Brookfield Real Estate Services | StockChase
8
Brookfield Real Estate Services (BRE-T)

Last Price Recorded: $17.3500 on 2018-05-19

ON STOCKCHASE SINCE Jun 2009

other services
8
Brookfield Real Estate Services (BRE-T)

Last Price Recorded: $17.3500 on 2018-05-19

ON STOCKCHASE SINCE Jun 2009

other services

Brookfield Real Estate Services


Signal Opinion Expert
BUY

She owns Brookfield Asset Management, which is the parent. This gives her exposure to the success of BRE and to the broader set of assets held by the parent. BRE invest in property management across the globe, owns commercial malls and retail malls. It is diversified geographically. They have a very long-term perspective, buy assets that are distressed and repurposes them, such as repurposing failing retail malls into condos.

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She owns Brookfield Asset Management, which is the parent. This gives her exposure to the success of BRE and to the broader set of assets held by the parent. BRE invest in property management across the globe, owns commercial malls and retail malls. It is diversified geographically. They have a very long-term perspective, buy assets that are distressed and repurposes them, such as repurposing failing retail malls into condos.

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Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$17.070
Owned Owned
No

COMMENT

An 8% dividend is about the point where he starts to get nervous about a company. If it is much higher than 8%, often the market is correct. The company has great management and a long history. If real estate gets hit, a lot of companies are going to take it on the chin. Dividend yield of 8.4%.

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An 8% dividend is about the point where he starts to get nervous about a company. If it is much higher than 8%, often the market is correct. The company has great management and a long history. If real estate gets hit, a lot of companies are going to take it on the chin. Dividend yield of 8.4%.

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Benj Gallander

President, Contra the Heard Inv...

PricePrice
$16.030
Owned Owned
No

COMMENT

We’ve had a fantastic Canadian real estate market for more than a decade. For the last 5 years, it has really been a story of Vancouver and Toronto. This company has a good model where they receive a royalty from their agents. There is a little concern that the number of agents may decline. Great company and great strong management, but not sure how long the residential real estate cycle can last. Dividend yield of 8.1%.

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We’ve had a fantastic Canadian real estate market for more than a decade. For the last 5 years, it has really been a story of Vancouver and Toronto. This company has a good model where they receive a royalty from their agents. There is a little concern that the number of agents may decline. Great company and great strong management, but not sure how long the residential real estate cycle can last. Dividend yield of 8.1%.

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Michael Simpson, CFA

Senior Vice-President, Sentry Investments...

PricePrice
$16.030
Owned Owned
No

BUY
(Market Call Minute.) He has just added to his position.
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(Market Call Minute.) He has just added to his position.
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Bill Harris, CFA

Portfolio Manager, Avenue Investment Ma...

PricePrice
$12.340
Owned Owned
Yes

DON'T BUY
Directly tied to the housing market. Cash flow is a function of real estate agents across the country. With the housing market destined to slowdown and home prices destined to pull back, he wouldn't step in to this one at this time.
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Directly tied to the housing market. Cash flow is a function of real estate agents across the country. With the housing market destined to slowdown and home prices destined to pull back, he wouldn't step in to this one at this time.
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Dennis Mitchell, CFA

Executive Vice-President & Chief Investment Office, Sentry Select Capita...

PricePrice
$13.020
Owned Owned
No

BUY
(Market Call Minute) Buy in $10-$11 range. Good name.
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(Market Call Minute) Buy in $10-$11 range. Good name.
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Dennis Mitchell, CFA

Executive Vice-President & Chief Investment Office, Sentry Select Capita...

PricePrice
$12.550
Owned Owned
Unknown

HOLD
Owns the Royal LePage brokerage system and earns fees as well as a cut on every transaction. An interesting way to play real estate.
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Owns the Royal LePage brokerage system and earns fees as well as a cut on every transaction. An interesting way to play real estate.
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Robert Lauzon

Deputy Chief Investment Officer, Middlefield Capital ...

PricePrice
$12.250
Owned Owned
Unknown

COMMENT
Primarily focuses on Royal LePage residential real estate brokers. Paid a fee depending on how many real estate brokers are included and how many franchises. This trust will be taxable in 2011. Think they can absorb the tax hit so distribution is probably safe. Not a lot of fixed assets so not much depreciation. Very levered to the domestic residential market. Volumes are down.
other services
Primarily focuses on Royal LePage residential real estate brokers. Paid a fee depending on how many real estate brokers are included and how many franchises. This trust will be taxable in 2011. Think they can absorb the tax hit so distribution is probably safe. Not a lot of fixed assets so not much depreciation. Very levered to the domestic residential market. Volumes are down.
other services
Dennis Mitchell, CFA

Executive Vice-President & Chief Investment Office, Sentry Select Capita...

PricePrice
$8.000
Owned Owned
Unknown

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