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Stock impact report

Realty Income Broadens Reach With Fund Launch And Global Growth Push [Yahoo! Finance]

Realty Income Corporation (O) 
Last realty income corporation earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: realtyincome.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Realty Income (NYSE:O) has launched its first perpetual life U.S. Open-End Core Plus Fund, aimed at institutional investors. The company is building a new institutional asset management business alongside this fund initiative. Realty Income has entered a major partnership with Singapore's GIC focused on U.S. logistics developments. The company is also expanding internationally with new activity in Europe and Mexico. Realty Income, trading at $65.99, is best known for its net lease real estate model and monthly dividend profile, and its recent moves indicate a broader approach to capital and geography. The stock is up 9.3% over the past month, 15.1% year to date, and 24.4% over the past year, which may draw more attention to how these new initiatives fit into its existing portfolio and income profile. For investors, the new fund platform, asset management push Show less Read more
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