While the delta variant is affecting some real estate sectors, it can’t touch others. Here’s a look at three real estate investment trusts (REITs) that will thrive even if the delta variant wave persists.
The COVID-19 outbreak has hit certain sectors of the commercial real estate industry hard. For example, it has weighed on hotel occupancy, caused uncertainty for office buildings, and impacted the retail industry. These sectors all started rebounding earlier this year as vaccines began pushing back against the pandemic — that was, until the delta variant caused cases to spike. However, while delta is affecting some real estate sectors, it can’t touch others. Here’s a look at three real estate investment trusts (REITs) that will thrive even if the delta variant wave persists.
A red-hot real estate market
Demand for industrial real estate is stronger than it has ever been. That’s benefitting leading industrial REITs Prologis (NYSE: PLD). CEO Hamid Moghadam stated in the company’s second-quarter press release: “Demand for logistics space is robust and diverse, and operating conditions remain the healthiest in our 38-year history. Vacancies in our markets are at all-time lows, contributing to record rent growth and valuation increases.”
Instead of hurting demand for industrial real estate, delta is likely helping. That’s because it’s causing additional supply chain disruptions and acceleration in the adoption of e-commerce, contributing to even more demand for warehouse space. Those demand catalysts are helping drive robust rental growth rates, which will likely continue for years to come.
It’s also driving demand for industrial real estate by investors, which is propelling asset values higher. These factors should enable Prologis to continue producing strong total returns even if delta weighs on economic growth.
Robust demand for these properties
The pandemic has changed the way people think about housing. An increasing number of people want the flexibility of renting with the size and privacy offered by single-family homes. That’s driving demand for single-family rental (SFR) properties, benefitting Invitation Homes (NYSE: INVH), the largest residential REIT focused on the sector.
7¢ Skip Tracing – Guaranteed lowest price on the market for the best quality data.
Don’t just take our word for it. Try us out by running a small list first to see the tier 1 data for yourself. We are offering non-members access to member pricing, so you can experience the Skip Force Difference and improve the quality of your lists.
Pay wholesale price for quality data
Receive the TOP 3 Phone Numbers
Discover which phone numbers are best
Learn the BEST Time to reach a contact
We can take your old list, grade it and come up with the
BEST NUMBERS to contact
Develop a SNIPER MARKETING Plan
Increase ROI and TEAM MORALE
We have extended this special but cannot afford to keep this offer running for long.
Have Questions? Reach out to us, we’re here to help.
Call us at: 866-962-8190
“Skip tracing” is the process of locating a person’s whereabouts. If you’re in real estate, skip tracing allows you to find motivated sellers for great deals. By skip tracing you’ll be able to get listing, wholesale, or investments faster. How Does Skip Tracing Help In Real Estate? Let’s say you have a list of foreclosures. […]
Skip Force Drilling One Skip Force Drilling One – Interesting people are interested. Why did he say that? Because people tend to always talk about themselves. Right. What? You want to listen to someone who keeps bragging about himself? No. Right. You want to brag about yourself, too. So mirroring actually is the way is […]
SF Pricing Explained SF Pricing Explained – We have multiple options with our skip tracing and property data services. I’m going to break it down for you so you can make the best decision for your business. For skip tracing, there’s member pricing and nonmember pricing. Now you’re going to get the same data for […]