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Net Lease Office Properties: Top Value For Office Investors
NLOPNet Lease Office Properties(NLOP) Seeking Alpha·2024-09-12 05:02

Boris_Zec/E+ via Getty Images W. P. Carey (WPC) spun off Net Lease Office Properties (NYSE:NLOP) in November 2023 as the REIT strategically realigned its portfolio and wanted to get rid of its unwanted office assets. The spinoff contained a number of office assets in the U.S. as well as in Europe. Net Lease Office Properties is scliling some of its assets, but al generates a significant amount of adjusted FFO from its existing leases. I believe that shares of Net Lease Office Properties remain undervalued b ...