Capital Allocation And AcquisitionsA blended cost of capital that allows accretive investments, coupled with acquisitions completed at favorable cap rates, supports portfolio expansion and potential increases in distributable cash.
Leasing StrategyMarking expiring leases that previously lacked rent escalators to market and renewing them with escalators supports organic rental revenue growth and strengthens cash flow per asset.
Valuation And Analyst OutlookTrading at a meaningful discount to estimated NAV while analysts have increased price targets implies potential upside as improved stock liquidity and investment yield spread could help narrow the valuation gap.