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Realty Income Corp (O)

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Last Post: 2/16/2018 8:15:15 AM - Followers: 25 - Board type: Free - Posts Today: 0

Realty Income Corporation is The Monthly Dividend Company, which operates as an equity real estate investment trust (REIT). The Company’s primary business objective is to generate dependable monthly cash distributions from a consistent and predictable level of funds from operations (FFO) per share. It has in-house acquisition, leasing, legal, credit research, real estate research, portfolio management and capital markets expertise. As of December 31, 2010, the Company owned a diversified portfolio of 2,496 properties, with an occupancy rate of 96.6%, or 2,412 properties occupied and only 84 properties available for lease, leased to 122 different retail and other commercial enterprises doing business in 32 separate industries, located in 49 states, with over 21.2 million square feet of leasable space, and with an average leasable space per property of approximately 8,500 square feet.