When it comes to property sectors, US public equity REITs are "all in" on innovation. By adapting to the changing economic and commercial real estate landscapes, REITs have moved beyond the status quo with ongoing introductions of new property sectors. Today, REITs offer 13 total and 11 "pureplay" property sectors, an expansive menu of investment options with broad investor appeal.
The newest REIT property sector, gaming, highlights the creativity of the public real estate markets. While potentially conjuring unwarranted notions of risky business, the sector offers investors access to experiential real estate that includes casinos and entertainment properties through long-term, risk-mitigating triple net leases.
To learn about gaming’s business model, how active managers view this growing sector, and more, read the full story in PREA Quarterly.