DEA - Easterly Government Properties: The Long-Term Treasury Bond Of REITs
- DEA owns Class A-quality properties specially designed for tenancy by federal government agencies and departments.
- DEA's stock price acted much like a Treasury bond during the initial market disruption in Spring, 2020.
- And why shouldn't it? Leases are backed by the full faith and credit of the U.S. government.
- As the finances of the federal government erode, more government-owned properties may become government-leased properties, giving DEA more acquisition opportunities.
- However, DEA is vulnerable to rising interest rates.
For further details see:
Easterly Government Properties: The Long-Term Treasury Bond Of REITs