Bullboard - Stock Discussion Forum Brookfield Office Properties Inc 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 | BROAF | 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 > Q3 is out. $2+ Billion NET LOSS for the year so far, still

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Post by CrazyTrader on Nov 19, 2024 11:33am

Q3 is out. $2+ Billion NET LOSS for the year so far, still

Q4 to go. Huge increase in losses compared to last year of about $1.2 Billion Loss for same period last year.

Interest expense up but what's making most of the difference is that Fair Value Losses are way way up. If they don't sell the buildings, those losses are paper losses.... but I don't know if those losses are paper losses or if they have been realized.

Not sure what's BPY game plan is if rates remain higher for longer. But Losses seem to be accelerating.