Bullboard - Stock Discussion Forum Brookfield Office Properties Inc BROAF

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 | 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... see more

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TSX:BPO.PR.A - Post Discussion

Brookfield Office Properties Inc > Fresh Brookfield Investor Day Presentation

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Post by SONOFFERGUS on Sep 11, 2024 9:08am

Fresh Brookfield Investor Day Presentation

https://bn.brookfield.com/news-events/presentations

Lots of real estate info and positive points for BPO prefs.

Rates down, credit spreads down, liquidity up, capital markets open, NOI up, rents up, grade A office demand up and new supply down.

Interestingly, the 5 year plan (page 103) shows disinvestment from $25B to $15B, including taking transitional and development from $7B to $1B! Risk down, BPO prices up!!!!

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Comment by CrazyTrader on Sep 11, 2024 9:12am

If you talk to Carena.... she will tell you that what BN reports differs greatly from what BPY/BPO reports. "disinvestment" doesn't seem positive to me.

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Comment by SONOFFERGUS on Sep 11, 2024 11:30am

CrazyAnalyst Who benefits if the company generates cash from asset sales (when market prices are good ofc, so they can monetize the carried interest) and then doesn't reinvest that cash? Not you, because you sold. I do, along with the other BPO/BPY pref holders. Not too late Crazy! Long way still to run.

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Comment by Carena on Sep 11, 2024 12:42pm

Hi Sonoffergus, Thanks for the info. I will definitely read it. I agree with all you said! All good news for BPO prefs. Have a great day, Carena

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Comment by Carena on Sep 21, 2024 6:07pm

Hi Sonoffergus, I did finally watch the Brookfield Investor Day video and it certainly does make sense that we are likely at the bottom and money is starting to flow back to CRE. The bombshell for me though is that Brian Kingston did not present for the real estate group. Some guy who I had never heard of, Ben Brown, did the presentation. I could be wrong but I do not think ...more

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Brookfield Office Properties Inc