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BPYPP - Urban Mixed-Use Vision Makes Brookfield Property A Buy
Brookfield Property Partners L.P. 6.50% Class A Cumulative Redeemable Perpetual Preferred Units
Investor Day
On September 26, Brookfield held its annual Investor Day. Representatives from the parent company Brookfield Asset Management (BAM) and each of the major listed subsidiaries spoke. I was particularly interested in the presentations by BAM and Brookfield Property (BPY) (BPR).
While there were no major surprises, I think what Brookfield said - and did not say - gives investors a somewhat updated and clearer vision for the companies.
Outlook
I have owned BAM for nearly a decade, and have owned Brookfield Property (and its acquiree GGP) intermittently