Brookfield Property is one of the world’s largest property owners with a high-octane strategy and lofty yield, and it comes at a depressed price, Andrew Bary writes in this week’s edition of Barron’s. Its partnership units (BPY) look attractive, and with a market value of $18B, Brookfield Property is the flagship real estate vehicle for Brookfield Asset Management (BAM), which rivals the industry leader Blackstone Group (BX), the report notes.
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