FINANCE

VICI Properties Vs. W. P. Carey: What Is The Best REIT?


Thumbs up and thumbs down

PM Images/DigitalVision via Getty Images

Typically, the main advantage of net lease REITs like Realty Income (O) is the consistency of the cash flow, but the downside is that their annual rent hikes are generally limited to just 1-2% per

WPC VICI
Portfolio focus industrial casinos
Biggest tenant exposure 2.4% 39%
Credit rating BBB+ BBB-
Rent escalators Largely uncapped CPI Largely capped CPI
Years as a public company 26 years 7 years

WPC VICI
P/FFO 12x 13x
P/NAV 20% discount 8% discount
Dividend Yield 6% 5.5%



Source link

PennsylvaniaDigitalNews.com