![]() Real estate investment trusts (REITs) allow investors buy shares in real estate portfolios that receive income from various properties. Understanding REITs is necessary before proceeding to the top 10 REIT stocks that are ideal for investors. Brookfield Asset Management (NYSE:BAM) recently said it would acquire all of the existing limited partnership units of Brookfield Property Partners (NASDAQ:BPY) for $6.5 billion. The company’s distributable earnings per share in the quarter came in at 82 cents, compared to 57 cents in the same quarter a year ago. ![]() In the fourth quarter, the real estate company made $2.1 billion from operations, helped by a massive rise in fee-related earnings, asset sales and a recovery in operations. The major catalyst behind this rise was an 18% increase in shares of lodging owners and a 32% gain by mall owners.īrookfield Asset Management Inc (NYSE: BAM) is a case in point highlighting the recovery in the real estate industry. Real-estate investment trusts saw an overall increase of 9% during the three-month period ending April 6, compared to S&P 500’s 6% gain in the same period, according to data from Green Street. You can skip our detailed analysis of the real estate industry’s outlook for 2021 and some of the major growth catalysts for REIT stocks and go directly to the Top 5 REIT Stocks Under $10.Īnalysts are hopeful about a sharp rebound in REITs thanks to the mass rollout of vaccines, President Biden’s ambitious infrastructure plan and an expected return to office of millions of workers. ![]() In this article we will take a look at the top 10 REIT stocks under $10 that are currently very attractive.
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