Should we own Shopping Malls?

The “Smart Money in Real Estate” post discusses Brookfield Property Partners (BPY) and their core retail segment. Prospective BPY owners might ask, should we own shopping malls with Macy’s, Sears and other retailers announcing brick and mortar store closures? It’s a fair question because BPY owns 34% of General Growth Properties (GGP), a S&P 500 retail […]

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 […]