This REIT Has Cracked the Code to Creating Value Out of Land
There are so many factors to examine when making investments that you can't possibly look at them all. You need to focus your efforts on a few, often simple, things so you can cut through the noise and make a decision. Real estate investment trust (REIT) Federal Realty (NYSE: FRT) has figured out two key factors for its property portfolio. Here they are and here's what you can learn from them.
One of the most interesting things about Federal Realty's portfolio is how small it is, containing just 106 properties. Compare that to shopping center peers like Regency Centers (NASDAQ: REG) and Kimco (NYSE: KIM), which own 402 and 545, respectively. And yet, despite a portfolio that's roughly a quarter to a fifth the size of these two REITs, Federal Realty's market cap is $10 billion compared to $12 billion for Regency and $14 billion for Kimco.
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Source Fool.com
