Brookfield Property PartnersBPYSELLNov 20, 2013Stock price when the opinion was issued
As of Jul 26, 2021. Market Open.
They had an investor event in New York recently. They have exposure to Now York and London, England. 4.68% yield. They will keep buying back stock. Some rent increases they will be getting have not flowed through the numbers yet. They will increase free cash flow 15% for the next couple of years. He can compound his money here at 20% per year.
It is a yield play. The whole rate space in general, she thinks, is limited and she would be selling. She would not deploy the funds into the yield space.