Coronavirus has brought the world to a virtual standstill, and as a result many REITs are struggling to maintain their dividend. Some property sectors, such as those that do not rely on social gathering and benefit from work at home, have actually seen profits increase.
As we construct our REIT portfolio intelligently, we look to own shares in these defensive sectors such as data centers, cell towers, manufactured housing, and cold storage. Most all REITs traded down in March due to the coronavirus and these more defensive sectors are positioned to play offense and issue