You Don't Have to Pick a Winner in Warehouse/Industrial REITs. Here's Why.
Rising interest rates and other headwinds have hammered the commercial real estate market, beating down the share prices of many solid companies that now present a good buying opportunity.
Many of these are real estate investment trusts (REITs), pools of properties that are required by tax law to pay out at least 90% of their taxable income to shareholders as dividends each year. There are more than 200 publicly-traded REITs, renting to tenants in industries ranging from retail to cell towers to farmland and more.
One of the best-performing sectors here has been industrial REITs. This includes owners of both manufacturing and warehouse facilities, and it's the latter that has really driven this sector's success, especially since the pandemic drastically changed the dynamics of and demands on the global supply chain, logistics, and e-commerce.
Source Fool.com
