Brookfield Property Buyout: Fair Value Would be $20

Posted on by John Sheehy

Brookfield Asset Management (BAM) offered to buy the publicly held units of Brookfield Property Partners (BPY) for $16.50/unit (LINK) I organized my thoughts to assess how much upside might remain to a definitive agreement. The price is low by most metrics: 38% discount to IFRS Net Asset Value per share of $26.80. BAM's own quarterly … Continue reading Brookfield Property Buyout: Fair Value Would be $20