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Cousins Properties vs. Vornado: Which Office REIT Is the Better Buy?
ZACKS· 2025-12-24 17:05
Core Insights - Cousins Properties (CUZ) and Vornado Realty (VNO) are significant players in the office real estate sector, benefiting from high-quality portfolios amid a growing demand for premium office spaces [1] - The easing of interest rates and anticipated inflation decline in late 2026 are expected to further enhance the performance of these office REITs [1] Cousins Properties - The Sunbelt region is experiencing a population influx, leading to increased demand for office space, with Cousins executing 128 leases totaling 1.4 million square feet in the first nine months of 2025, reflecting a weighted average lease term of 7.9 years [3] - Cousins Properties' portfolio consists of trophy Class A office buildings that align with tenant preferences for modern workplaces, and the company is witnessing increased office utilization as tenants return to physical offices [4] - The company maintains a diversified tenant base and focuses on enhancing portfolio quality through acquisitions and developments, with a robust development pipeline expected to contribute to annualized net operating income (NOI) growth [5] - Challenges include high competition affecting tenant retention and pricing power, as well as concentration in Atlanta, GA, and Austin, TX, which may expose the company to regional economic downturns [6] Vornado Realty - Vornado's strategy focuses on high-rent, high-barrier-to-entry markets, supported by a diversified tenant base, which is expected to drive steady cash flows and growth [7] - The demand for office space in New York remains strong, with Vornado leasing 2.8 million square feet in its New York portfolio during the first nine months of 2025, achieving a weighted average lease term of 12.2 years [8] - Vornado is pursuing selective developments and asset sales to unlock capital for future investments, maintaining a healthy balance sheet and liquidity to support its growth initiatives [10] - The company faces challenges such as geographic concentration, competition, high debt burden, and elevated interest expenses [11] Comparative Performance - Cousins Properties has outpaced Vornado in growth, driven by leasing momentum in the Sunbelt region, while Vornado's urban focus presents different challenges [9] - Zacks Consensus Estimates indicate a 14.75% year-over-year increase in CUZ's 2025 sales, while VNO's sales are expected to decline by 1.48% [12][13] - Over the past six months, CUZ shares have fallen 14.1%, while VNO shares have declined 8%, both underperforming the S&P 500's rise of 15.6% [17] - CUZ is trading at a forward price-to-FFO of 8.76X, below its one-year median, while VNO is at 13.82X, also below its one-year median of 16.54X [18] Conclusion - CUZ stands out due to its exposure to high-growth Sunbelt markets, solid leasing momentum, and a development pipeline supporting future NOI growth, backed by a strong balance sheet [20] - VNO offers stability through its New York City assets but faces higher debt and limited growth options, making CUZ a more compelling growth-driven investment [21]
3 Once-In-A-Decade REIT Buying Opportunities For 2026
Seeking Alpha· 2025-12-24 13:50
Core Insights - The company is launching a promotional offer for new members, providing a $100 discount and a 30-day money-back guarantee to encourage sign-ups for the year 2026 [1] - The company has released its Top Picks for 2026, indicating a focus on identifying profitable investment opportunities [1] - The company invests over $100,000 annually in research to find the most lucrative opportunities, which has resulted in over 500 five-star reviews [1] Promotional Details - The limited-time offer is designed to attract new members and is positioned as a risk-free opportunity [2] - The urgency of the offer is emphasized by stating that it ends soon, encouraging immediate action from potential members [2]
Investment group acquires three long-standing grocery stores in £98m deal
Retail Gazette· 2025-12-24 09:05
Supermarket Income Real Estate Investment Trust (SUPR) has strengthened its UK grocery portfolio with the acquisition of three well-established supermarkets for £97.6m.The newly acquired stores – operated by Tesco, Sainsbury’s and Waitrose – have long trading histories and have been secured at an average net initial yield of 5.5%.All three are let on long, inflation-linked, triple-net leases, aligning with SUPR’s strategy of targeting resilient grocery locations with strong covenant strength.The largest acq ...
Sun Communities (SUI) Q3 2025 Earnings Transcript
Yahoo Finance· 2025-12-23 17:30
John McLaren: Thank you, Charles. On behalf of the entire team, we are thrilled to welcome you to Sun Communities. Your deep understanding of and experience in the real estate industry and fresh perspectives have already been additive, which will help guide Sun through this next exciting chapter of growth and value creation. Turning to our performance. I'm very pleased with our third quarter results. Sun reported core FFO per share of $2.28, exceeding the high end of our guidance range, driven by strong sam ...
Millionaire Wisdom: How to Grow Net Worth, Part 6
ESI Money· 2025-12-22 10:00
This post may contain affiliate links. Please read my disclosure statement for more info.Through the years, I have interviewed hundreds of millionaires with the goal of learning from their experiences and knowledge.I’ve published these as Millionaire Interviews, featuring my specific questions and their responses.After a few hundred interviews, I realized that there was phenomenal wisdom in several of the questions I asked, especially when the responses from different interviewees are read one after another ...
How much Social Security can you expect as a middle-class retiree?
Yahoo Finance· 2025-12-21 15:07
Social Security benefits can be taxable depending on the retiree’s total income. It’s essential to understand how other sources of income — like pensions and investment withdrawals — impact the taxability of Social Security benefits. Proper tax planning can help minimize Uncle Sam’s share of your money.While you can start receiving benefits at 62, doing so will result in a reduced monthly benefit. Each year you wait until you reach 70 will significantly increase the benefit amount.While drawing your Social ...
2026 Could Be Explosive For The SPDR Dow Jones REIT, And It's 4% Dividend
247Wallst· 2025-12-20 15:45
Group 1 - The SPDR Dow Jones REIT ETF (NYSEARCA:RWR) occupies a unique position within the REIT sector, indicating its distinct investment strategy and focus [1] Group 2 - The ETF's performance and characteristics may appeal to investors looking for specific exposure in the real estate investment trust market [1]
A Detroit woman bought 8 fixer-upper properties in the 'most unlikely real-estate boomtown'
Yahoo Finance· 2025-12-19 10:29
While her business has been a success so far thanks to this hard work, Detroit's real estate boom helped fuel this success. The median price plummeted to $58,900 in 2009 and the city filed for bankruptcy in 2013. Now, with prices soaring to $250,000, according to Realtor.com, investors like Hunter find it much easier to profit in this rapidly appreciating market.Barely a decade after it declared bankruptcy, The Wall Street Journal stated Detroit is emerging as “America’s most unlikely real-estate boomtown.” ...
Dream Office REIT Announces December 2025 Monthly Cash Distribution, Special Non-Cash Distribution and Board Changes
Businesswire· 2025-12-17 19:11
For Unitholders who are residents of Canada for Canadian federal income tax purposes, the amount of the Special Distribution will increase the adjusted cost base of Unitholders' consolidated REIT A Units. Unitholders who are not resident in Canada for Canadian federal income tax purposes may be subject to applicable withholding taxes in connection with the payment of the Special Distribution. About Dream Office REIT TORONTO--(BUSINESS WIRE)--DREAM OFFICE REIT (TSX: D.UN) ("Dream Office REIT†or the "Trust†...
‘Professional tenants’ trash home and avoid rent for 2 years. Taxpayers chip in $23K but landlord must cover all costs
Yahoo Finance· 2025-12-16 12:45
When NBC10 Boston confronted Coombes outside housing court last May, he was unapologetic: "I use the law and the law helps me do what I need to do."The tactics are straight from the "professional tenant" playbook: filing health complaints about items in disrepair, then refusing to let contractors in to fix them. Submitting multiple appeals. An 11th-hour bankruptcy filing, the couple's 10th in the past decade, with all but the most recent one dismissed."These people are professionals," Behaj said. "They have ...