Where Will Realty Income Be in 10 Years?
Realty Income (NYSE: O) has a market cap of around $60 billion. It owns over 15,500 properties spread across the United States and Europe. It is, by far, the largest net lease real estate investment trust (REIT) you can buy. Here's why that's a good thing and what it likely means for the next decade.
Realty Income's tenants pay for most of the property-level costs associated with the assets they occupy. That is known as a net lease, which materially reduces business risk for Realty Income. In the end, many of the transactions the company enters into turn out to be financing events for the seller, who usually becomes the property's tenant in a sale-leaseback transaction.
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Source Fool.com
