Q: There is very little information about about this issue with very high yield office property investment. In general office property REITs are loosing ground with asset valuation. How do one get to analyse it other than its name sake being a part of Brookfield managed manager.
5i Research Answer:
BPYP.PR.A reports its financial information under Brookefield Property Partners L.P (BPY). Quarterly financial information can be found under the following link: https://bpy.brookfield.com/bpy/reports-filings/quarterly-reports
BPY recently reported Q3 earnings where commentary was provided on the office segment. The office segment definitely appears to be struggling with FFO being negative at ($8M) and fair value losses at $390M for the quarter.