Brookfield Property Partners

BPY.UN-T

TSE:BPY.UN

14.27
0.83 (5.50%)
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
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.
WEAK BUY
WEAK BUY
June 16, 2020
The dividend is nearly 12% and the market fears a cut, but he thinks it's safe. Globally, office properties are pressured, but he doesn't expect people to work from home forever. BPY carries a lot of debt, but are supported by a strong parent company that has been buying back shares. Hold, if you own this. You can even buy at these levels.
Show full opinionHide full opinion
The dividend is nearly 12% and the market fears a cut, but he thinks it's safe. Globally, office properties are pressured, but he doesn't expect people to work from home forever. BPY carries a lot of debt, but are supported by a strong parent company that has been buying back shares. Hold, if you own this. You can even buy at these levels.
BUY
BUY
June 15, 2020

BPY.UN-T vs. BAM.A-T. BPY.UN-T has some of the worst exposure if you are worried about a slow economic recovery and how we will react if there is a second wave. The stock has been cut in half. He loves BAM.A-T and he thinks they are one of the smartest investors on the street. You could make the case that BPY.UN-T is undervalued. If you are looking for short term moves, then this might be one of them.

Show full opinionHide full opinion

BPY.UN-T vs. BAM.A-T. BPY.UN-T has some of the worst exposure if you are worried about a slow economic recovery and how we will react if there is a second wave. The stock has been cut in half. He loves BAM.A-T and he thinks they are one of the smartest investors on the street. You could make the case that BPY.UN-T is undervalued. If you are looking for short term moves, then this might be one of them.

SELL STRENGTH
SELL STRENGTH
June 12, 2020
An excellent management team. They are retail and office. The genie may be out of the bottle on this one. Companies will likely look to reduce their office footprint going forward. It has an extended payout ratio and extended balance sheet. He would be more of a seller on strength on this one.
Show full opinionHide full opinion
An excellent management team. They are retail and office. The genie may be out of the bottle on this one. Companies will likely look to reduce their office footprint going forward. It has an extended payout ratio and extended balance sheet. He would be more of a seller on strength on this one.
COMMENT
COMMENT
May 25, 2020

BAM.A-T is a backstop for BPY.UN-T. None knows how safe the dividends are because no one knows what our COVID recovery looks like. He is concerned that when we get out of this, he thinks many people will work at home so he believes the demand projections from before the pandemic will not be the case afterwards. He prefers the infrastructure space with Brookfield.

Show full opinionHide full opinion

BAM.A-T is a backstop for BPY.UN-T. None knows how safe the dividends are because no one knows what our COVID recovery looks like. He is concerned that when we get out of this, he thinks many people will work at home so he believes the demand projections from before the pandemic will not be the case afterwards. He prefers the infrastructure space with Brookfield.

DON'T BUY
DON'T BUY
May 25, 2020
The question is how long it will take to get back to pre-pandemic highs. Growth in office space may have really slowed due to the pandemic. He would prefer infrastructure at this point.
Show full opinionHide full opinion
The question is how long it will take to get back to pre-pandemic highs. Growth in office space may have really slowed due to the pandemic. He would prefer infrastructure at this point.
COMMENT
COMMENT
May 1, 2020

BPY.UN into BIP.UN? They do not own either Brookfield holdings. He has a favourable view on all the Brookfield entities and prefers to hold BIP.UN over BPY.UN as the former holds a lot of retail space. There is a huge infrastructure shortage around the world, so BIP.UN is well positioned for this opportunity.

Show full opinionHide full opinion

BPY.UN into BIP.UN? They do not own either Brookfield holdings. He has a favourable view on all the Brookfield entities and prefers to hold BIP.UN over BPY.UN as the former holds a lot of retail space. There is a huge infrastructure shortage around the world, so BIP.UN is well positioned for this opportunity.

HOLD
HOLD
April 30, 2020
Half their business is in office space and the rest is in mall space. No doubt they will survive. The value is there. You have to ask yourself if you want to own these businesses. He was not a bull on office coming in to this and the mall space is very challenged. You are holding it with the idea that the parent comes in one day and fixes this company. It has a high discount to asset value but there are a lot of risks.
Show full opinionHide full opinion
Half their business is in office space and the rest is in mall space. No doubt they will survive. The value is there. You have to ask yourself if you want to own these businesses. He was not a bull on office coming in to this and the mall space is very challenged. You are holding it with the idea that the parent comes in one day and fixes this company. It has a high discount to asset value but there are a lot of risks.
Showing 1 to 15 of 217 entries

Brookfield Property Partners(BPY.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 7

Bearish - Sell Signals / Votes : 10

Total Signals / Votes : 34

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, 34 stock analysts published opinions about BPY.UN-T. 17 analysts recommended to BUY the stock. 10 analysts recommended to SELL the stock. The latest stock analyst recommendation is HOLD. 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 Stockchase Insights on 2020-09-11. 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?

34 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 2020-09-21, Brookfield Property Partners (BPY.UN-T) stock closed at a price of $14.27.