- Retail REITs have been on a tear in the past year.
- Positive data points have included rent collection, occupancy, and leasing spreads.
- Risks remain, in both retail brick and mortar sales, but also in current valuations that may not reflect the long term risks.
- Chilton has used Diversified REITs and Triple Net REITs to gain exposure to retail but with less valuation downside.
- Chilton also recently initiated a position in InvenTrust, its first pure play retail REIT investment in more than 18 months.
For further details see:
Retail REITs: Revisited And Reconsidered