Topic: How To Invest

Q: Pat: I have read a number of articles on Brookfield Property, and analysts seem very positive. What is your opinion of BPY.UN and what is your top REIT recommendation?

Article Excerpt

A: Brookfield Property Partners LP, $26.19, symbol BPY.UN on Toronto (Units outstanding: 407.4 million; Market cap: $10.7 billion; www.brookfieldproperties.com), owns, operates and invests in commercial real estate worldwide. Brookfield Asset Management (symbol BAM.A on Toronto) first sold shares of Brookfield Property Partners to the public in April 2013. The former parent still holds a 53% stake. The portfolio for Brookfield Property Partners includes: 150 office properties totalling over 99 million square feet, mainly in leading commercial markets such as New York, London, Los Angeles, Washington, D.C., Sydney, Toronto, and Berlin 125 regional malls and urban retail properties in the U.S. and Brazil, containing over 122 million square feet. The company mainly holds its retail properties through its 34% interest in General Growth Properties, Inc. Roughly 39 million square feet of industrial space across 122 properties, mainly consisting of warehouses in North America and Europe About 25,350 multi-family units across 84 properties in the U.S. and Canada 90 self-storage facilities comprising 7.2 million…

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