KRG - Retail Opportunity Investments Q4: Great Time To Buy These Prime Assets
2024-03-06 10:49:59 ET
Summary
- Retail Opportunity Investments Corp. is an undervalued shopping center REIT focused on the U.S. West Coast.
- ROIC has a high portfolio leased rate and a majority of its properties are grocery and/or drug-store anchored, making them resistant to e-commerce.
- ROIC has demonstrated portfolio growth and has potential for future acquisitions, supported by a greatly improved balance sheet and retained capital after paying the dividend.
Real estate continues to be a good way to accumulate wealth and income over the long run, and while owning commercial properties is out of reach and/or unrealistic for most retail investors, REITs offer a great alternative....
Retail Opportunity Investments Q4: Great Time To Buy These Prime Assets