Brookfield Asset Management (BAM) 1Q14 At an Inflection Point

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO) the company’s measure of cash flow, was $492 million for 1Q14 increasing 6% over the 1Q13 quarter level of $387 million excluding realized gains on asset sales. The increase was due to stronger pricing in renewable energy operations and increased asset management fees partially offset by […]

Brookfield Property Partners (BPY) Getting the Job Done with Good 1Q14 Results

Brookfield Property Partners (BPY) reported results [Source] for the first quarter 2014 with fully-diluted Funds from Operations (FFO) of $174 million or $0.31/unit compared to $155 million or $0.33/unit in 1Q13. The improvement in FFO was due the increased investments in General Growth Properties (GGP) and Brookfield Office Properties (BPO), same store sales growth in […]

Brookfield Property Partners (BPY) Well Positioned

Brookfield Property Partners (BPY) is a leading global commercial property company with operations that include premier office, retail, multi-family, industrial and hotel assets. The company was spun off from Brookfield Asset Management (BAM) and began trading independently early in 2013 with a 23 year pro forma history of 15.4%/year total returns. After reaching a high […]

Portfolio Company 1Q14 Earnings Release Schedule

Portfolio Company’s earnings releases and conference calls for the first quarter are coming up and listed below. Genworth Financial, Inc. (GNW): April 29, 2014 Earnings Release; April 30, Conference Call: Genworth Financial, Inc. announced [Source] it would issue its earnings release and financial supplement containing first quarter results after the market closes on April 29, […]

Brookfield Asset Management (BAM) Outstanding 2013 Results

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO), Brookfield’s primary measure of cash flow, was $3.4 billion for 2013 an increase of 149% over the previous year of $1.4 billion and an all-time record high for the company. For the fourth quarter 2013 (4Q13) Funds from Operation was 1 billion for an increase […]

Brookfield Property Partners (BPY) Reports 4Q13 Results

Brookfield Property Partners (BPY) reported results for the year 2013 with fully-diluted Funds from Operations (FFO) of $561 million or $1.17/unit compared to $506 million or $1.09/unit in 2012. For the 4Q13 fully-diluted FFO increased to $150 million or $0.29/unit compared to $135 million or $0.29/unit for 4Q12. BPY was formed in early 2013 with […]

Portfolio Company 4Q13 Earnings Release Schedule

Portfolio Company’s earnings release and conference calls are coming up. I’ll share my perspective after the release and encourage you to read the releases and listen to the conference calls. It is a good way to stay current with your investments and learn about the people running your company. Most calls are recorded and posted on […]

Brookfield Property Partners (BPY): What’s Going On?

Brookfield Property Partners (BPY) is a leading global commercial property company with operations that include premier office, retail, multi-family, industrial and hotel assets. The company was spun off from  Brookfield Asset Management (BAM) and began trading independently early in 2013 with a 23 year pro forma history of 15.4%/year total returns. Since the high of […]

Brookfield Property Partners (BPY) Continues an Impressive Debut

Brookfield Property Partners (BPY) reported [Source] good third quarter 2013 results. Some interesting strategic moves occurred in past two quarters that will benefit BPY unitholders and Brookfield Asset Management’s (BAM) shareholders for years to come. While these strategic moves unfold we’ll receive a 5.2%/year distribution (dividend) income secured by world class commercial properties. Strategic Moves: Brookfield Property […]

Brookfield Asset Management (BAM) 3Q13 Results; Strong Performance Continues

Brookfield Asset Management (BAM) reported results [Source] for the third quarter 2013. Funds from Operations (FFO) the primary metric Brookfield uses to measure its performance increased 435% and net income attributable to shareholders increased 143% over the prior year period.  These results follow the strong 34% FFO increase reported in the 1Q13 and the 192% increase in […]