Realty Income (O) Expands In Europe As Fair Value Stays In Focus

Realty Income (O) just announced a new euro joint venture with KKR that is expected to hold European net lease assets, giving investors fresh data to think about the REIT’s international footprint. Realty Income’s share price has drifted lower in recent weeks, with a 30-day share price return down 9.99% and a 7-day move down 4.77% to about $56.66. At the same time, the 1-year total shareholder return is still up 1.0% and the 3-year total shareholder return sits at 29.83%, suggesting long term…Read More