- ELS and SUI delivering exceptional value to shareholders became par for the course. They did even better recently.
- Following their strong results in Q2 2021, targets were increased to account for the faster-than-expected growth in AFFO per share and same-store NOI.
- Due to the sharp rally in share prices, even with the strong performance, shares sit in our neutral range today.
- The outperformance of REITs with lower yields is nothing new. It's happened for several years. Investors are regularly undervaluing growth.
For further details see:
Low Yield REITs Dominate Again