Brookfield Office Properties Inc T.BPO.P.E

RE:redemptions

[pierrelebel]

"... more buying will come down the foodchain. Names such as the BPO, FFH, ENB, TRP prefs,..."

I do not think so.

Apples and oranges.

Take a very good look at all those bank preferred shares being redeemed at par.  ALL of them were trading very near their redemption prices ($25). BPO preferred shares all trade at deep discount and there is NO advantage whatsoever for Brookfield to redeem them at par.