A Real Estate Investment Trust (REIT) is a company that generates income from real estate investments. These companies offer investors an opportunity to invest in real estate without owning properties directly. They provide benefits such as regular income through dividends, portfolio diversification, potential tax advantages, professional management, and liquidity through publicly traded shares.
Despite REITs underperforming due to the pandemic in 2020, three REITs have outperformed the market and industry, which we will discuss below.
Brookfield Infrastructure Partners BIP, EastGroup Properties EGP, and Iron Mountain IRM are three excellent investment options with high Zacks Ranks and market-beating performances. They are from three different sectors within the REIT industry, providing investors with diversified investment opportunities.
Image Source: Zacks Investment Research
Brookfield Infrastructure Partners
Brookfield Infrastructure Partners is a renowned global infrastructure company that operates, owns, and controls a varied portfolio of high-quality infrastructure assets across sectors such as utilities, transportation, energy, and data infrastructure. It aims to deliver long-term, stable cash flows and attractive returns to its investors.
Leveraging its expertise in asset management, Brookfield actively seeks investment opportunities that offer growth potential and contribute to the critical infrastructure needs of societies worldwide.
BIP’s annual revenue has surged exponentially since 2016, growing from $2.1 billion to over $15 billion today. Brookfield’s reputation as an asset manager has grown to be one of the most respected in the industry. Because of this strong reputation, it can grow assets under management and acquire new infrastructure assets.