPPF | T.BPO.PR.N | BKAAF | T.BPO.PR.P | BRKFF | T.BPO.PR.R | BROAF | T.BPO.PR.T | T.BPS.PR.U | T.BPO.PR.W | BRPYF | T.BPO.PR.Y | T.BPO.PR.X | T.BPO.PR.E | BKEEF | T.BPO.PR.G | BROPF | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City, Toronto and Perth to Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, its distinguished portfolio attracts financial, energy, government and professional service organizations which have high credit ratings and maintain long-term leases.

TSX:BPO.PR.A - Post by User

Brookfield Office Properties Inc > Oh well... it did not go as expected!

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Post by pierrelebelon Jun 07, 2024 4:18pm

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Post# 36078420

Oh well... it did not go as expected!

Not a good day for BPO five year reset preferred shares today.

All issues are down, many in the 2% to 3% range on the day.

Considering the drop in interest rates by the Bank of Canada two days ago one would have expected a good week. It did not happen.

The yield on BPO.PR.T has increased this week to 11.44%. Hard to believe with Canadian interest rates going down.

Oh well.... life does go on.

Reminder - ALL five year reset preferred shares are going ex-dividend next Friday.

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