Office REITs are down 30-50% since I started looking at the industry. What is the market assuming will happen?
Private market cap rates seem to be stable, with some slightly increases in different locations. Public market makes it seem the industry is dying.
Stocks like BXP, SLG, VNO, HPP, KRC, DEI, etc seem to be established companies with good track records. The tenant occupancy is good and their debts are staggers.
Only thing is work from home. Pre Covid, employee occupancy was 99%. It’s like 40-60% currently, depending on location. For example, San Jose is 40% while Austin is 60%.
I’m surprised there aren’t acquisition talks at this level. This reminds me of the retail sentiment when people thought Amazon would take over the world.
[link] [comments] https://www.reddit.com/r/stocks/comments/12011zt/why_is_the_market_pricing_office_reits_like/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
