Brookfield Property Partners L.P. - Limited Partnership Units (BPY) News
Filter BPY News Items
BPY News Results
|Event/Time||Symbol||Company||News Detail||Start||End||Change||POWR Rating|
|Loading, please wait...|
Latest BPY News From Around the Web
Below are the latest news stories about Brookfield Property Partners LP that investors may wish to consider to help them evaluate BPY as an investment opportunity.
Alongside a tender offer for Brookfield Property Partners (BPY) units, Brookfield Property REIT (BPYU) plans to start a tender offer to buy up to 9.17M shares of BPYU class A stock from public shareholders for $12 per share, a 17.3% premium to its July 1 close.BPYU gains 8.1% in premarket trading.The...
Brookfield Property Partners (BPY) jumps 13% in premarket trading after announcing plans to purchase as many as 74.2M of its LP units at $12 per unit, or 17.6% higher than its July 1 close of $10.20.The offers total value comes to ~$890M.BPY will fund the offer by drawing on an equity...
Brookfield Property Partners' parent came forward with a "deal" for unit holders, and the price took off accordingly.
Brookfield Property REIT Inc. Announces Intention to Commence Tender Offer to Acquire Up to 9,166,667 Shares of Class a Stock at a Price of $12 Per Share
Brookfield Property REIT Inc. (“BPYU” or “the Company”) (BPYU) announced today its intention to commence a tender offer (the “Offer”) to purchase up to 9,166,667 shares of BPYU’s Class A Stock, par value $0.01 per share (“Class A Stock”), from public shareholders for a price of $12 per share, representing a 17.3% premium to the share price on the Nasdaq Stock Market as of market close on July 1, 2020. For greater clarity, the Offer will not be made for limited partnership units (“BPY Units”) of Brookfield Property Partners L.P. (“BPY”), which will be the subject of a concurrent and separate offer by BPY.
Brookfield Property Partners Announces Substantial Issuer Bid to Acquire Up to 74,166,670 Units at a Price of $12.00 Per Unit
Brookfield Property Partners L.P. (“BPY” or the “Company”) (NASDAQ: BPY; TSX: BPY.UN) announced today its intention to commence a substantial issuer bid (the “Offer”) to purchase up to 74,166,670 of BPY’s limited partnership units (“Units”) from public unitholders (“Unitholders”) for a price of $12.00 per Unit, representing a 17.6% premium to the Unit price on the Nasdaq Stock Market as of market close on July 1, 2020. The total value of the Offer is approximately $890 million.
Brookfield Property REIT Inc. -- Moody's downgrades Brookfield Property REIT's CFR to Ba3; negative outlook
Moody's Investors Service, ("Moody's") downgraded the ratings of Brookfield Property REIT Inc. ("BPYU"), including its Corporate Family Rating to Ba3 from Ba2 and its senior secured bank credit facility and senior secured notes to B1 from Ba3. The rating outlook is negative.
People love real estate, but hate REITs. There are so many great deals on REITs at the moment, with Brookfield Property Partners LP (TSX:BPY.UN)(NASDAQ:BPY) being one of the best. This is a high-yield stock you can add today. The post Value Opportunity! 1 High-Yield REIT to Buy Right Now appeared first on The Motley Fool Canada .
Have you ever noticed that most of the difficult goals in life come with very simple solutions? You want to lose weight? Eat less and focus on healthy foods, and train more. You want to build a business? Identify a problem and offer a solution. You want to retire stress-free?...
Brookfield Property Partners L.P. (TSX:BPY.UN)(NASDAQ:BPY) is a high-quality dividend stock that trades at a truly ridiculous valuation. The post This 12% Dividend Stock Is Ready to DOUBLE in Price appeared first on The Motley Fool Canada .
Let’s take Brookfield Property Partners (BPY), the Bermudan-Canadian-global, Reit-like, income vehicle managed by Brookfield Asset Management. BPY is best known for its investments in “trophy” office properties, such as Canary Wharf in London or Lever House in New York, as well as its “core retail” malls with storied tenants such as JC Penney. One might think that given coronavirus and recession headlines, BPY’s management would have visibly furrowed brows.