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BPYUP - Brookfield Property Partners' Contrarian Streak Borders On Recklessness
Brookfield Property REIT Inc. 6.375% Series A Preferred Stock
Despite several significant risks and headwinds threatening its business model, Brookfield Property Partners (BPY) (BPYU) continued its contrarian streak by doubling down on its investments and stock and pointed to a brighter future in the months and years to come.
While it is hard to argue with a company that has the track record and decades of global real asset investment experience, I personally view the risks as too extensive here to make the stock anything more than a speculative buy for investors bullish on a strong recovery in retail and