Just a reminder that we will be holding our Black Book presentation on Best Idea Long IRM and the Logistics REITs today, 7/12 at 12:30pm ET. We will be focusing on the reasons why we think the short thesis on IRM is falling apart, and how the unwind of a still-elevated ~12% interest on a stock with a safe 5.7% dividend yield will drive shares higher. Additionally we will discuss thoughts on the macro backdrop for the sector and a framework for thinking about bellwether Prologis (PLD) which we have on our Long Bench.
REITs Subscribers CLICK HERE for event details (includes video, dial-in and materials link).
Please call or e-mail with any questions.
Rob Simone, CFA
Managing Director
Twitter: @HedgeyeREITs
Cell:
