Following the high inflation and subsequent rises in interest rates in 2022, global REITs have struggled, with the Iran war beating an already beaten down asset class further with more inflation and rate rise worries.
Hey mate, you're totally right and I don't know how I missed that. Comes to around an 8% yield instead of 10%. Have edited the writeup to reflect this.
Great Pick but it feels a bit too early? decent to make it part of a vast diverse portfolio, not that great for a concentrated portfolio as u may get stuck with capital for some time
Maybe, but also we've seen a lot of M&A activity in the REIT sector in the past year that could accelerate the timeline. I agree, I wouldn't be too concentrated in it with how illiquid it is.
They added back $800k to FFO before arriving at AFFO last 3 quarters. This is a real expense.
So your "real" AFFO pr. quarter is $800k lower.
Agree?
Hey mate, you're totally right and I don't know how I missed that. Comes to around an 8% yield instead of 10%. Have edited the writeup to reflect this.
Great Pick but it feels a bit too early? decent to make it part of a vast diverse portfolio, not that great for a concentrated portfolio as u may get stuck with capital for some time
Maybe, but also we've seen a lot of M&A activity in the REIT sector in the past year that could accelerate the timeline. I agree, I wouldn't be too concentrated in it with how illiquid it is.
congrats!