IVT - InvenTrust Properties: Great REIT To Own At The Right Price
2024-04-02 08:10:00 ET
Summary
- InvenTrust Properties is a newcomer in the publicly-traded Shopping Center REIT space and its stock has performed well over the past year.
- IVT focuses on premier locations across the U.S. Sunbelt and has a high exposure to grocery-anchored properties, making it recession and e-commerce resilient.
- The company has a high occupancy rate, strong tenant demand, and pays a well-covered dividend.
Buying up-and-coming REITs can be a great strategy for income investors, when considering the fact that it doesn’t take as many deals to move the needle as it would for a much larger REIT....
InvenTrust Properties: Great REIT To Own At The Right Price