Thanks for sharing this. But, I am not able to understand rationale for 6.5% post-tax yield. At 39% tax , this turns out to be 10.65% pre-tax yield. Even in current environment , this seems to be a very high. Is there any secured investments where I can get such pre-tax return. Also, pls consider the fact that REITs are owning appreciating assets, value of which should increase over a period of time.
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