Bullboard - Stock Discussion Forum Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s): BRKFF | BRPPF | T.BPO.PR.P | T.BPO.PR.R | BROAF | BRPYF | T.BPO.PR.T | T.BPO.PR.W | T.BPO.PR.X | T.BPO.PR.Y | T.BPO.PR.C | BROPF | T.BPO.PR.E | BKEEF | BOPPF | T.BPO.PR.G | T.BPO.PR.I | BKOFF | T.BPS.PR.U | T.BPO.PR.N | BKAAF

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 > BPO Preferred UP, UP and AWAY...

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Post by pierrelebel on Sep 25, 2024 4:07pm

BPO Preferred UP, UP and AWAY...

All nine issues of BPO 5 year reset preferred shares closed up today, as they did yesterday.

Better yet many closed at their 12 month high.

All is good.

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Comment by Carena on Sep 25, 2024 7:47pm

Hi Pierre, Definitely feels like a slow melt up.....the BPY preferreds have also been moving up nicely. Have a great night, Carena

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Comment by SONOFFERGUS on Sep 25, 2024 11:30pm

Perhaps Bruce's words at investor day reinforced the thought that BPO is golden -- at least for this cycle! I do think that we're going to have a pretty quick flip from fear to FOMO. Those reset spreads look awfully attractive to me given the improving credit picture and lower (but not ZIRP, TYVM) rates.

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Comment by pierrelebel on Sep 26, 2024 4:14pm

For a third consecutive day, all nine BPO five year reset preferred share issues were UP at the end of the trading day on the TSX. Four of them traded at a new 52 week high. Not bad.... not bad at all.

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Comment by pierrelebel on Sep 27, 2024 4:14pm

INCREDIBLE!!!! For the fourth consecutive day ALL nine BPO five year reset preferred share issues were UP at the end of trading on the TSX with seven of them trading at a new 52 week high! It is getting better day by day! Hopefully everyone here is enjoying the wave with no intention of selling anytime soon. As long as indications remain for lower interest rate, those perferred shares ...more

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Comment by Carena on Sep 27, 2024 6:36pm

Hi Pierre, I was actually waiting for your post! :) The BPO prefs look to be going on a run based on this recent history. I have not sold anything for months now. Your consistent positive conviction tempers my propensity to be cynical. Lol. Have a great weekend, Carena

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