- Today we look at a REIT, which is rare for me, but something I do when a lot of readers make the request. This is the case for CyrusOne.
- CyrusOne, like another REIT I have looked at, is a data center REIT. Unlike the other REIT, it has far lower fundamentals, yet still commands an impressive premium.
- Valuation premiums for a non-investment-graded REIT yielding barely 2.8% is a doubtful prospect. I'm careful here, and for several reasons, consider CONE a "HOLD".
- Read the article to see why I believe this to be prudent.
For further details see:
CyrusOne: Good Company, But Expensive And Questionable Valuation