DAJK Group
  • About
  • Project Funding
  • Net Lease Investment
  • Business Finance & Development
  • Consultant & Concierge Services
  • Financial Services & Asset Management
  • Investment & Business Resources
  • Products & Gift Ideas
  • GEP Blog
  • GEP Blog2
  • Business Principles
  • Contact

Our Blog

Berkshire Hathaway Bets On Net Lease Retail With $377M Investment

7/3/2017

0 Comments

 
Investment of 9.8% stake makes Berkshire the third-largest shareholder in Store Capital Corp. real-estate investment trust
Picture

​Warren Buffett's Berkshire Hathaway is betting on net lease assets with a $377M investment in retail REIT Store Capital Corp. — a move that shows the world’s most famous investor thinks there is still life in the retail real estate sector.

The real estate mogul's company took a 9.8% stake in Scottsdale, Arizona-based Store Capital Corp. Monday, sending its stock soaring 11%. The REIT primarily leases retail properties to mom-and-pop retailers, and avoids the sectors that have seen their market eaten up by e-commerce, such as fashion, media and electronics, Bloomberg reports.  Its tenants tend to be preschool facilities, health clubs, dine-in movie theaters and pet care sites. Tenants cover the costs of running the property. Store Capital CEO Christopher Volk told Bloomberg that Berkshire Hathaway had been studying the REIT since 2014, occasionally holding conversations with management. He said 10 days ago, Buffett’s deputy investment manager, Ted Weschler, called the company to suggest a deal because the share price had fallen to an attractive level. Buffett has previously told investors in his famous shareholder letters that real estate can be a good hedge against inflation and is a better store of value than gold and bonds.
 
Source:  WSJ
​

Join “A Sporting Chance for Peace”

Medical Community Project in Ghana

Picture
Picture

Gold Buy/Sell Contract Operation

Sculpture Sales Agents Hiring

Picture
Picture
0 Comments



Leave a Reply.

    Author

    DAJK GROUP is the place where investors, business owners and entrepreneurs can research and find useful information, insight, resources, advice, guidance and inspiration for acquiring funds for their project, acquisition for their net lease commercial real estate, increasing their assets and running their profitable business.

    Archives

    August 2019
    March 2019
    December 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    February 2016
    January 2016
    December 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015

    Categories

    All

      Contact us

    Submit

Services

Project Funding
Business Finance & Development

Net Lease CRE Investment
Concierge Services
​Finance & Asset Management


Company

About
Business Principles
Blog GEP
Blog

Support

Contact
Privacy Policy
Disclaimer
3592 Rosemead Blvd 526  
​Rosemead - California 91770

Los Angeles - USA
T:  +562.301.7231
© COPYRIGHT 2015. ALL RIGHTS RESERVED.
  • About
  • Project Funding
  • Net Lease Investment
  • Business Finance & Development
  • Consultant & Concierge Services
  • Financial Services & Asset Management
  • Investment & Business Resources
  • Products & Gift Ideas
  • GEP Blog
  • GEP Blog2
  • Business Principles
  • Contact