For an RRSP as a 2-3-year hold, vs. BAM Go with BAM. But he likes Granite--boasts a very strong balance sheet with low debt which protects them in a downturn. Or they can lever up their balance sheet and buy accretive assets.
For an RRSP as a 2-3-year hold, vs. BAM Go with BAM. But he likes Granite--boasts a very strong balance sheet with low debt which protects them in a downturn. Or they can lever up their balance sheet and buy accretive assets.
Was a spin-out of MGM (the casino). They structure a master lease to this parent. These rents are bullet-proof. Cash flows within MGM are strong (from gambling), even if there will be a recession. You're buying good long-term cash flow, supported by an investment-grade tenant. Also, they can buy more quality assets, some within gambling, some outside, which leads to more accretion. Offers stability yet growth. Pays a 6.1% yield. (Analysts’ price target is $36.15)
Was a spin-out of MGM (the casino). They structure a master lease to this parent. These rents are bullet-proof. Cash flows within MGM are strong (from gambling), even if there will be a recession. You're buying good long-term cash flow, supported by an investment-grade tenant. Also, they can buy more quality assets, some within gambling, some outside, which leads to more accretion. Offers stability yet growth. Pays a 6.1% yield. (Analysts’ price target is $36.15)
They hold data centres and cell towers which surprisingly make up a big part of the real estate index. He likes this but prefers the biggest player in the world, Equinix. Having scale in this business matters.
They hold data centres and cell towers which surprisingly make up a big part of the real estate index. He likes this but prefers the biggest player in the world, Equinix. Having scale in this business matters.
He prefers owning the parent, BAM. BPY owns US malls and New York City offices, both high quality assets. But at this stage of the cycle, those properties will demand a lot of capex. A few years ago, BPY bought a bunch of malls from GGP and will make a lot of money of them down the line, but not immediately.
He prefers owning the parent, BAM. BPY owns US malls and New York City offices, both high quality assets. But at this stage of the cycle, those properties will demand a lot of capex. A few years ago, BPY bought a bunch of malls from GGP and will make a lot of money of them down the line, but not immediately.