BPY.UN-T
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.
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.
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.
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.
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.
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.
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
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
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.
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.
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.
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.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 9
Neutral - Hold Signals / Votes : 7
Bearish - Sell Signals / Votes : 10
Total Signals / Votes : 26
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
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.
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.
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.
26 stock analysts on Stockchase covered Brookfield Property Partners In the last year. It is a trending stock that is worth watching.
On 2020-12-02, Brookfield Property Partners (BPY.UN-T) stock closed at a price of $19.6.
