Here's Why the Best Is Yet to Come for W.P. Carey
Net lease real estate investment trust (REIT) W.P. Carey (NYSE: WPC) is busy making moves today, despite the resurgent coronavirus. That it is finding opportunity in the face of such headwinds is nice to see and is one of the reasons why the best is still yet to come for this REIT. But there's a bigger picture here that you need to understand to see just how bright the future could be.
The overarching backdrop for the real estate investment trust sector today is not particularly good for some key industry segments. The spread of COVID-19 has led to social distancing and the shuttering of non-essential businesses by governments around the world. That's been terrible for things like retail and office landlords. However, these same trends have also been a boon for industrial and warehouse assets, as consumers stuck at home increasingly shop online.
Image source: Getty Images.
Source Fool.com
