Is Physicians Realty Trust a Buy?
Physicians Realty Trust (NYSE: DOC) is a relatively young healthcare real estate investment trust (REIT) focused on a specific niche within the sector. It offers investors a notable 5.2% yield and has been growing rapidly since its 2013 IPO. But there's one thing that it hasn't been doing much of, which means that it may not be a great investment option. Here's what you need to know to decide whether Physicians Realty Trust is a buy.
Healthcare is a broad sector within the property market, encompassing everything from hospitals to nursing homes. While some healthcare REITs create a diversified portfolio, Physicians Realty focuses only on owning medical office buildings. The vast majority of its portfolio is either located on a medical campus (such as a hospital) or is affiliated with one. These are prime assets because medical providers want to be close to the large facilities that draw patients.
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Source Fool.com
