Today, we’re highlighting a company that’s benefiting from the frenzied property market…
Regular readers know the real estate market has been on fire recently. It’s a perfect environment for real estate investment trusts (REITs)… These “landlord” companies own and operate properties like apartment buildings, offices, and shopping centers. And they’re required to pay at least 90% of their profits to shareholders. Today’s company shows the effectiveness of this business model…
Duke Realty (DRE) is a $20 billion industrial REIT. It has more than 160 million rentable square feet of properties in 20 markets nationwide, including Florida and Texas. With a strong presence in many of the country’s major real estate markets, Duke Realty is profiting today… The company has leased more than 98% of its in-service properties as of the first quarter. And in the same period, its funds from operations (a measure of cash flow for REITs) grew to $0.38 per share, up from $0.28.
As you can see, DRE is up roughly 30% on the year. And it just hit a fresh all-time high. As long as the real estate market remains hot, DRE should perform well…
President Trump just went on record: the AI data center buildout sweeping America is unstoppable. Communities across the country have been pushing back - over rising electricity bills, strained water supplies, and projects landing next door to homes and schools. But the AI buildout isn't slowing down. In fact, Elon Musk's master plan - hidden inside SpaceX - avoids every obstacle. Analyst Rob Spivey says folks who understand what Elon is building - and why - could make a lot of money in the right stocks. Get the name and ticker of the No. 1 stock at the center of it FREE (not Tesla or SpaceX).
Source: Daily Wealth’s Market Notes
