Is Brookfield Property Partners Stock a Buy?
Brookfield Property Partners (NASDAQ: BPY) is an odd duck in the real estate business. However, a hefty 6.8% distribution yield with a disbursement increase in each of the last seven years (basically each year of its relatively young life) might get investors to look past a few oddities. The big question, however, is should you? Here's a primer on this high-yield landlord to help you decide if it is a buy or not.
Brookfield Property Partners is part of the Brookfield Asset Management (NYSE: BAM) family. Brookfield Asset Management is a Canadian asset manager that has focused on owning and operating physical assets for over 100 years. Historically it managed private money and its own cash, but more recently it has started to allow individual investors to invest along with it via a series of limited partners, each focused on different things. Brookfield Property Partners, as the name implies, owns real estate.
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Source Fool.com
