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Brookfield Office Properties Inc T.BPO.PR.T


Primary Symbol: 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.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

Comment by pierrelebelon Oct 13, 2024 11:52am
105 Views
Post# 36264537

RE:RE:Happy Thanksgiving!

RE:RE:Happy Thanksgiving!
Happy Turkey Day everyone.

Yes we have a lot to be grateful this year, specifically the market action on those high yield preferred and common shares.

BPO.PR.T and ECN.PR.C have been stars with above average tax advantaged dividends and capital appreciation. We are not selling.

BRE (formerly Brookfield Real Estate Services) keeps paying over 9%.  We started accumulating in 2018 and last added in November 2022 at $13.40 (yield 10% at the time). We are also not selling.

We are accumulating SPB (partially controlled by BN through preferred shares) with a yield of 9.78%. Once again I expect Brookfield's influence will convince the board to maintain the current dividend rate.

Lower interest rates resulting in the recent strength in REITs allowed us to cash in on some issues (MRG.UN, AX.UN) and invest the proceeds in oil and gas issues offering nice dividends, share buyback and potential long term capital appreciation (CVE, WCP, VRN).

Let's hope we can again say THANK YOU for a great investment year in October next year!

As far as cooking for Thanksgiving I know it is best to leave it to the Mrs!


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