Skyline Wealth: The Secret to Historically Stable Returns in Retail Real Estate
Investing in Everyday Essentials for Historically Stable Returns
Retailers are opting for smaller and less expensive spaces due to the economy and growth of e-commerce, which is creating challenges for retail real estate investment trusts (REITs) that have shopping malls or fashion retailers in their portfolio. However, retail REITs that have national name brand tenants offering everyday essentials like grocery stores, pharmacies, and banks have been more resilient. Skyline Retail REIT has been able to provide a stable annualized return of ~13% since its inception in 2013 due to its geographically diverse portfolio of everyday essential tenants, which makes up 80%* of its portfolio. This has allowed the fund to consistently perform even during recessionary times and the pandemic.
* as at Dec. 31, 2022
For more information on Skyline Wealth Management Inc. visit their website at www.skylinewealth.ca.