Brookfield Office Properties Inc T.BPO.PR.A

2025 So far ... so good

[pierrelebel]

A quick table showing all nine issues of 5 year reset BPO preferred shares (using closing prices on TSE on Dec 31/24 and Jan 17/25) showing percentage gains in two and half weeks.

BPO.PR.A
16.58	17.05	2.8%
BPO.PR.C
21.49	22.20	3.3%
BPO.PR.E
16.60	17.84	7.5%
BPO.PR.G
16.75	17.86	6.6%
BPO.PR.I
15.90	16.99	6.9%
BPO.PR.N
14.10	14.50	2.8%
BPO.PR.P
14.16	14.63	3.3%
BPO.PR.R
14.91	15.53	4.2%
BPO.PR.T
17.00	17.81	4.8%

[Carena]

Hi Pierre, Definitely a positive start to the year.   Hopefully this is all part of the fabric of the BPY recovery and at the same time, it is great to see the the Canadian preferred share ETFs (eg ZPR CPD HPR) hitting new 52 week highs. Have a great day, Carena

[pierrelebel]

Good afternoon Carena. Yes, Canadian high yield preferred shares have been strong lately and I expect the trend to continue unless the new American administration does something really stupid. ETFs are not for me ( I would rather select my own investments than pay someone a fee to do it for me).  On the other hand, when looking at BPO specifically I expect their credit rating to be improved