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EP #162 | Navigating the World of REITs with Brad Thomas, aka mr REIT
Dividend Talk
Real Estate Investment Trusts in the Casino Sector: Stable Performance and Trophy Properties
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The casino sector has proven to be stable even during the pandemic, with Veachy achieving 100% rent collection. Additionally, the gaming sector has historically performed well in recessions, particularly in the US. Real-to-income has been successful in acquiring trophy properties and has strong coverage ratios. The resilience of these properties is exemplified by the fact that even during the pandemic, rent was collected despite temporary closures. The Las Vegas market is thriving and experiencing growth.
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