Realty Income Is Fairly Valued Despite Underperforming Peers
ORealty Income(O) Seeking Alpha·2024-08-19 12:37
FotografiaBasicaOver the past several months, the net lease sector has begun to outperform real estate at large. The boost comes as much-needed relief for a sector that has been punished over the past several years. In fact, for some net lease REITs, the rising interest rate era has seen unprecedented drawdowns for share prices. As interest rates increased, yields were pushed higher. The ten-year treasury’s yield increased several hundred basis points inside of the course of twelve months, one of the mo ...