動画公開日:2023-06-10 23:39:13
Today, we look at 3 once-in-a-decade REIT buying opportunities. These are high quality, blue chip dividend stocks that are undervalued and offer high dividend yields and upside potential. These 3 cheap REITs are among the best REITs to buy for 2023 and they fit nicely in a dividend portfolio. They are Alexandria Real Estate (ARE REIT), BSR REIT (BSRTF), and Vonovia (VNA stock). They are not as famous as Realty Income (O Stock), but they are even more attractive. 🎁You can access my entire REIT Portfolio by taking a 2-week free trial to my REIT newsletter, High Yield Landlord: https://seekingalpha.com/checkout?service_id=mp_1268
Here are three of my top REITs to buy today:
Alexandria Real Estate (ARE REIT) is a REIT that invests in life science buildings. Some of its biggest tenants are companies like Moderna and Pfizer. It enjoys rapidly growing rents, has a strong investment grade rated balance sheet, and one of the best track records in the REIT sector, and despite that, it is today heavily discounted.
BSR REIT (BSRTF / HOM.U) is an apartment REIT that focuses on Texan markets like Dallas, Houston, and Austin. It is similar to Whitestone REIT which we have previously highlighted in that it focuses on sunbelt markets and it benefits from the same growth. Its occupancy rates are high and its rents are growing at a good pace. BSR is priced at a 40% dividend yield and it pays a 4% dividend yield.
Vonovia (VNA Stock) is a listed real estate company that owns apartment communities mainly in Germany, but also in Sweden and elsewhere in Europe. It is a blue chip with a defensive cash flow, a strong balance sheet, and a great track record. But it is currently priced at a large discount to its net asset value. Its latest share price is €17 per share but its latest NAV is around €55.
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Image sources: Tricon, WSR, NAREIT, YCHARTS, EPRA, Canva
Important Disclaimer: Leonberg Capital holds positions in HOM.U, ARE, and VNA. This video is impersonal and does not provide individualized advice or recommendations for any specific person. Viewers/readers should not make any investment decision without conducting their own due diligence and consulting their financial advisor about their specific situation. This video is for entertainment purposes only and you are responsible for your own investment decisions. The information is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The opinions expressed are those of the publisher and are subject to change without notice. This YouTube channel is managed by Leonberg Research OÜ, a subsidiary of Leonberg Capital OÜ.
#reits #dividend #passiveincome