2 Retail REITs You Can Buy and Hold for the Next Decade
With the world developing more and more weapons to fight COVID-19, buying shares of retail businesses that depend on a physical presence may again be compelling, especially for long-term investors.
Two to consider buying and holding for the next decade are Federal Realty Investment Trust (NYSE: FRT) and Simon Property Group (NYSE: SPG). Both are real estate investment trusts (REITs) that have weathered years' worth of e-commerce erosion on brick-and-mortar properties -- which grew worse during the pandemic shutdowns -- but they have very different portfolios and stories to tell.
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Source Fool.com
