While Ventas' (VTR) office portfolio displays marginal net operating income growth, declining occupancy at its senior housing operating portfolio continues to be a deterrent in Q1.
Rayonier (RYN) registers growth in pro-forma operating income for all segments. Yet, the company witnesses a decline in revenues for first-quarter 2021.
While core storage business remains resilient in Q1, Iron Mountain's (IRM) performance is affected by service revenue declines. The company hikes guidance for 2021.