Essential properties $EPRT had a strong Q2. 2025 estimated AFFO/sh growth is in a league of its own, leaving $ADC and $O in the dust. Quality costs, though.

99.63% of VICI Properties $VICI outstanding shares are owned by institutional investors. Very few (if any) REITs have more smart money holders.

Meta's AI bet could keep them in the tech race, but big spending & Llama flaws raise some potential ROI concerns. Holding my $META position, but not increasing it just yet.

Solid Q2 from $VICI properties. AFFO/sh +4.9% YoY. Holding on to this one, might even add more. Looking forward to a dividend raise in Q3.

$EQIX muddling along – For an industry, data centers, that is enjoying exponential growth, management seems to be doing its best to quash the opportunity for shareholders. I have been investing in and analyzing public real estate companies for over 30 years, from the mundane net

Realty Income $O Q2 earnings tomorrow. I expect European expansion to continue. Interesting to see if they can revise 2025 AFFO/sh guidance up a notch.

Realty Income $O Q2/25 staying the course. No surprises up or down - the AFFO/sh guidance up was no big surprise. Their original guidance was very defensive. Looking good for rate cuts ahead!

W.P. Carey $WPC reported strong Q2 2025 results, raising full-year AFFO guidance to $4.87–$4.95 per share, implying 4.5% year-over-year growth at the midpoint. Their shift to more industrial might pay off even more ahead, if valuations close in on peers.

VICI Properties $VICI showing that Vegas is by no means dead. Money talks.

When adjusting for the India divestment last year, American Tower $AMT AFFO/sh YoY grew 2.4% as of Q2 2025. Growth has slowed significantly, and I am staying away.

The Lamar Advertising REIT $LAMR, recently picked up by Warren Buffett/Berkshire Hathaway, has an impressive track record. 8.5% div CAGR is solid, and following the S&P500 for 10Y is no small feat either.

Prologis $PLD Core FFO growth for Q2 2025 at 9% YoY, very impressive. Valuation at 18.22 P/FFO (TTM) isn't too bad either. Tenants seem cautious due to potential tariff effects. Might be a good buying opportunity - it's definitely on my radar.

Don't get distracted

Federal Realty $FRT has the longest record of increasing dividends in the REIT industry. 7% CAGR since 1967, a dividend king. They've weathered many different economic environments. Not the fastest grower, but no doubt a safe spot to park cash.

International expansion in Europe is seen as a catalyst for future resilience for Realty Income $O. Access to new markets give diversification benefits. If executed well, this strategy could reduce their dependence on U.S. economic cycles.

American Homes 4 Rent $AMH, the single-family housing REIT, is showing impressive growth in Q2/25 - they also grew Core FFO per share 6.6% in 2024. Stock hasn't really moved since mid-2022. On my radar.

Alexandria $ARE overall portfolio occupancy has declined to 90.8%, a drop from 94.6% a year ago, while tenants are delaying leasing decisions. FFO/sh has also declined. Share price decline last year reflects this (-34.6%). Div payout ratio is still safe, though (57%).

Stable projected FFO/sh growth from AvalonBay $AVB. Multifamily REITs valuations are very low looking back 10Y. Could be a great opportunity - or just the "new normal".

Not alot of difference in 5Y total return in the multifamily REIT segment, with $AVB. Macro environment has compressed valuations in a 10Y perspective. I expect a significant increase if/when rates drop.

Essex Property Trust $ESS Q2 looking stable and solid. Their focus on high-demand West Coast multifamily housing markets makes them appeal as a safe bet in the beaten down apartment sector.