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 […]

An Alternative Asset Bargain – Brookfield Property Partners

In my last post I discussed Brookfield Property Partners (BPY) progress and the respectable 11% annual total return since their 2013 launch. As an alternative asset, this commercial property company attracts institutional investors looking to improve returns and diversify risk. Something we too should consider especially since BPY remains a bargain. Brookfield Property Partners goes where […]

Smart Money in Real Estate – Brookfield Property Partners (BPY)

Institutional investors, considered the smart money, continue to shift away from stocks and bonds into alternative investment like real estate. Below we discuss why and how Brookfield Property Partners (BPY) provides retail investors a way to participate in commercial real estate (CRE) alongside institutional investors. Should we invest in real estate? We are in the second […]

Brookfield Property Partners (BPY) Reports 1Q15 Results, Continued Good Progress

Brookfield Property Partners (BPY) reported [Source] Funds from Operations (FFO) of $181 million or $0.25/unit for the first quarter of 2015 compared with $157 million or $0.28/unit for the 1Q14. The increase in FFO was driven the additional interests in Brookfield Office Properties Inc. (BPO) and Canary Wharf Group plc (Canary Wharf) and same store […]

Brookfield Asset Management (BAM) 2014 and 4Q Results that Didn’t Miss a Beat

Brookfield Asset Management (BAM): reported [Source] Funds from Operation (FFO), their primary measure of cash flow, was $2.2 billion for 2014 or $3.17/share a decrease of 38% on a per share basis from the previous year of $3.4 billion or $5.14/share when the company recorded an all time record high. For the fourth quarter 2014 (4Q14) […]

Brookfield Property Partners (BPY) 2014 Good Result with More to Come

Brookfield Property Partners (BPY) reported a strong first full year of operations since it was spun off delivering a total return of 20.2% to unit holders for the year. Consisting of 15.2% in capital gains and 5.0% in distributions the total return compares very favorably to the S&P 500 total return including dividends of 14.0%. […]

Brookfield Asset Management (BAM) 3Q14 Update: Growing Platform of Opportunity

Brookfield Asset Management is a global alternative asset manager with $200 billion in Assets under Management (AUM). They own and operate real assets with a focus on: property, renewable power, infrastructure through listed entities and their asset management franchise. Capital is employed with a long term investment horizon, attention to the business cycles and a […]

Brookfield Property Partners (BPY) 3Q14 Update: Significant Upside Potential

Sometimes Mr. Market just doesn’t get it. BPY is a global premier property company with significant upside potential over the next five years. The upside is driven by initiatives underway in its existing asset base led by a top notch management team with a track record of outstanding risk adjusted returns. BPY was spun off from […]

Brookfield Asset Management (BAM) 2Q14 Results: Strong Growth Continues

Profile: Brookfield Asset Management is a global alternative asset manager with $192 billion in Assets under Management (AUM). They have a 100+ year history of owning and operating real assets with a focus on property, renewable power, infrastructure and private equity sectors. They invest alongside shareholders and institutional investment partners in high quality, simple to […]

Brookfield Property Partners (BPY) 2Q14 Results: A Lot of Positives

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 in April, 2013. Our investment thesis is centered on the long term performance under BAM and that it will […]