69-178, which involves an exempt organization that owns a meeting hall and permits its members and outside individuals and groups to use the hall for a fee. KPMG International and its member firms are legally distinct and separate entities. "I think you're riding a crest of a wave that's only going to get better. The company increases dividends quarterly, too, not annually; the payout has improved by 20% in 2018 across four hikes.American Tower has buy or strong buy recommendations from 21 of 22 covering analyst firms.The REIT’s North American and Western Europe portfolio currently accounts for 81% of revenues, but Iron Mountain expects future growth to come from emerging markets. In MoneyShow’s Top Picks 2020 report, four experts chose REITs as their favorite ideas for the coming year. Americold targets two to three development projects each year. Recent chatter about an impending recession has sent investors scurrying away from economically sensitive industries, and this has contributed to Preferred Apartment’s lower current valuation.This is where the REIT’s diversification could be an asset — its retail properties are primarily grocery-anchored plazas, and grocery stores are cyclically defensive.Revenues have grown rapidly since the REIT was founded in 2011. Refrigerated warehouses account for most of the company’s revenues (74%) and its customer list is a who's who of the food industry including the likes of I want to emphasize to you again the uniqueness of its business. And in most cases, as we saw during the housing crisis, it’s much less! "Because as the grocery segment grows, the perishables are poised to profit, and so are those investing in really cold properties.Got a confidential news tip? Five-year dividend growth has averaged 24% annually, and American Tower has also completed nearly $5 billion in share repurchases. The REIT is committed to delivering at least 7% to 8% annual dividend growth going forward.Like Crown Castle, American Tower generates strong recurring revenues from five- to 10-year lease terms and 3% embedded rent escalators. The company also provides the customary services necessary to properly preserve their goods and facilitate the movement from the point of manufacture through the supply chain to the point of consumer acquisition. Office buildings exterior. Its size provides competitive advantages related to economies of scale, reduced operating costs and lower cost of capital and also position the REIT as the lead consolidator in a highly fragmented cold chain market.Americold has generated 3.3% annual rent growth and 6.0% yearly income growth from its existing franchise. Real assets also add depreciation to the income statement, shielding cash flow. About 2% or 3% of all goods on groceries are bought online, and we expect the space could explode to 13% over the next 5 years because of the penetration of the internet," said Spencer Levy, senior economic advisor for CBRE research.CBRE's forecast is based on a projection by the Food Marketing Institute and Nielsen that an additional $100 billion in annual grocery sales will be conducted online by 2022.
That will likely mean big changes for the cold-storage industry, which at 3.6 billion cubic feet currently accounts for just a tiny slice of U.S. industrial-and-logistics real estate overall.Much of the cold-storage sector's growth is likely to occur in gateway markets such as Los Angeles and the New York City metropolitan area, as well as leading food-production states, such as California, Washington, Florida, Texas and Wisconsin.It's not just the delivery services driving demand, but farm-to-table and organic trends. The firm’s primary asset is the expertise of its senior management team, which averages over 28 years of industry experience. The IRS publicly released a private letter ruling* in which the IRS addressed the proposed operation of cold storage warehouses by a real estate investment trust (REIT). Acquisitions have helped drive nearly seven-fold growth in revenues and three-fold growth in FFO per share over five years. Business is still humming along. Americold is the largest global and U.S.-based REIT focused on the ownership, operation, development and acquisition of temperature-controlled warehouses, which are an indispensable component of the food industry infrastructure. Cold storage warehouses and distribution centers are suddenly in high demand, thanks to new food delivery services such as Peapod by Giant, Amazon Fresh … A conservative capital structure, with debt representing just 25% of capitalization, gives CorEnergy flexibility for mergers and acquisitions.Key 2019 initiatives for CorEnergy include pushing through a FERC rate increase for its McGas Pipeline, utilizing excess cash to reduce leverage and closing one or more acquisitions.FFO per share has improved by 18% over the past four quarters.
The REIT also recently partnered with the Qatar Sovereign Wealth Fund on funding for new projects.Welltower has consistently outperformed other REITs by returning 14.9% annually since its inception, and increasing dividends every year since 2004. It all starts with a thorough understanding of the basics of how retirement income is taxed.A trip to the ER can be chaotic and scary, but getting your ducks in a row now can definitely help.13 Dividend Stocks That Have Paid Investors for 100+ Years13 Dividend Stocks That Have Paid Investors for 100+ YearsStock Market Today 8/13/20: Apple Nears $2T, But Stocks StruggleStock Market Today 8/13/20: Apple Nears $2T, But Stocks Struggle10 Things to Know Before Going to the Hospital (from a Legal Perspective) 10 Things to Know Before Going to the Hospital (from a Legal Perspective)