BNL - Broadstone Net Lease: An Attractive Yield For Income Investors
2024-07-08 11:55:26 ET
Summary
- Broadstone Net Lease is a diversified REIT with attractive yield and valuation, primarily focused on industrial properties.
- BNL has high occupancy and collection rates; they've been mostly beating analyst expectations, but growth is expected to be rather flat going forward.
- Despite a lack of growth in the near term, this REIT delivers a solid yield to compensate for that while they work to adjust the portfolio back to consistent growth.
Written by Nick Ackerman
Broadstone Net Lease ( BNL ) is a diversified real estate investment trust ("REIT"), providing investors exposure to a diversified tenant list operating in various industries. This REIT continues to sport an attractive yield and trades at a relatively attractive valuation, making it a potentially enticing choice for income-oriented investors....
Broadstone Net Lease: An Attractive Yield For Income Investors