|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||72.00 - 72.00|
|52 Week Range||68.00 - 89.99|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||34.65|
|Forward Dividend & Yield||4.27 (5.93%)|
|Ex-Dividend Date||Jun 17, 2021|
|1y Target Est||N/A|
Industrial real estate is one of the hottest property types these days. Demand for warehouse space is rising steadily, driven by the accelerated adoption of e-commerce and supply chain issues, forcing companies to keep more inventory on hand. Because of that, industrial REITs (real estate investment trusts) are leasing space at breakneck speed, driving up rental rates.
While Mack-Cali's (CLI) Q2 results reflect improvements in same-store cash revenues and NOI in its office portfolio, declining same-store NOI in the multi-family portfolio was a deterrent.
Concurrent with Q2 results that reflect seniors housing occupancy expansion, Welltower (WELL) agrees to expand footprint through joint ventures.