Post by
Vette08 on Oct 09, 2020 9:01pm
BPYU vs BPY
Management has told us there is effectively no difference in BPYU and BPY yet BPY closed at US$13.78 and BPYU closed at US$15.13.....BPYU was created for U.S. Reit investors and so this has to be good news for BPY. 10% arbitrage opportunity.
Still long,
Vette
Comment by
Vette08 on Nov 16, 2020 10:24am
Today BPYU is above US$17 and BPY is below US$16....arb opportunity of over 10% as managment continues to tell us the 2 stocks are identical in nature. Either way, bodes well for BPY holders as the US REIT investors are liking BPYU these days. Still long, Vette