Realty Income Pitch Deck
REALTY INCOME
Recent Acquisitions Demonstrate Examples of Quality
UNITED STATES
Property Type: Class A Industrial (acquired in 2021)
Size: approx. 2mm SF
Year Built: 2020-2021
Strategic Location: DFW (Texas) / $37B+ in annual economic impact
Client Industry: Warehousing / Distribution / E-commerce
Lease Term: approx. 11 years
Contractual Rent Escalators: annual fixed increases of 2.0%+
Key Real Estate Attributes: 15-minute drive population of ~650k,
healthy direct vacancy rate of ~5%, annual net absorption of over
20mm sq. ft. for the fifth consecutive year
"Green" Attributes: LED lighting, ESFR sprinkler system, TPO roofing,
efficient HVAC
EUROPE
Property Type: Retail (acquired in 2021)
Transaction Type: Strategic sale-leaseback with Carrefour in Spain
Purchase Price: approx. €93mm
Location: Canary Islands, Valencia, Madrid, Basque Country, Navarra,
and Castile and León
Lease Term: approx. 10 years
Contractual Rent Escalators: annual inflation-linked increases
Client Profile: Carrefour is the second-largest grocer in Spain and the
eighth-largest retailer in the world with ~€70 billion in annual revenue
Investment Grade Credit: 'BBB' / 'Baa1' by S&P and Moody's
Key Real Estate Attributes: average 10-minute drive population of
~200k, with average household income above the Spanish median,
below market rents support future releasing prospects
saler
CA
Carrefour
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