New Stock Purchase: BPY.UN

Hey guys! New funds were available for investment so I decided to buy some shares today. In my previous post, I gave some ideas in what to invest in August. Well, I made a good use of it and decided to add more shares to my BPY position.

Brookfield Property Partners is one of the world's largest investors in real estate. The company has commercial properties in US, Canada, UK, Germany, Brazil, India, and South Korea. BPY currently owns 282 office properties, 168 retail destinations, residential apartment properties totaling 58,000 apartments, 123 hotels and resorts totaling 25,185 rooms; 49 student housing properties, and 68 logistic properties. The size of the company is insanely huge! $194 Billion of real estate assets under management!

Before today's purchase, I had 149 shares of BPY in my portfolio. I had enough money to buy 37 shares. My order got filled at $25.90 and now I own 186 shares of BPY. It was the fourth largest holding and now it became the second largest holding in my portfolio. I'm going against all rules of portfolio diversification and risk management! I can't help it! I really like this company and properties they manage. World class!

World class properties are not the only things I'm excited about. I'm also excited about the fact that the stock trades below its Net Asset Value (NAV). At the current price, you get to enjoy 30% discount and 6.7% dividend yield. Also, the company was recently approved to purchase and cancel 10% of its outstanding shares. That means that existing shares will become more valuable as there will be less shares in the float.

So this was my purchase today! Let me know what you think of this company.


  1. nice German. Im a huge fan of bpy. Great company at a great price.

    keep it up

    1. I'm curious to see the impact once they buy back 10% of their shares. Cheers!

  2. I liked your blog thanks for sharing this