NYSE:ORetail REITs
Realty Income Expands Logistics And Global Footprint While Valuation Gap Persists
Realty Income (NYSE:O) formed a partnership with GIC to invest up to US$1.5b in logistics real estate.
The company made its first investment in Mexico, adding a new international market to its portfolio.
These moves expand Realty Income's reach beyond its traditional net lease focus in established geographies.
Realty Income, known for its net lease properties and monthly dividend, is widening its scope as logistics and global supply chains stay in focus for many real estate investors. The...