ONL - Why Orion Office Is Still A Horrible Idea
- Orion Office is an Office REIT that was spun off as a consequence of last year's Realty Income and VEREIT merger.
- The REIT offers a rather unique approach to Office REITs with a focus on net-leased, single-tenant suburban office properties.
- The future for Orion remains uncertain with multiple negative catalysts developing both in the short-mid term, as well as the long term.
- Orion has gone through a very turbulent six months of trading where it lost almost 50% of its value since the spin-off.
- Is there value to be found in this unique single-tenant net-leased suburban office play or is the REIT going to suffer even more?
For further details see:
Why Orion Office Is Still A Horrible Idea