Trophy office properties have long-duration leases, so landlords continue collecting rent even as tenants vacate the space—Brookfield benefits from this duration misalignment because empty buildings still generate contractual revenue.
factualpending
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Monish PabraiEvidence Quote
“long leases... even if... vacancy, Brookfield may still... collecting rent”
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Legendary value investor Mohnish Pabrai on Reysas, Position Sizing, Big Tech, ChatGPT and more— SumZeroCreated: 8/11/2026, 1:32:28 AM
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