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Bullboard - Stock Discussion Forum Brookfield Property Partners L.P. BPY

Real Estate
Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being a global owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment... see more

NDAQ:BPY - Post Discussion

Brookfield Property Partners L.P. > oversubscribed?
View:
Post by rad10 on Aug 19, 2020 11:42am

oversubscribed?

Looks as though it wasn't - interesting the way these guys play.
Comment by Lacas24 on Aug 19, 2020 4:17pm
There is a very simple explanation to that. 4 million shares were withdrawn from the offer due to the higher market price than the offer. I did the exact same thing. 1800 shares of mine was subscribed but I cancelled and sold it over 12$. Now I am buying back again. Rinse and repeat.
Comment by rad10 on Aug 19, 2020 5:05pm
BAM is also in the market for a lot of their preferred shares. Flatt knows what he is doing.
Brookfield Property Partners L.P.