VONOY News and Press, Vonovia SE ADR From 10/11/22

Summary Enough about MLPs, tobacco, and AT&T. Thanks to the selloff, you can now score a 6% yield from companies you may not expect. This list includes 3 Aristocrats and by next year, a 4th will qualify. The other 2 have decent dividend track records. While all of these co...

Summary Investors are flocking to USD, and most foreign currencies are now weak. On the surface, investment implications seem slight, but it is quite the contrary. This article will highlight the current market implications and ways that a strong USD influences foreign assets....

Summary REITs generate higher returns than rental properties in most cases. They are also safer and require little effort. Especially today, it makes little sense to buy REITs since they are priced at huge discounts relative to the value of the real estate they own. ...

Summary This month I had 7 transactions. New forward dividend is approximately $1,080. Next month I will look into the European real estate sector, TJX, L3Harris and Microsoft. September is over and it is yet another month to quickly forget when it comes to stock ret...

Summary Shares of Aroundtown have sold off recently. The company's performance has been decent up until the pandemic. The net debt to EBITDA is on the higher side, but LTV and the debt maturity profile look good. I estimate a fair value of €5.93. Lately, E...

Summary Regret is a powerful force. Not one to be messed with. Income investing is a wonderful means to pay for retirement. Even the best investments have their naysayers. Co-produced with Treading Softly Regret. It's a powerful word and an even more powe...

Summary Vonovia trades below 40% of book value, with properties carried on their balance sheet well below current market values. The main risk is high debt and the expected increases in interest rates. The risk will be significantly mitigated by a successful execution of the c...

Summary A lot of investors claim that real estate investment trusts are headed lower. But we actually think that now is a great time to be a REIT buyer. Many REITs are priced at historically low valuations due to temporary fears. We are likely headed into a recession...

Summary Vonovia is trading at a very attractive discount on paper. Deleveraging is currently in process. Immigration may additionally support the demand for real estate in Germany. I believe Vonovia has large upside potential caused by mispricing in net tangible assets eve...

Summary Blue chip companies typically trade at high valuations and low yields. But following the recent sell-off, even blue chips have become undervalued in some specific sectors. We highlight a few high yielding REITs that we are accumulating. Everyone has their own...