This is an update the initial video on $BPY from a little over a year ago.
Brookfield Properties owns $70B in real estate assets, mostly in office and retail. With COVID-19, retail assets have been particularly hard hit as stores and malls have been shut down, with several tenants unable or unwilling to pay rent. Management provided an update letter to unitholders in late March. For now, the Company continues to pay its dividend.
This video provides an update on $BPY, including 2019 performance, balance sheet, sustainability of its dividend and other key considerations for investors.