2024-02-01 10:30:00 ET
Summary
- Brixmor Property Group is an appealing pick for income investors seeking exposure to quality real estate with growing fundamentals.
- BRX owns 364 retail centers, with 74% of its properties being grocery-anchored, making them less susceptible to economic and e-commerce disruptions.
- BRX has demonstrated strong portfolio fundamentals, with high occupancy rates, rent growth, and a strong balance sheet.
Real estate can be a great way to accumulate wealth, but the high upfront costs can be prohibitive for most investors. Besides, most real estate in the private market is priced at around fair value, making it difficult to realize great value unless one is willing to do the legwork in significantly renovating and leasing up a property....
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Why Brixmor Property Is A Great REIT To Stock Up