Which Real Estate Sectors Offer the Biggest Opportunities Over The Next Five Years?
July 29, 2019 | Nareit Staff | www.reit.com
Cedrik Lachance
Director of REIT Research
Green Street Advisors
“REITs with great balance sheets will be best positioned to do well in the coming years, especially if we navigate stormier economic seas. Numerous REITs across virtually all property sectors have learned lessons from the past and positioned themselves to not only survive, but to take advantage of volatile environments.
At the sector level, data center REITs are in a unique position to flourish given the continued technological evolution that is creating a secular demand boom in data storage and connection.
Additionally, the single-family rental (SFR) business should experience outsized rent growth and fully take control of expenses. With a demographic tailwind from millennials entering the years in which they’ll have kids and a limited pace of new single-family housing development, the SFR business should do especially well over the next five years.”