Why Brookfield Property Jumped 10% on May 26 [The Motley Fool]
Brookfield Property Partners LP (BPY)
US:NYSE Investor Relations:
bpy.brookfield.com/en
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Source: The Motley Fool
Reuben Gregg Brewer(TMFReubenGBrewer)Author BioReuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls.What happenedShares ofBrookfield Property PartnersNASDAQ:BPYSimon Property GroupNYSE:SPGTanger Factory Outlet CentersNYSE:SKTSo whatAfter the long Memorial Day holiday weekend, investors started the short trading week off with a burst of exuberance, pushing markets generally higher. AlthoughCOVID-9Image source: Getty ImagesThe big story underpinning the moves here is basically simple. COVID-9 shut down non-essential businesses, including malls. Getting the malls back open, which is starting to happen, has been a first big step for these companies. However, the longer-term question is whether or not consumers will want to go to a mall at all, since they are purposely built to bring large groups of people into one central location. The coronavirus spreads more easily in group settings. However, if there's a vaccine, or at the very lea
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