Dive Brief:
Brookfield Property Partners released one of its last statements as a publicly traded REIT Friday, reporting that first quarter funds from all operations fell nearly 60% year over year to $125 million. Overall the company was in the black in the quarter, reaching net income of $731 million, up from its $373 million loss a year ago.
Its core retail business fed the decline, as funds from those operations fell 45% to $108 million, per a company press release. Brookfield trimmed the portfolio recently, handing over the keys to three malls (Florence Mall in Kentucky, Bayshore Mall in California and Pierre Bossier Mall in Louisiana), and walking away from what were delinquent commercial mortgage-backed securities loans, according to a KBRA Credit Profile report.
When asked which number is the luckiest, most people answer with
seven. In the stock market, income investors are likely to develop an affinity, too, for dividend stocks that offer mind-blowing yields of as high as 7%.
Brookfield Property Partners (TSX:BPY.UN)(NASDAQ:BPY),
Nexus (TSX:NXR.UN) are three names that belong to the
TSX’s group of high-yield stocks. You can increase your investment income further because the dividends are more than 7% even.
Renowned real estate company
Brookfield Property is a $20.52 billion diversified global real estate company. Its large portfolio features some of the world’s best-known commercial properties. The company’s ownerships are in office, retail, multi-family, industrial, hospitality, triple net lease, student housing and manufactured housing assets.
SHARING OPTIONS:
The land sold online is situated about 6km from Roscrea and about five minutes’ drive to Junction 21 on the M7. It has been used as an outfarm for grazing cattle.
Four bidders took part in an online auction last week for 82.9ac at Ballaghmore Lower, near Borris-in-Ossory, Co Laois.
The sale was handled by Property Partners Mansfield.
A standout point of the holding is that it has frontage on to three roads.
Auctioneer Billy Mansfield said that the bidding opened at €775,000 and progressed to €830,000.
Bidding then halted for some 30 minutes before resuming. The final price was €1,115,000.
Winning bidder
Heron Welcomes First Residents in Water Street Tampa
Following pre-leasing success, Strategic Property Partners begins in-person tours, announces first-of-its-kind partnership with LIVunLtd
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TAMPA, Fla., April 19, 2021 /PRNewswire/ Strategic Property Partners, LLC ( SPP ), the Tampa-based developer behind Water Street Tampa, welcomes its first residents to
Heron, the first residential rental building to open in the highly anticipated waterfront neighborhood. The building is now offering in-person tours for potential residents, following a successful pre-leasing period in which more than 25 percent of the 420 rental residences were reserved before the building opened for tours.
This rendering shows Heron, a new residential rental building that welcomed the first residents to the highly anticipated Water Street Tampa neighborhood. With the design of the building led by world-renowned architect Kohn Pedersen Fox Associates,
The living room. The hallway.
Platt, who grew up with his mother in London, says she really loved Ireland, especially as the Irish âarenât bothered by classâ. âWhen I was young she had no boyfriends; she didnât want a man in her life as so many of them had let her down. The only one she had was later on, and he was an Irishman called Jimmy.â
The third bedroom in the pristine cottage is now Plattâs home office. Though engaged as a business consultant, he has taken the past year off to comply with a request in his motherâs will: âThat my son Seymour will endeavour to tell the truth about my life.â