Brookfield Property Partners a good longterm play
$NASDAQ:BPYBPY.UN has a great portfolio of residential/office/ commercial properties. It s now trading at 30% of NAV. The malls has been affected by Covid 19 but the great location would help BPY to survive this crisis like the ones before.
I think 2 senario for the shares:
1- No Div Cut
2- Div Cut
The second scenario may cause the shares to drop in a short term but it s good entering point.
I think 2 senario for the shares:
1- No Div Cut
2- Div Cut
The second scenario may cause the shares to drop in a short term but it s good entering point.
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