By Malcolm Stacey | Saturday 24 February 2024
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Crazies. Empiric Student Property (ESP) is a REIT (Real Estate Investment Trust) enterprise. That means it has to hand most of its profits back to shareholders. And that’s why I tend to favour companies under this favoured umbrella. I’ve also noticed that REIT’s can do better than most of their peers.
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