I'm Buying More of This Stock Before It's Too Late
The pandemic cast a cloud on the future of office buildings. That has weighed heavily on real estate investment trusts (REITs) focused on owning office buildings.
While overall demand for office space remains uncertain, demand for high-quality office space in the Sun Belt region has grown stronger in recent years. That's benefiting Sun Belt-focused office REIT Cousins Properties (NYSE: CUZ). However, it has gotten lumped into the sell-off in the sector, which has caused its stock to sink more than 25% this year.
I think the market will eventually realize its mistake as it becomes clear that Cousins' strategy is delivering results. Because of that, I plan to buy more shares of the office REIT before it's too late.
Source Fool.com
