Brookfield Property Partners

BPY.UN-T

TSE:BPY.UN

15.12
0.18 (1.20%)
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
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.
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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.

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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.
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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.

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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.
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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.

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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.
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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.
COMMENT
COMMENT
April 28, 2020

It's global and diversified, well-sponsored with the parent company buying a lot of shares. Cant' say if the dividend is safe, but assumes Brookfield will maintain. BPY has a lot of debt but it's manageable, but office space is impacted by COVID as people may continue to work more from home, so businesses may rent less space. BPY should be  okay though.

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It's global and diversified, well-sponsored with the parent company buying a lot of shares. Cant' say if the dividend is safe, but assumes Brookfield will maintain. BPY has a lot of debt but it's manageable, but office space is impacted by COVID as people may continue to work more from home, so businesses may rent less space. BPY should be  okay though.

HOLD
HOLD
April 15, 2020
10% Dividend? He did own this before the crisis began. However they have a fair amount of debt that was contributing to a dividend payout ratio of about 125%. He likes their prime real estate assets, but feels they are likely going to cut dividends. He thinks shorts may be buying it back and it will remain vulnerable. He would hold it if you have it, but don't put new money into it.
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10% Dividend? He did own this before the crisis began. However they have a fair amount of debt that was contributing to a dividend payout ratio of about 125%. He likes their prime real estate assets, but feels they are likely going to cut dividends. He thinks shorts may be buying it back and it will remain vulnerable. He would hold it if you have it, but don't put new money into it.
BUY
BUY
April 9, 2020
It is part of the Brookfield Asset Management beast – the property arm. It has an 11.5% yield and so like most, it's share price has come under pressure. 55% of their revenue comes from multi-family and industrial space, rather than malls. 25% is office and the rest is retail like malls. Investors are expressing concern regarding retail rent deferrals, which is likely. Cash flow forecasts have come down 10% in the last 30 days by analysts. The parent provides strong backing. The dividend is likely safe.
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It is part of the Brookfield Asset Management beast – the property arm. It has an 11.5% yield and so like most, it's share price has come under pressure. 55% of their revenue comes from multi-family and industrial space, rather than malls. 25% is office and the rest is retail like malls. Investors are expressing concern regarding retail rent deferrals, which is likely. Cash flow forecasts have come down 10% in the last 30 days by analysts. The parent provides strong backing. The dividend is likely safe.
SELL
SELL
March 5, 2020

85% of properties are trophy office buildings and class 'A' and 'B' malls, which are challenged. It trades at a very big discount to asset value. You are better off owning BAM.A-T.

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85% of properties are trophy office buildings and class 'A' and 'B' malls, which are challenged. It trades at a very big discount to asset value. You are better off owning BAM.A-T.

BUY WEAKNESS
BUY WEAKNESS
February 19, 2020
As the stock has not dropped 33% in the last year and have 100% upside, he is not interested as a Contrarian.
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As the stock has not dropped 33% in the last year and have 100% upside, he is not interested as a Contrarian.
PARTIAL BUY
PARTIAL BUY
February 19, 2020
Owns it for the dividend. This is undervalued. If it fell to $18, he'd add more shares. Now is an entry point for now investors. Pays over a 7% dividend.
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Owns it for the dividend. This is undervalued. If it fell to $18, he'd add more shares. Now is an entry point for now investors. Pays over a 7% dividend.
HOLD
HOLD
January 29, 2020

Anything with this brand name is generally good. They have a strong capital structure and management is aligned with unit holders. They just had a positive bump on their share value as they replaced Encana in the Index. They own office, retail, enclosed malls (the premiere assets in the US). He thinks there assets are undervalued right now, he believes. Trading at 18 times AFFO, it is cheap compared to its peers.

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Anything with this brand name is generally good. They have a strong capital structure and management is aligned with unit holders. They just had a positive bump on their share value as they replaced Encana in the Index. They own office, retail, enclosed malls (the premiere assets in the US). He thinks there assets are undervalued right now, he believes. Trading at 18 times AFFO, it is cheap compared to its peers.

DON'T BUY
DON'T BUY
January 15, 2020

No question this is deep value. Their NAV is likely $27-28US (for the US BPY stock). But it'd been deep value for many years, and he doesn't see a catalyst to service that value. Some shareholders have lost patience. They're challenged because they own a lot of high-end malls. Some questioned them buying GGP Inc. last year. They have office buildings in New York and London, decent assets. Not great governance, a given Bermuda limited partnership. Buy BAM instead, which owns BPY. Nice dividend, but this is likely a value trap.

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No question this is deep value. Their NAV is likely $27-28US (for the US BPY stock). But it'd been deep value for many years, and he doesn't see a catalyst to service that value. Some shareholders have lost patience. They're challenged because they own a lot of high-end malls. Some questioned them buying GGP Inc. last year. They have office buildings in New York and London, decent assets. Not great governance, a given Bermuda limited partnership. Buy BAM instead, which owns BPY. Nice dividend, but this is likely a value trap.

Showing 1 to 15 of 209 entries

Brookfield Property Partners(BPY.UN-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 10

Total Signals / Votes : 36

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, 36 stock analysts published opinions about BPY.UN-T. 21 analysts recommended to BUY the stock. 10 analysts recommended to SELL the stock. The latest stock analyst recommendation is WEAK 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 Stephen Takacsy, B. Eng, MBA on 2020-06-16. 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?

36 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 2020-07-10, Brookfield Property Partners (BPY.UN-T) stock closed at a price of $15.12.