BPY is -20.98% from its 52w high. It seems to me that this is a broader market decline and not company specific since the real estate development sector has had a rough period with between 11 to 44% declines from the 52w highs.
I am tempted by the 7+ percent BPY yield atm for a company managed by Brookfield. Am I missing something in the company's financial health that would merit a decline? Can't seem to find anything on the company that would explain it's recent fall.
Submitted December 02, 2018 at 02:13PM by nonickleft https://ift.tt/2Q9g31t
