Curating Best-in-Class Portfolio
Curating Best-in-Class Portfolio Through Thoughtful Investment
Process Supported by Proprietary Data From Over 12,200 Properties
$95
BILLION
2022 SOURCED
OPPORTUNITIES
REALTY
INCOME
RESEARCH AND
STRATEGY
REVIEW OF REAL
ESTATE FUNDAMENTALS
ANALYSIS OF CLIENT
FINANCIAL STRENGTH
INVESTMENT COMMITTEE
DISCUSSION AND DECISION
SELECTIVITY: ~ 9%
20
Strategic Objectives:
.
•
Identify "Mega Trends"
Research Geographies,
Industries and
Prospective Clients
"Big Data" Analysis of
New and Existing
Industries
·
Construct Optimal
Portfolio
Considerations Include:
•
Market & Location
Surrounding Demographics
•
•
Key Insights:
•
•
Traffic Counts, Access &
Signage
•
Rent Relative to Market
Price vs Replacement Cost
Lease Term & Rent Escalators
Alternative Use and Fungibility
IRR Scenario Analysis
Long-Term Industry
Trends
Competitive Landscape
Corporate Financial
Profile
⚫ Client's Long-Term
Growth Strategy
⚫ Store-Level
Performance
• ESG Metrics
Discussion Points:
•
•
Fit in Portfolio and
Company Strategy
Consideration of Overall
Opportunity
Pricing and Other Deal
Terms
Investment Spreads and
Long-Term IRR vs Long-
Term WACC
$9.0
BILLION
2022
ACQUISITIONS
VOLUME
25View entire presentation