StoreREIT telling: three key elements
by Jackson Franks
For me writing has never been easy, in fact English was my least favourite subject at school. However, I enjoy a challenge and as I think about what to write this week, I take myself back to my English class at school to remind myself of what writing tricks I was once taught. What I remember most is how we were taught the basics of writing a story: each story must consist of a beginning – hooking the reader & setting the scene, a middle – a series of interesting and exciting events, and an end – tie up loose ends & satisfy the reader. As I wrote these characteristics down it suddenly looked very familiar. This is what we expect of and how we critique real estate managers. We look for the successful implementation of a story which follows the same characteristics; a beginning – raising capital & deployment, a middle – asset management initiatives, and an end – disposing of the asset(s) & redeployment of capital.
Market Snapshot
- Global equities rose 1.5% last week
- Joe Biden was inaugurated as the 46th US President
- Brent crude rose 0.6% last week to $55.4 a barrel
- Gold rose 1.5% to $1855.61 per ounce