Brookfield Property Partners

BPY.UN-T

TSE:BPY.UN

19.60
0.00 (0.00%)
Brookfield Property Partners is a global company which owns, operates and invests in commercial property. The majority of the company’s assets are located in North America, Europe, and Australia.
More at Wikipedia

Analysis and Opinions about BPY.UN-T

Signal
Opinion
Expert
BUY
BUY
November 27, 2020
It's the only REIT he owns. It hold offices and malls. He bought more when this crashed earlier this year, because he expects people to return to work. He himself does and surveys indicate this. People want to return to offices and malls. They continue to payout and support their dividend.
Show full opinionHide full opinion
It's the only REIT he owns. It hold offices and malls. He bought more when this crashed earlier this year, because he expects people to return to work. He himself does and surveys indicate this. People want to return to offices and malls. They continue to payout and support their dividend.
COMMENT
COMMENT
November 12, 2020

You could own it if you want direct property exposure. She owns BAM instead, which owns 50-60% of BPY, as she likes the whole stable. Dividend should be safe. Going through a difficult time with retail. Will take a while to work through, but they'll do it. Commercial and retail properties are Class A, well located. Experienced management.

Show full opinionHide full opinion

You could own it if you want direct property exposure. She owns BAM instead, which owns 50-60% of BPY, as she likes the whole stable. Dividend should be safe. Going through a difficult time with retail. Will take a while to work through, but they'll do it. Commercial and retail properties are Class A, well located. Experienced management.

PARTIAL SELL
PARTIAL SELL
November 10, 2020

40% of their holdings are malls, which he avoids. Another 40% are in trophy office buildings globally. Both sectors are challenged with limited rent collection rates. The remaining 15% of their business is in opportunistic investing, of which they've done a great job here. Brookfield owns BPY, so the parent company can buy stock if BPY gets into trouble (when the share price falls). RBA just downgraded BPY, which he agrees with. More downside than upside here. Take profits. You can re-enter if Brookfield steps in later.

Show full opinionHide full opinion

40% of their holdings are malls, which he avoids. Another 40% are in trophy office buildings globally. Both sectors are challenged with limited rent collection rates. The remaining 15% of their business is in opportunistic investing, of which they've done a great job here. Brookfield owns BPY, so the parent company can buy stock if BPY gets into trouble (when the share price falls). RBA just downgraded BPY, which he agrees with. More downside than upside here. Take profits. You can re-enter if Brookfield steps in later.

DON'T BUY
DON'T BUY
October 13, 2020
Buy the pullback? It's probably fine, but he's squeasy about office space occupancy in downtown Toronto. He'd rather avoid stocks that are tied to downtown office real estate and play it safe. BPY are good operators with a strong balance sheet, though.
Show full opinionHide full opinion
Buy the pullback? It's probably fine, but he's squeasy about office space occupancy in downtown Toronto. He'd rather avoid stocks that are tied to downtown office real estate and play it safe. BPY are good operators with a strong balance sheet, though.
HOLD
HOLD
October 7, 2020
Tough place to be. They operate counter-cyclically. They'll use the pressure on the real estate side to make those counter-cyclical investments. That timing is hard to predict. Ultimately, if you hold 3-5 years, you'll be fine.
Show full opinionHide full opinion
Tough place to be. They operate counter-cyclically. They'll use the pressure on the real estate side to make those counter-cyclical investments. That timing is hard to predict. Ultimately, if you hold 3-5 years, you'll be fine.
DON'T BUY
DON'T BUY
September 29, 2020

Controlled by BAM, a great management team. BPY is a diversified REIT, mixing trophy office buildings, class-A regional, and opportunistic investments. Mall side suffers from unstable cash flow; rent collections are 20-40% and nowhere near where they should be. As we enter a second wave, this will be challenged in the retail side. On the office side, there are many question marks; BPY is exposed to Toronto, New York and London. The future value may not be as big as investors expect. He avoids this.

Show full opinionHide full opinion

Controlled by BAM, a great management team. BPY is a diversified REIT, mixing trophy office buildings, class-A regional, and opportunistic investments. Mall side suffers from unstable cash flow; rent collections are 20-40% and nowhere near where they should be. As we enter a second wave, this will be challenged in the retail side. On the office side, there are many question marks; BPY is exposed to Toronto, New York and London. The future value may not be as big as investors expect. He avoids this.

DON'T BUY
DON'T BUY
September 23, 2020
Big dilemma is they have a lot of malls. Some are great, but some aren't and need restructuring. He thinks they'll let the malls with big mortgages go into default. Wouldn't count on the 12% dividend. Paying the price of having too much debt.
Show full opinionHide full opinion
Big dilemma is they have a lot of malls. Some are great, but some aren't and need restructuring. He thinks they'll let the malls with big mortgages go into default. Wouldn't count on the 12% dividend. Paying the price of having too much debt.
HOLD
HOLD
September 11, 2020

Billy Kawasaki’s Insights - Picks from 5i Research. There are concerns over the impact of coronavirus on retail locations. They just completed a large share buyback and the company is committed to the distribution. They have a good track record and the company is looking long term to opportunity in retail when the virus has passed. Unlock Premium - Try 5i Free

Show full opinionHide full opinion

Billy Kawasaki’s Insights - Picks from 5i Research. There are concerns over the impact of coronavirus on retail locations. They just completed a large share buyback and the company is committed to the distribution. They have a good track record and the company is looking long term to opportunity in retail when the virus has passed. Unlock Premium - Try 5i Free

PAST TOP PICK
PAST TOP PICK
September 8, 2020
(A Top Pick Sep 03/19, Down 36%) 18 months ago, BPY bought US mall assets, but this sector (and high-end retail) has been badly hit in the last 6 months. However, the parent Brookfield carries record levels of liquidity, which can carry this stock. He sold his shares. If the shares don't recover, Brookfield may even take BPY private, he speculates. BPY is trading at a deep discount to NAV which will be under pressure because of the economic environment. BPY has been under pressure for the past six months.
Show full opinionHide full opinion
(A Top Pick Sep 03/19, Down 36%) 18 months ago, BPY bought US mall assets, but this sector (and high-end retail) has been badly hit in the last 6 months. However, the parent Brookfield carries record levels of liquidity, which can carry this stock. He sold his shares. If the shares don't recover, Brookfield may even take BPY private, he speculates. BPY is trading at a deep discount to NAV which will be under pressure because of the economic environment. BPY has been under pressure for the past six months.
HOLD
HOLD
August 21, 2020
There is a lot of negativity around real estate in general. However, he would stick with this. They will be doing a massive buy-back. There are people who are inpatient from whom the company is looking to buy back shares from. Their office assets are top quality.
Show full opinionHide full opinion
There is a lot of negativity around real estate in general. However, he would stick with this. They will be doing a massive buy-back. There are people who are inpatient from whom the company is looking to buy back shares from. Their office assets are top quality.
SELL
SELL
August 17, 2020
It's in the eye of the storm: in commercial and residential properties. They are excellent managers who buy very smartly with fine anchor tenants in marquee location. But Brookfield is wrong this time with commercial and residential being a really tough place to be. Sell it. This was a great before COVID, but not now.
Show full opinionHide full opinion
It's in the eye of the storm: in commercial and residential properties. They are excellent managers who buy very smartly with fine anchor tenants in marquee location. But Brookfield is wrong this time with commercial and residential being a really tough place to be. Sell it. This was a great before COVID, but not now.
COMMENT
COMMENT
August 13, 2020

BAM has other deals in the works too, aside from this tender offer. Tendering your shares is safer, but if your time horizon is long enough and you can take a bit of risk, you can hang onto your shares. Obviously, BAM thinks there's some value there.

Show full opinionHide full opinion

BAM has other deals in the works too, aside from this tender offer. Tendering your shares is safer, but if your time horizon is long enough and you can take a bit of risk, you can hang onto your shares. Obviously, BAM thinks there's some value there.

HOLD
HOLD
August 11, 2020
It will be rocky because this holds malls, but their malls and office spaces are excellent, quality buildings. BPY holds half offices, half retail. Companies will still have an office presence and won't disappear. However, rent collection in retail has plunged to 34% in the last quarter, but this will improve with the recovery. BPY's strategy is to buy malls and re-purpose them (i.e. adding condos and gyms) and make them multi-purpose. BPY will weather this storm. Hold on.
Show full opinionHide full opinion
It will be rocky because this holds malls, but their malls and office spaces are excellent, quality buildings. BPY holds half offices, half retail. Companies will still have an office presence and won't disappear. However, rent collection in retail has plunged to 34% in the last quarter, but this will improve with the recovery. BPY's strategy is to buy malls and re-purpose them (i.e. adding condos and gyms) and make them multi-purpose. BPY will weather this storm. Hold on.
BUY
BUY
August 10, 2020

She doesn't own direct retail, but BPY holds the best-in-class assets run by the smartest managers. It's also trading at a ridiculous discount. It yields over a 11% dividend yield. BAM'A is the majority owner and is buying back a big chunk of shares in the next three months. BPY has strongly underperformed since Brookfield took this public five years ago. Problems: holds core office assets and leverage is high, which is how Brookfield runs real estate. Also, its LP structure is a barrier to many large U.S. funds. She likes BPY.UN. If the stock price doesn't perform, the Brookfield parent will buy it entirely. Cutting the dividend won't help the stock, and the dividend is safe. It's a great company to hold this and you get paid 11-12% to wait.

Show full opinionHide full opinion

She doesn't own direct retail, but BPY holds the best-in-class assets run by the smartest managers. It's also trading at a ridiculous discount. It yields over a 11% dividend yield. BAM'A is the majority owner and is buying back a big chunk of shares in the next three months. BPY has strongly underperformed since Brookfield took this public five years ago. Problems: holds core office assets and leverage is high, which is how Brookfield runs real estate. Also, its LP structure is a barrier to many large U.S. funds. She likes BPY.UN. If the stock price doesn't perform, the Brookfield parent will buy it entirely. Cutting the dividend won't help the stock, and the dividend is safe. It's a great company to hold this and you get paid 11-12% to wait.

COMMENT
COMMENT
July 28, 2020
The unloved Brookfield stock. The others have done pretty well. Now, office and mall properties are considered distressed assets. That said, it has strong support from parent BAM to raise cash and assets, if needed. He wouldn't sell it now. There is value in their holdings and the stock will likely come back. But cash flow is taking a big hit; if that makes you uncomfortable perhaps you could sell it.
Show full opinionHide full opinion
The unloved Brookfield stock. The others have done pretty well. Now, office and mall properties are considered distressed assets. That said, it has strong support from parent BAM to raise cash and assets, if needed. He wouldn't sell it now. There is value in their holdings and the stock will likely come back. But cash flow is taking a big hit; if that makes you uncomfortable perhaps you could sell it.
Showing 1 to 15 of 224 entries

Brookfield Property Partners(BPY.UN-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 7

Bearish - Sell Signals / Votes : 10

Total Signals / Votes : 26

Stockchase rating for Brookfield Property Partners is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Brookfield Property Partners(BPY.UN-T) Frequently Asked Questions

What is Brookfield Property Partners stock symbol?

Brookfield Property Partners is a Canadian stock, trading under the symbol BPY.UN-T on the Toronto Stock Exchange (BPY-UN-CT). It is usually referred to as TSX:BPY.UN or BPY.UN-T

Is Brookfield Property Partners a buy or a sell?

In the last year, 26 stock analysts published opinions about BPY.UN-T. 9 analysts recommended to BUY the stock. 10 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Brookfield Property Partners.

Is Brookfield Property Partners a good investment or a top pick?

Brookfield Property Partners was recommended as a Top Pick by Norman Levine on 2020-11-27. Read the latest stock experts ratings for Brookfield Property Partners.

Why is Brookfield Property Partners stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Brookfield Property Partners worth watching?

26 stock analysts on Stockchase covered Brookfield Property Partners In the last year. It is a trending stock that is worth watching.

What is Brookfield Property Partners stock price?

On 2020-12-02, Brookfield Property Partners (BPY.UN-T) stock closed at a price of $19.6.