Realty Income, a dividend-paying REIT, increases 2024 growth optimism by raising its acquisition target to $1bn, focusing on Europe.
Realty Income, a dividend-paying REIT, increases optimism for 2024 growth with $1bn added to its acquisition target, focusing on Europe for attractive initial cash yields. Offering a 6% yield, the REIT plans to invest $3bn in real estate this year, generating $4.15-$4.21 adjusted FFO per share. Its diversified global real estate portfolio and improving investment environment contribute to its growth outlook.
June 08, 2024
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