Sector is one of the most fairly valued.
No stocks in our real estate coverage are trading at 5 stars.
After outperforming the market in 2018, we don’t see many real estate opportunities for investors.
We think the company has several significant opportunities to create value.
Online retailers will continue to pressure brick-and-mortar outfits, but we believe that sales at high-quality properties will stay positive.
REITs should have several more years of solid growth in property fundamentals as the economic cycle continues and many sectors have the peak in supply growth behind them.