Ah, yes John thank you. That's exactly what I was looking for. Seems like they were buying at a good pace a couple of weeks ago. I really like this move. I try to estimate fair value for each of the listed partnerships and it seems clear enough that BPY is the cheapest of the three.
It also seems like purchases of BPY might be more accretive than repurchases of BAM, although that one's a bit more unclear to me. At any rate, it seems like a solid cash deployment option.
By the way, does anyone know of a way to kind of see exactly what they spend what they call their "cash available for distribution"? You can get a sense of what they're doing for example if they buy back stock the share count will go down or if they buy BPY on the open market their shares owned will go up, but I don't know of a way to figure it out with a bit more precision. It's obviously difficult since the consolidated financials have so many moving parts.
