Ferguson Partners’ Post

The PRS REIT declared an interim quarterly dividend of 1.0p per ordinary share this morning. The payment is in respect of Q4 (April – June 2024) of its financial year and will be payable on or around 30 August 2024 to shareholders on the register on 9 August 2024. The ex-dividend date will be 8 August 2024. Eighty per cent. (0.8 pence per share) of the dividend will be paid as a Property Income Distribution, with the balance paid as an Ordinary Dividend. This payment takes the total dividend for the financial year to 4p per ordinary share. Against a current share price of 84p, that’s a 4.8% yield. In mid-July, reporting on the performance of its portfolio over the fourth quarter, the PRS REIT stated that occupancy and rent collection remained at very high levels (at 96% and 100% respectively) and that arrears were low. Critically, while rental growth over the 12 months to 30 June 2024 was 11.7%, affordability (which is average rent as a proportion of gross household income) remained at a healthy level at 23%. This is well within Homes England's guidance limit of 35%. The Board stated that it remained very confident about prospects. https://lnkd.in/eyjPYHzu #Dividend #REIT #PRS #Property #Buildtorent #BTR #BTRInvestment #PropertyInvestmentFunds Sigma Capital Group Limited

Can a REIT with zero income and assets still qualify as a REIT? The IRS has clarified that a real estate investment trust (REIT) with zero gross income or assets can still meet the necessary tests to qualify as a REIT. Learn how: https://okt.to/yQdR0p #REIT #TaxLaw #IRS #RealEstateInvestment #TaxCompliance #InvestmentStrategies

Home REIT's overdue 2023 results show continued losses as board members depart. Home REIT has published its long overdue results for the year to 31 August 2023, as it seeks to resume trading on the London Stock Exchange following its suspension three years ago. Jennifer Morrissey. Check out Beth Brearley’s latest article👇 https://incm.pub/4gdHApP #investing #assetmanagement #wealthmanagement #finance

What Are Some Differences Between Real Estate Syndications and REITs? Lets take a look so you, as an investors, can make the best choices for your portfolio: 📌 Investment Structure Real estate syndications involve pooling funds from multiple investors to purchase a specific property or a portfolio of properties. Each investor owns a share of the property, and the syndication is typically managed by a sponsor or general partner who handles the operations. In contrast, REITs are companies that own, operate or finance income-generating real estate. Investors buy shares of the REIT, much like purchasing stock in a corporation, and become partial owners of the REIT’s real estate portfolio. 📌 Accessibility and Liquidity REITs are generally more accessible and liquid than real estate syndications. Publicly traded REITs are listed on major stock exchanges, allowing investors to buy and sell shares easily. This provides a level of liquidity comparable to other publicly traded stocks. On the other hand, real estate syndications often require a higher minimum investment and are typically illiquid. Investors must commit their capital for a set period, often five to seven years, until the property is sold. 📌 Investment Risk and Control Investors in real estate syndications often have more control over their investments since they can select specific properties or sponsors based on their preferences and risk tolerance. This can lead to higher potential returns but also higher risks, as the performance is tied to a specific property or group of properties. In contrast, REITs offer diversification across a larger portfolio of properties, which can help mitigate risk. However, individual investors have little to no control over the specific properties within the REIT’s portfolio. 📌 Tax Implications Tax treatment differs significantly between real estate syndications and REITs. Income from real estate syndications is typically passed directly to investors, who can benefit from depreciation and other deductions, potentially lowering their overall tax burden. REITs, however, are required to distribute at least 90% of their taxable income to shareholders in the form of dividends, which are taxed as ordinary income. This can result in a higher tax liability for investors compared to the potential tax advantages available through syndications. 🚀 Ready to level up and see for yourself why real estate investing can equate to financial freedom ⏩ https://lnkd.in/eQ3NQ4Zg #apartments #generationalwealth #invest #realestate #future #wealth

Volume tells the story…quick read of 24’ Numbers Total Market: $106B (+170%) Single-Borrower: $70B (dominated by quality assets) Conduit/Fusion: $32.9B (the quiet giant awakening) Property Plays: Hotels led: $25.6B (+204%) Multifamily surge: $21.9B (+1,118%) Industrial steady: $19.7B The real signal? That 436% jump in floating rate to $49B. Institutions positioning for lower fixed rates in the future - let’s see how that plays out in 25… 2025 plot twist: Watch Conduit. The refinancing wave isn't a secret, but the scale might surprise you…. #CMAAlert #CMBS #WallStreet #CRE #Refinancing #InstitutionalCapital Source: CMA Jan 10 2025

Net property income for the quarter is 2.1% lower y-o-y, at $102.4 million.

Agree Realty (NYSE:ADC) announces a monthly dividend of $0.25/share, same as the previous one. Forward Yield: 4.99% Payment Date: July 15. Ex-Dividend Date: June 28. Realty Income (NYSE: O) announces a monthly dividend of $0.263/share, up 0.2% from the previous dividend of $0.2625. Forward Yield: 6.04% Payment Date: July 15. Ex-Dividend Date: July 1. Four Corners Property Trust (NYSE: FCPT) announces quarterly dividend of $0.345/share, same as previous. Forward Yield: 5.78% Payment Date: July 15. Ex-Dividend Date: June 28. Independence Realty Trust (NYSE: IRT) announces quarterly dividend of $0.16/share, same as previous. Forward Yield: 3.62% Payment Date: July 19. Ex-Dividend Date: June 28. * not an investment recommendation #dividends #passiveincome #investments #realestate #stocks

Schroder European REIT has reported a positive NAV total return, earnings growth and a low LTV for its financial year ended 30th September 2024. The Company also declared its fourth interim dividend for the year of 1.46 Euro cps: https://bit.ly/3D24en4 #reit #listedcompanies #realestatenews #shareholders #investorrelations #propertyowners #landlords #commercialrealestate #europe #JSE #businessnews #propertynews #assetmanagement #realestateinvestment #propertyfund

As public and private property values become more in sync with one another, REITs will likely maintain investment performance and acquisition advantages over their private market counterparts. https://bit.ly/3MPRbqA

Who are the winners in this post-election REIT world? Will Donald Trump make REITs great again? Or will rising interest rates derail the commercial real estate train? While much remains to be seen, there are certain REIT tailwinds that are hard to ignore as we head towards 2025. See this months Serenity newsletter for more details... #REITs #investing #CRE https://lnkd.in/gvB_jwQf